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Tech Correlation Hits 10-Year Low: Time to Short QQQ?
Last time we saw a divergence this wide among market leaders was heading into the choppy markets of 2018. The generals weren't marching together, and it led to a nasty drawdown. Now, Barclays data shows the positive correlation between US Big Tech stocks has cratered to its lowest level in a decade. The whole 'Magnificent 7' trade is fracturing. So...
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