Prices had lost all touch with reality, but some, such as Zoom, may have over-corrected
Stocktake: September was difficult for stocks but investors cannot complain
‘I put $10,000 into Amazon in 1997. I sold it in 1997,’ goes one memorable example
Since 2010, it has survived four separate declines of at least 80%
Broad-based nature of rally suggests any pullback will not be a long-lasting affair
Tech-heavy Nasdaq suffered biggest one-day selloff since October last week
There are signs tech’s recent underperformance may not be a short-lived affair
Speculation is ‘running rampant’, but not everything is frothy
Veteran companies Netflix, Facebook, Microsoft, Apple are all continuing to grow
The big five are now so dominant it is creating lopsided daily readings
Day traders are not reflective of overall sentiment
If history is a guide then volatility should abate and stocks should gain over rest of year
Market capitalisation of mega-cap tech stocks as much as bottom 359 stocks in S&P 500
Sell-off a reminder the rollercoaster ride is not over yet
YOU MAY ALSO LIKE...
How does a post-Brexit world shape the identity and relationship of these islands
Inquests into the nightclub fire that led to the deaths of 48 people
Weddings, Births, Deaths and other family notices