
IPFS News Link • Stock Market
'Investors' Haven't Bought Tech Stocks Like This Since Bernanke Hinted At QE2 In 2010
• zerohedge.com by Tyler DurdenAs Bloomberg notes, the biggest weekly inflow since September 2010 came as the tech-heavy index - with megacaps Apple, Amazon, Facebook, and Alphabet among its largest members - rebounded to within 1 percent of its record high.
The last time investors flooded into the tech index in this size was shortly after Ben Bernanke's infamous hint at more money-printing to come in late-Summer 2010 during the Jackson Hole event.
Speculators, however, are still wary of the sector: they cut net positions in Nasdaq 100 futures for a fourth week, data from CFTC showed Friday...