Heavy Selling Pressure, Tech’s Worst Drop in 2-Years, and Berkshire Dumps Apple 8/5/24
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Futures are pointing to more selling pressure today following Friday’s decline. An all-star panel of strategists discusses where to position from here. Plus, tech is coming off its worst drop in two years, with all Magnificent 7 stocks excluding Apple now in correction territory. Laffer Tengler Investments’ Nancy Tengler lays out what comes next. And, Apple may be safe from correction for now, but Berkshire Hathaway has sold nearly half its stake in the company. R360’s Barbara Goodstein explains.
Heavy Selling Pressure, Tech’s Worst Drop in 2-Years, and Berkshire Dumps Apple 8/5/24