NASDAQ Drags Down Stocks as Momentum Names Stumble

Now watching

Next video starts in : 7 Play

NASDAQ Drags Down Stocks as Momentum Names Stumble

NASDAQ Drags Down Stocks as Momentum Names Stumble
Replay video
Up next

Nicki Minaj & Miley Cyrus Feud Onstage

Unlock your personal NFL Now stream by signing in to NFL.com

NASDAQ Drags Down Stocks as Momentum Names Stumble

by TheStreet.com Videos 2:39 mins

NASDAQ Drags Down Stocks as Momentum Names Stumble

by TheStreet.com Videos 2:39 mins

Stocks reversed course from the morning and tumbled as the NASDAQ led the selling. Mark Newton, Chief Technician at Greywolf says momentum stocks like Netflix and Tesla are losing their 'gogo' steam. As a result, these high flying tech names faltered, bringing most of the NASDAQ with it. The major indices have followed suit, although the selling isn't as pronounced. Newton is looking at the Russell 1000 for signs as to whether the selling will pick up steam.

Must Watch

Live Nation

  1. Creamfields - Creamfields Day 3

  2. 0:30

    Creamfields - Afrojack 'Never Break Your Heart' #YahooLive

  3. 0:23

    Creamfields - Duke Dumont Live at Creamfields #YahooLive

  4. 0:29

    Creamfields - Fatboy Slim Wants Your Body #YahooLive

  5. 0:41

    Creamfields - Tiesto and Don Diablo Shoot 'Chemicals' Music Video #YahooLive

  6. 1:59

    Creamfields - Lee Foss Interview

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless