Post-Earnings Follow-Up: Meta Sells Off, Microsoft Stays Contained, Nasdaq & SMH Close on the Lows
Volatility continues to pick up as the Nasdaq closed at the day’s lows on high volume, with traders digesting Fed comments and getting ready for earnings after the bell. The VIX popped above 20, but the put/call ratio remained relatively low considering the pullback we have seen in the Nasdaq. The path of least resistance … Read more