Investors turned bearish on their favorite sector tech quickly this month


Investors turned on their favorite group of stocks recently, dumping tech shares in historic numbers and increasing their bets against the sector amid a September sell-off. The move came just before the shares began to stabilize this week, but it remains to be seen whether the bearish tilt represented the kind of capitulation that marks a bottom for a sector.

The Invesco QQQ Trust, which tracks the tech-heavy Nasdaq 100,  posted its biggest outflow since October 2000 on Friday, according to Bespoke Investment Group. The massive exodus came amid a 3-day sell-off for the Nasdaq 100 last week.

It’s not just a one-day phenomenon. Inflows into the QQQ hovered near multi-year highs for most of…


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