Detailed text transcripts for TV channel - MSNBC - 20140407:14:41:00
Concern over certain stocks in certain sectors and the so-called momentum names and these are the high-flying names in the internet name, and the social immediamedia space, and biotech space, and there was a sell-off friday afternoon, and we have to know this week if they can stabilize or whether or not they are going to pull down the broader market in a broader way. and the sell-off did cause a worst day since november 2011, and to put it in context, some say it is a late cycle signal, and so with the high volatility stocks lagging, and relative to the low volatility stocks, and it does not m...