BLOOMBERG Street Smart With Trish Regan And Adam Johnson April 4, 2014
It is the momentum stocks. We have seen this theme in the past several weeks where we see some selloff of these momentum stocks, ones that have really been running up for a long time. But it has been in fits and starts. There will be a selloff and then will recover a little bit. There is not really a specific individual catalyst for many of them. Take a look at facebook. This is emblematic. One of these big momentum stocks that has been performing well that has now been pulling back recently. Today, it is down 4. 5 . It is also happening with the biotech which has been big momentum stocks. If ...