When are tech stocks going to stop?! We saw the Nasdaq Composite make another all-time high overnight and interestingly, this time it was not only the big cap tech stocks going up. The Nasdaq 100 Equal Weight Index also made a new all-time high and the Russell Microcap growth index made a 12m price high. Asia followed with a session in the green this morning but European equities are having quite a volatile session. All Indices ticked higher at the open but have been swinging between +/- 0.5% since then. Volumes very mixed with some indices trading above their AVATs, some below. On the desk we are clearly better to buy today but strangely it doesn’t feel as busy as it looks.
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