Risk is like an onion

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Tech slide continues casting doubt on “buy on the dip” strength

Tech slide continues casting doubt on “buy on the dip” strength

Anyone who bought technology stocks on the dip last Friday and Monday is feeling unhappy today. And that spells a worried market. Especially since key stocks in the sector such as Apple (AAPL) and Amazon (AMZN) are showing signs of breaking through important support. The NASDAQ Composite Index is off 0.93% today as of 12:30 p.m. New York time.