DoubleLine Capital CEO Jeffrey Gundlach believes there's a particularly troubling sign in the midst of the current pullback in technology stocks. The so-called bond king made a slew of market calls during an investor webcast Tuesday evening.
Here's a breakdown of his outlook:
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European stocks lose nearly all of Monday’s rally after rough Wall Street restartEuropean stocks reversed ground after tech stocks sold off again on Wall Street.
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Stock Market Sell-Off: Dow Falls Over 600 Points As Tech Shares Plunge AgainThe Dow fell over 600 points on Tuesday and the Nasdaq hit correction territory as the widespread sell-off in tech stocks continued by skleb1234 skleb1234 Smart money got more wealth last week, selling at a completely detached from reality pricing. Smart money sold. Good for them. Bag holders got a taste of reality. More reality to come, I reckon......
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Tech stocks continue biggest sell-off in months — what Cramer and others see aheadTechnology stocks remain under pressure as Wall Street sours on 2020's former leaders, but market watchers see more green ahead. TradingNation Gold Shortages are upon us. Buy your bullion now..and gold and silver stocks. Free cash flow for these companies is what Warren Buffett saw in Barrick. Buy now. It's coming!!! Sandstorm Gold is making SO much $$ at $1700 gold!!! TradingNation Overdone. I would be a buyer right now TradingNation Got a feeling this ran out of runway, and the next rally will be in crypto. Got Bitcoin?
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