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Here's why Dan Niles is waiting to buy back in to the stock market

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New for subscribers: Here's why Dan Niles is waiting to buy back in to the stock market Check out CNBCPro for a free trial.

Tech-focused investor Dan Niles said Thursday that he's eyeing a few big stocks as the market pulls back and is waiting for an opportunity to buy back in." said his fund has cashed out of many of its positions after the recent run up, saying that valuations were too high.

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Pro Let me guess: buy Apple, wait...no, sell Apple

Pro Didn't he say this when the S&P was 2500?

Pro I would wait at least 2 weeks before buying. Let’s see blood 🩸 on the streets !!

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