CNBC Jan 6 - Investors fleeing techShift in sentiment should continue to help energy. ARKK continues to drop. For young investors who started with the tech trade (and might not know anything but tech) this will be an interesting year as they try to figure out how to play a tech downturn.
Reference:
https://www.cnbc.com/2022/01/05/stock-market-futures-open-to-close-news.html "Nasdaq falls for a third day as investors flee tech because of higher rates"
"Stocks continued their slide on Thursday, after an update by the Federal Reserve in the previous session drove investor worries over tighter monetary policy and led to the year’s first losing session."