Tech Correction?
- CUHK Quant Trading Society
- Jul 26, 2023
- 1 min read

While the rally in tech stocks has taken a break since it began last October, now may be the time for energy stocks to shine. It wouldn't be surprising to see a significant correction for technology and growth indexes in the next few weeks. In the short-term, if the energy-to-tech ratio increases, then cyclical assets are likely to benefit the most. Otherwise, a shift to energy stocks is unlikely and could result in a substantial sell-off.
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