When we summarized the latest batch of 13F reports this morning, we found that in the first quarter the who-is-who of brand name hedge funds scrambled to buy up the big 6 tech stocks: Facebook, Apple, Amazon, Microsoft, Alphabet and Netflix, which is either the cause or effect of a 26% average return for these 6 names, and which together are accountable for nearly half of the YTD gains of the S&P according to Goldman calculations.
Read more here: https://thebitcoinnews.com/everyone-on-wall-street-is-nervous-that-everyone-on-wall-street-is-long-the-nasdaq/