High valuation Tech companies  ≈  growth stocks, which are getting hammered the most in this market blood bath.  The reason I believe is that recent data the Consumer Price Index show 4% and climbing fast, so people are now pricing in big interest increases.  Since growth stocks earnings are all in the distant future, they get discounted at a higher rate @Nikolas Kong #The Most Important Thing 

https://www.cnbc.com/2021/05/12/consumer-price-index-april-2021.html

Nikolas Kong

The Most Important Thing

High valuation Tech companies  ≈  growth stocks, which are getting hammered the most in this market blood bath.  The reason I believe is that recent data the Consumer Price Index show 4% and climbing fast, so people are now pricing in big interest increases.  Since growth stocks earnings are all in the distant future, they get discounted at a higher rate @Nikolas Kong #The Most Important Thing   https://www.cnbc.com/2021/05/12/consumer-price-index-april-2021.html

Chris Nheu

Dip is only in high valuation tech companies. 
Dow and S&P at or near all time highs

@Nikolas Kong wait has the dip not come yet or is the dip ending?

Dip is only in high valuation tech companies.  Dow and S&P at or near all time highs

D J

A group of likeminded people in The Most Important Thing are talking about this.