The Nasdaq on Thursday posted its largest single-day drop in over two weeks. Larry McDonald, founder of the Bear Traps Report, said cracks beneath the surface of the tech-heavy index are signaling further downside, particularly after a historically strong year for growth stocks and the broader market. Here's why:
Dennis Davitt with Harvest Volatility Management and Larry McDonald with the Bear Traps Report discuss rate-sensitive stocks with Brian Sullivan.
Dennis Davitt with Harvest Volatility Management and Larry McDonald with the Bear Traps Report discuss the financials with Brian Sullivan.
Dennis Davitt, Harvest Volatility Management, and Larry McDonald, The Bear Traps Report, discusses moves in Overstock.com's stock with Brian Sullivan.
Signs of euphoria are appearing in the market, says Matt Maley of Miller Tabak. He and Larry McDonald of the Bear Traps Report discuss with Brian Sullivan.