Last night we highlighted the break of the 200-day moving average for the Nasdaq Internet Group. At its peak, the group was up 85% since the start of 2013, but now it's up just 52%. The question now is obviously where does it trade from here? If you had to choose one, would you buy the Nasdaq Internet Group here or would you short it? Please let us know in the poll below, and we'll report back on the sentiment reading shortly. Thanks for participating!
March was a month of rotation out of what had been working into what had not been working. The same rotation has occurred over the first few days of April, and the big question is whether this shift is a short-term mean reversion trade or the start of a longer-term trend. To find out which way Bespoke thinks this market is headed, be sure to check out our 30+-page Bespoke Report newsletter published Friday after the close. Read by the largest institutions on down to beginner investors, our newsletter stands as one of the most widely read pieces on "the street" each week. Get it now with a 5-day free trial to either our Bespoke Newsletter, Bespoke Premium or Bespoke Institutional services.