The NASDAQ Sells Off

Stocks hit a little bit of turbulence around one o'clock. I wouldn't really attribute it to the jobs number, but mostly happen around one O'clock. Nobody seemed to think that today was more meaningful than what we saw on the screen. Amazon is the furthest away of the large cap tech names from the all-time highs. It's 31% below those highs. Only Tesla is worse, 38% off the highs,. But this is still an expensive stock and not great execution over the last year.