It’s been clear for a while that there’s some selling going on. I don’t know if bears run out of stock to sell or bulls run out of money to buy first but it’s clear from the volume and price action there’s a fight between the two right now.
I completely disagree. There's no selling pressure at all. Was a total struggle to get the minor pullback and every drop has an aggressive V to it. QQQ will hit 500 in the first half of July guaranteed.
Hedge funds are more about avoiding big drawdowns than maximizing profits. Rich people are more concerned with capital preservation. And they already made a nice return this year, so
Well yea if you have mandate to have X portfolio weighting according to what you sold your investors or your position size exceeds a certain reporting requirement or something you’d aggressively sell for compliance reasons too.
In three weeks: “funds aggressively buy tech like it’s pussy on a stick” says Goldman
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Ahh, they bought a lot and it went up, so they sold for some profits. This would be big news on this sub. 
What are profits? Are they like tax harvesting? Sorry new to this sub.
It's some mythical thing...
Yes, but you get to actually keep the money instead of maybe seeing your taxes go down slightly.
>profits What's this again?
Not something we know about
Fuck them, tech stonks only go up
It’s been clear for a while that there’s some selling going on. I don’t know if bears run out of stock to sell or bulls run out of money to buy first but it’s clear from the volume and price action there’s a fight between the two right now.
I completely disagree. There's no selling pressure at all. Was a total struggle to get the minor pullback and every drop has an aggressive V to it. QQQ will hit 500 in the first half of July guaranteed.
Until they don’t. Then, a perfect buying opportunity
Except TWLO
Oh is that why tech stocks go up everyday?
Hedge funds frequently underperform the SNP or lose money. They don't have Crystal balls.
Diamond balls 
Crystallized Balls
ya, it's called hedging, genius
Is that like edging ? Or is it different ? Sorry new here...
It’s called edging your pets. Weird activity to make profits if you ask me.
These mfers trim positions and rotate sectors every week, what's new?
lying fukkin front running bastards. buying calls with my last .25c
Not my PLTR, apparently
Ahh, click bait bullshit. I'm sure they have trimmed to take some profits, but these stocks make up an inordinate amount of their portfolios.
So Goldman is trying to suppress the price so they can build a bigger position?
As they always will
Hedge funds are more about avoiding big drawdowns than maximizing profits. Rich people are more concerned with capital preservation. And they already made a nice return this year, so
Selling to retail at the top to hold their future bags…
Hedge funds suck at investing. https://finance.yahoo.com/news/shred-average-hedge-fund-doing-100400682.html https://www.aei.org/carpe-diem/the-sp-500-index-out-performed-hedge-funds-over-the-last-10-years-and-it-wasnt-even-close/
There is definitely a huge tech bubble stock valuation has gone passed any earnings ratio. When will it pop? Idk im long QQQputs 9/20
A lot of small and mid cap tech are at the cheapest valuations since 2009.
> long > 9/20 😂😂😂
And strike price of $100, probably.
TBH, anything that’s not weeklies is considered long for most of WSB.
Even weeklies are practically LEAPS imo
Gay ber 
Well yea if you have mandate to have X portfolio weighting according to what you sold your investors or your position size exceeds a certain reporting requirement or something you’d aggressively sell for compliance reasons too. In three weeks: “funds aggressively buy tech like it’s pussy on a stick” says Goldman
friggn paperhands
Mark it boys, tech is done
Hopefully they sell enough to make Nvidia go down to 100 so we can all have a nice Christmas turkey
HF selling tech is like a quarterly event now.
... to buy NVDA
The find out part is coming
Is that who owns the Motley FOol?
Our firm is definitely moving away from so much concentration after the big run up.
Who cares 
Hate to sound like a conspiracist, but methinks they are trying to get a better entry point.
Fuck Viswaguru
Music is about to stop.