Tech stocks without the concept of AI will underperform in 2023
@OptionsDelta:
Institutions short $Consumer Discretionary Select Sector SPDR Fund(XLY)$ again:buy$XLY 20230915 145.0 PUT$sell $XLY 20230915 95.0 PUT$Institutions bought 4,000 puts with a strike price of 145 and sold 20,000 puts at 95.Yesterday's article wrote that a basket of stocks bought by XLY may be the source of the decline. As the chart shows, the top 10 holdings are as follows:Both Amazon and Tesla could be the trigger for a pullback, but I didn't expect an answer so soon: Yes, Tesla is leading the way again! How far will the correction go? There was a lot of buying at the open today on the