History stacks against Nasdaq bulls as the index breaks below Friday's low in Tuesday's session. MRVL, AMD, INTC, MU and AVGO all down.
Just one trading day after BTIG flagged that history was stacked against Nasdaq bulls, the index made good on that prediction — breaking below its Friday intraday low before Tuesday’s session was even half over.The Nasdaq Composite sliced through the 25,648.47 intraday floor set during Friday’s brutal chip-driven rout, touching 24,980.38 on Tuesday.
MRVL stock is moving lower. See the chart and price action here.
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