Hedge Funds Dumped Tech at Near-Record Pace, Then Chips Jumped 7%
Hedge funds sold tech at near-record pace through Nov 6; the next morning the Philadelphia Semiconductor Index jumped 6.9%, its best day since July 30.
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Deleveraging
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Hedge funds sold tech at near-record pace through Nov 6; the next morning the Philadelphia Semiconductor Index jumped 6.9%, its best day since July 30.