NASDAQ (INDEXNASDAQ: .IXIC) remains in consolidation mode
November 23, 2020 Update: The tech-heavy NASDAQ Composite (INDEXNASDAQ: .IXIC) could remain range-bound for now as tech stocks have been underperforming. Both tech and growth stocks are expected to underperform in the coming days.Credit Suisse analysts said in a recent report that they’re concern about tech stocks is the fact that they have seen strength capped at the top of its multi-year channel top from 2009. Further, the NASDAQ 100 has been well above what they see as a typical upper extreme. They believe the risk of a more important topping scenario can’t be ruled out heading into the yea...