QQQ: Tech stocks are potentially a bubble

There are some ridiculous growth stock charts out there, with longs leveraged and positioned at weak entries where they can easily be shaken out, causing a cascading selloff in Nasdaq. I'm concerned here, so I hedged my portfolio using futures shorts, looking to add more to Nasdaq shorts to be net short here. There's risk of a deflationary bust now, as gold started to fall. The same is true of #BTC, it might not end well for many people. Maybe it was due, the 'brrrrrrr' meme was certainly ridiculous and social media was filled with gold and BTC bulls, and emboldened growth stock traders.
I would look for ridiculous stocks like #ZM and others to short, with proper risk management of course.

Cheers,

Ivan Labrie.