"Vicious Moves": Momo Meltdown As SaaSpocalypse Spreads; Power Producers Nuked
Tl:dr: Macro mixed (strong Services PMI, weak ADP). Asia and Europe pain from catch-down to US Software selling. US Tech was wrecked again with the software selling spreading across the whole stack (AMD didn't help). Momo massacred. Growth stocks ugly. Energy and Materials bid. IPP/Nuclear slammed
