Tech volatility creates the perfect environment to 'nibble' on fintech, market veteran says

The recent rout in tech stocks has sent many investors running for cover, but not everyone is retreating. "As a trader and/or investor, it doesn't matter," Tom Sosnoff, founder of Tastytrade and current CEO of Lossdog, told Yahoo Finance's Opening Bid. "That's where you want to jump in." Sosnoff argued that when intense selling pressure arrives alongside spiked volatility, the market is signaling "capitulation" — the point where the last of the weak hands finally give up. It is a philosophy that flies ...