Traders are Betting Against Tech Stocks

The PowerShares QQQ (NasdaqGM: QQQ), the Nasdaq-100 (NDQ) tracking exchange traded fund, slumped more than 6% last week while the Technology Select Sector SPDR (NYSEArca: XLK) has been riddled with outflows this year, which is to say some traders are not fans of technology stocks to this point in...