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Tech shares see sell-off as investors shift to SpaceX, Jim Cramer notes
Jim Cramer, host of Mad Money at CNBC, highlights that traders, gunners, and speculators are selling technology stocks to make room for investments in SpaceX.
He points out that this was a central concern for his club members and references a review of some of yesterday's price levels.
Cramer recently drew attention to a large block of Google shares selling, noting it could test market strength and investor sentiment in a recent report. In another observation, he suggested Berkshire Hathaway's acquisition of Taylor Morrison may indicate value in homebuilders. Both reports focus on notable shifts in equity portfolios.
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