Mike Santoli’s market notes: Hot stocks under pressure, a possible stealth correction, Oscar Health’s weak debut

Traders on the floor of the New York Stock Exchange
Source: NYSE

This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics.

  • Another barrage of selling in mega-cap tech, further retrenchment in the hot-money risk-appetite trades and for now the broad tape is able to absorb it reasonably well.

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