S&P Gives Up Vaccine Gains, Tech Is Tumbling As Momo Meltdown Accelerates Tyler Durden Tue, 11/10/2020 - 10:45 Well that all de-escalated quickly. After the exuberance yesterday, the afternoon weakness is continuing today with the S&P now underwater from the Pfizer headlines and Nasdaq down over 6%... The tech wreck is being accelerated by the record-breaking collapse in momentum... And for now, the recent surge in yields is stalling at recent highs, ignoring the momo/value pair's collapse... ...we 're gonna need another vaccine!