Momentum names may see more pain

[riky]

Momentum names may see more pain

<p><a href="http://news.yahoo.com/momentum-names-may-see-more-pain-010804413--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/v0Yi4fc6ESCq_RFs5Q_R4Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-05T010804Z_1_CBREA34035M00_RTROPTP_2_USA.JPG" width="130" height="86" alt="A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York" align="left" title="A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York" border="0" /></a>Familiar names such as Netflix, Facebook and Tesla Motors, along with a number of biotechnology and cloud-computing stocks, have been pummeled in the last month. Some stocks are down more than 20 percent over that period, falling into their own bear market, and yet their valuations still far exceed those of the broader U.S. stock indexes. Wall Street defines a bear market as a drop of 20 percent or more from a recent peak. Facebook Inc , for example, has fallen nearly 22 percent from an intraday record reached less than a month ago.</p><br clear="all"/>

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