Internet Sector Hit By Profit-Taking (GOOG, HHH)

Includes: GOOG, HHH
by: David Fry

Monday was a disappointing day for bulls. Tech stocks were hit hard, despite below-average volume. First note the reversal -- or profit-taking -- in Google:

Profit-taking in GOOG also led to sharp declines in other internet names which in turn negatively affected the Internet ETF (HHH) -- here's the chart: