If the NASDAQ Composite Index sells off by the early market close, stocks like Tesla (TSLA) are expected to experience increased selling pressure.
"If NASDAQ begins to sell off into the early close as people begin to derisk, I would love to see how the rest of the market then reacts. I think that it can contribute and fuel more selling pressure in stocks like Hood, in stocks like Tesla that right now there's a lot of uncertainty behind them."
