The Other Side of the Trade On the other side of the trade, those expecting bullishness for the tech sector can play the Direxion Daily Technology Bull 3X ETF (TECL). "The Nasdaq ended lower on Thursday, pulled down by Apple, Amazon and other Big Tech companies as a fall in weekly jobless claims data fed investor concerns about a recent inflation spike," a Reuters report noted. "Earlier this week, investors’ favor for heavyweight growth stocks pushed the S&P 500 and the Nasdaq to record highs."