Megacap stocks plunged to end the week with the S&P posting its worst week since late October. But is the pullback in names like Apple, Microsoft and Tesla an opportunity to go shopping?

Stocks accelerated losses at the end of the session, as investors awaited earnings reports from titans like Apple, Tesla, and Facebook. Among the forces driving the market: concerns over COVID vaccine distribution and the continued squeeze on short sellers which has forced traders to sell their long positions.