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NYSE trader: We're buying the dip in tech stocks today

Live from the floor of the New York Stock Exchange, Alan Valdes of Silverbear Capital joins Dion Rabouin and Seana Smith to discuss the latest market moves, as Hurricane Florence approaches the East coast of the U.S. and Tropical Storm Isaac looms, heading for the Gulf. Here's the performance of the Nasdaq 100 component stocks as of 2:00 pm EDT: TSLA Tesla Inc 3.51% TMUS T-Mobile US Inc 3.00% WDC Western Digital 2.91% NFLX Netflix Inc 2.74% GILD Gilead Sciences 2.71% KHC The Kraft Heinz Company 2.21% WBA Walgreen Boots Alliance Inc 1.84% JD JD.com Inc 1.81% ATVI Activision Blizzard Inc 1.61% NTES Netease Inc Ads 1.54% EXPE(F) Expedia Grp Inc 1.54% BMRN Biomarin Pharmaceutical 1.54% XRAY Dentsply Sirona Inc 1.54% HSIC Henry Schein Inc 1.51% CERN Cerner Corp 1.49% HAS Hasbro Inc 1.39% DLTR Dollar Tree Inc 1.25% QRTEA(HB) Qurate Retail Inc 1.14% MDLZ Mondelez Int'l Inc Cl A 1.12% SHPG Shire plc ADS 1.12% WDAY Workday Inc 1.07% STX(HB) Seagate Tech 1.04% IDXX(HB) Idexx Laboratories 1.01% DISH DISH Network Corp Cl A 0.89% EBAY eBay Inc 0.88% BIDU Baidu Inc 0.80% WYNN Wynn Resorts Ltd 0.82% VRSK Verisk Analytics Inc 0.65% PCAR PACCAR Inc 0.59% CTXS Citrix Systems Inc 0.58% VOD Vodafone Grp Plc ADS 0.55% MNST Monster Beverage Corporation 0.48% EA Electronic Arts, Inc. 0.42% ALXN Alexion Pharmaceuticals 0.46% MYL Mylan NV 0.37% ADBE Adobe Systems 0.38% HOLX Hologic Inc 0.34% LBTYK Liberty Global plc Cl C 0.30% SYMC(E) Symantec Corp 0.25% LBTYA Liberty Global plc Cl A 0.26% CSX CSX Corp 0.18% PYPL PayPal Hldgs Inc 0.13% ISRG(HB) Intuitive Surgical 0.10% CA CA Inc 0.07% ESRX Express Scripts Hldg Co 0.06% ADP Automatic Data Proc 0.03% CHKP Check Point Software Tech 0.03% FOXA(F) Twenty-First Century Fox Inc A -0.07% BKNG(HB) Booking Hldgs Inc -0.08% MSFT Microsoft Corp -0.10% FISV Fiserv Inc -0.11% MAR Marriott Int'l Cl A -0.10% FOX(F) Twenty-First Century Fox Inc B -0.20% BIIB Biogen Inc -0.25% SBUX Starbucks Corp -0.28% SIRI Sirius XM Hldgs Inc -0.42% ADSK Autodesk, Inc -0.31% AMGN Amgen Inc -0.33% VRTX Vertex Pharmaceuticals -0.34% INCY Incyte Corp -0.39% XLNX Xilinx Inc -0.37% CMCSA Comcast Cl A -0.39% AMZN Amazon.com Inc -0.43% MELI Mercadolibre Inc -0.45% INTU Intuit Inc -0.47% CTRP Ctrip.com Intl Ltd -0.59% FAST Fastenal Co -0.66% PAYX Paychex Inc -0.62% SNPS Synopsys Inc -0.62% COST Costco Wholesale Corp -0.65% MCHP Microchip Tech -0.65% CELG Celgene Corp -0.69% TTWO Take-Two Interactive Software -0.75% CSCO Cisco Systems -0.80% JBHT Hunt(J.B.)Transport -0.81% INTC Intel Corp -0.86% AAPL Apple Inc -0.98% ILMN Illumina Inc -0.99% ORLY O'Reilly Automotive, Inc. -1.07% ALGN Align Tech -1.08% CTAS Cintas Corp -1.13% CDNS Cadence Design Systems -1.14% CTSH Cognizant Tech Solutions'A' -1.15% ULTA Ulta Beauty Inc -1.28% AAL American Airlines Grp inc -1.32% CHTR Charter Communications Inc -1.35% GOOG Alphabet Inc Cl C Cap Stock -1.38% QCOM Qualcomm Inc -1.67% AVGO Broadcom Inc -1.73% GOOGL(HB) Alphabet Inc Cl A -1.83% ROST Ross Stores -2.09% TXN Texas Instruments -2.11% AMAT Applied Materials -2.27% NVDA Nvidia Corp -2.29% FB Facebook Inc -2.34% SWKS Skyworks Solutions -2.37% ADI Analog Devices -2.50% REGN Regeneron Pharmaceuticals -2.58% KLAC KLA-Tencor Corp -3.33% LRCX Lam Research -3.59% MU Micron Tech -4.17% MXIM Maxim Integrated Prod -5.12% ASML ASML Hldg N.V. New York -5.13%