Whipped-up Nasdaq volatility is new gut check for bottom feeders

Is it lion-like courage, or sheep to the slaughter? That’s the question for retail dip-buyers who keep hurling fresh cash at increasingly turbulent Nasdaq stocks.

Investors emboldened by a strategy that worked all of last year plowed more than $1 billion into tech in recent days, with nearly every other sector also getting deposits. JPMorgan Chase & Co. said it saw the strongest retail flows on record, with at-home traders adding $5.9 billion to equities in the week through Tuesday. 

But now that gumption is being tested as the earnings season kicks off and investors get set for a Federal