The Nasdaq has hit some turbulence this year. It's currently down more than 10% from its recent peak, which puts it in correction territory. Some stocks have sold off even more. I actually like it when the market takes a breather because it allows me to buy some high-quality stocks at much better prices.

The Nasdaq Composite has dropped roughly 13% in less than a month (as of this writing). However, after The Trade Desk reported earnings in February that didn't meet its own expectations for the first time in 33 straight quarters,

Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent inflation and a wobbling job market.