Market conditions have been turning hostile to the disruptive tech companies beloved by Wood.
Bank stocks have kicked off the new year with their best start in more than a decade.
Big names are starting to bet against the leadership of high-growth tech darlings.
Research shows the amateur crowd has been suffering from a crisis of confidence of late.
The firm's analysts said there are still too many risks for investors looking to go into buying mode.
Some institutional investors are suddenly shifting towards more defensive investments.