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- Big tech and meme stocks are surging in a speculative rally, Morgan Stanley's Mike Wilson said.
- Wilson urged investors to get out of those risky areas of the market, as some names could lose 20% of their value.
- He has stayed bearish on stocks amid the 2023 rally, and predicted a 26% market crash to come in the coming months.
Technology and meme stocks are once again in the grip of a speculative rally, and some names look poised to lose as much as 20% of their value in a correction, according to Morgan Stanley's chief stock strategist Mike Wilson.