Is the sweet time for pandemic stocks over？

Stocks that flourished during the pandemic in particular, are off to a rough start in 2022.

While investor exuberance drove many of these stocks up last year, 2022 is beginning to paint a different picture.

Investors are worried that rising rates will negatively impact high-growth stocks, because it means it's more expensive to borrow money. Not only that, but they also may see Netflix's growth as harbinger of things to come for other pandemic stocks.

The psychology of the market cycle also plays a role — amid these fears, investors have adopted a herd mentality and begun selling their shares in droves. In fact, search interest for the term "selloff" recently reached peak interest of 100.

The best days for growth stocks may be already behind us.

The survey results highlight that optimism continues to abound for stocks, despite the Federal Reserve signaling a more aggressive policy tightening to tame surging prices.

Instead of luring investors into bonds, the prospect of higher rates has instead triggered a rotation within equity markets from more expensive sectors, such as technology, to cheaper shares that are bound to benefit from a booming economy.