The Tech Sector May Have Lost Its Mojo


person using macbook pro on black tableImage Source: Unsplash
Tech stocks (especially a certain $3.1 trillion chip company) have been leading the market to all-time high after all-time high for weeks now.But, as I sit here at the cash close today, I’m watching S&P 500 futures get absolutely rocked with volatility… and all the action stops and the S&P 500 is massively unchanged.So I’ve got to say tech is probably played out right now. That volatility I was watching a minute ago was NVDA. But the bid under it just isn’t enough to move the markets like it did just a few weeks ago.I’ve got a chart that shows perfectly what’s going on and what the next move is…Video Length: 00:11:49More By This Author:Tech Is Consolidating And The Market’s Seeking New Leadership The Only Stock That Matters… And The Only Sector That CountsThe $5.5 Trillion Option Expiration Could Change Everything

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *