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Market on a Knife’s Edge: Tech Sells Off, Defensives Rally
The SPY Trader
4 minutes
2 weeks ago
Market on a Knife’s Edge: Tech Sells Off, Defensives Rally
Fresh news and strategies for traders. SPY Trader episode #1460.
The S&P 500 hits a threeweek low as tech stocks plunge, led by Oracle financing fears, triggering a violent sector rotation out of growth and into value and defense. We break down the Nasdaq's rout, why Eli Lilly and Energy stocks rallied, and how investors should hedge risk and position portfolios defensively ahead of today’s crucial CPI report. Plus, tactical advice for buying the dip in AI infrastructure plays.