Watch Tech Next Week - John Rothe | Portfolio Manager, Quant, Tech Geek, And Sometime Superhero To My Kids

Watch Tech Next Week

The US stock market is on the verge of a major breakdown. We are down to another “line in the sand” moment in the S&P 500. The market needs to trade up next week for the current sideways trend to continue and to avoid a large selloff:

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There are definitely some early signs that the market will break down next week instead of continuing its sideways trading pattern. The S&P 500’s largest sector is information technology, and tech stocks broke their well-established upward trend today:

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source: Standard and Poors

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