Big-Cap Tech Gets Taken Down

On this week’s edition of Moxie Indicator Minutes, TG discusses how nearly every big cap tech name got crushed on earnings this week which has weighed heavily on the QQQ. However, the IWM and DIA have done quite well with SPY in the middle. Will the market be able to shake this off with some sector rotation or will this simply be too much and we are witnessing the beginning of the next leg down?

This video was originally broadcast on October 28, 2022. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!

New episodes of Moxie Indicator Minutes air Fridays at 12pm ET on StockCharts TV. Archived episodes of the show are available at this link.