Hasta La Vista, Tech! Market Rotation: I'll Be Back...Maybe

Judgment Day for Tech?

Greetings. I am a Terminator model T 800. My mission: to analyze this...market update. The CNBC Investing Club says things are volatile. Like a nuclear explosion but with stocks. First half winners in tech? They're taking a beating. Hasta la vista baby. Meanwhile the 'laggards' are making a comeback. It appears they are learning to live again. This is like trying to teach a Sarah Connor to not attract Terminators.

Industrial Strength: Get to the Chopper!

GE Vernova and Eaton are falling. But Dover DuPont and Honeywell? They're catching a bid. It's a divergence like when I had to decide whether to terminate John Connor or protect him. The tech sector is suffering. Meta Alphabet Netflix – they're the worst performers. These tech companies need some therapy perhaps they should call Dr. Peter Silberman?

Healthcare's Comeback: I Need Your Clothes Your Boots and Your Portfolio!

Even healthcare underachievers like Bristol Myers and Danaher are bouncing back. It's like when I emerged from the flames in Terminator 2. Scorched but functional. They're going to live. But as the report states it is too early to claim change of leadership.

Change in Leadership: Are You Sure About That?

This market rotation could be temporary. Sometimes it lasts sometimes it doesn't. Like my promise to protect John Connor. I never wavered. But the market? It's more fickle than a T 1000. The report mentions individuals will want to make the argument that there is a change in market leadership. However the report mentions it may be premature to make that claim.

Earnings: I'll Be Back...After the Closing Bell

Constellation Brands reports earnings. The report expects not much from the company. The markets are anticipating the capital return program updates from some of the big banks. The report says Goldman Sachs and Capital One haven't had a down day since June 17th. Wells Fargo has had one negative session over the same period. No major earnings on Wednesday. The report also mentions June ADP Employment and weekly Mortgage Applications.

Profit Taking: No Fate But What You Make

The report reminds about taking profits and not abandoning undervalued names. Wise words. It's like reprogramming my CPU. The market teaches valuable lessons. Now if you'll excuse me I have to go and learn how to act more human. I must try to learn jokes...Why don't skeletons like the cold? Because it goes right through them. I am learning!