"Tech Stocks' Momentum, Nasdaq 100 Breakout, and Key Earnings to Watch: Market Insights"
TL;DR Summary
Despite recent record highs, signs indicate that the momentum driving technology stocks is fading, with unprofitable tech companies starting to decline, valuations looking stretched, and options traders showing signs of greed. While the sector remains in an uptrend, a modest pullback is expected, prompting investors to consider buying downside protection for their portfolios.
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