12 tech observations for Friday morning.
Tech sector exhibits extreme divergence: largest cap stocks near all-time highs while others approach all-time lows. Market polarization signals winners-vs-losers structure; CIO decisions on vendor stack and investment timing must reflect sector bifurcation risk.
ZeroHedge Reads
Alt-Market
AntiWar.com
Bitcoin Magazine
Bombthrower
...the gap between top 10 market caps & EPS contributions has narrowed to smallest spread in years…
How high can we push valuations before something snaps violently?
"What strikes me is how much we overshot to the upside (due to leverage)… and makes me think the same is possible for the…
“The next test is no longer whether AI demand exists, but whether pricing, margins and cash flow can justify the capex bill. If…
Mixed ISM Services PMI; Headline missed but Prices fell & Employment rose; Waller said forward guidance can be a 'valuable tool',…
Correlations to Brent are back at the highs... making for a very hard trading environment where conviction is hard to find...
