Aug. 5 at 2:42 PM
Big Tech Rally Faces a New Test
Big tech has delivered a powerful run recently, but some investors are starting to lock in gains.
Senator Shelley Capito reportedly sold up to
$100K worth of stocks as major tech names continued climbing.
Recent moves:
$MSFT +25%
$INTC +16%
$CSCO +4%
Strong earnings, AI momentum, and improving sentiment have pushed many names higher.
The key question now:
Is this just a pause before the next leg higher, or are investors starting to take profits after a major move?
I’m watching valuations, price action, and market momentum closely.