Is This the End of Big Tech?

I don't think this is not the end of big tech but I would still call this a dead cat bounce specifically in tech. The semiconductors move 50% through a day and a half ago they're down about five and a half percent intraday from the intraday high just in the morning. From that October 13th CPI low print they went up 50% I mean these are enormous moves and I think you have to take into account what's going on with consumer discretionary as well.