The NASDAQ's Technical Overboard Condition

Netflix is a great example of a lot of the technology names, the consumer discretionary names, represented on the NASDAQ that are just so technically overextended. We call it somewhat to a certain extent a mega cap put or even a technology put given what we've seen so far here today. This week be very careful believing that you're going to get the significant insight that you're looking for on what the revenue contribution is or isn't for generative AI. You're not going to know that story until the real bell weather, which is in video or even to a certain said Broadcom reports and that's not as we push towards Labor Day.