The Broadening Out of the Market

Bono: Softness in software, softness in semis, but good price action and energy. Overall, are you constructive here? Bono: Well, I think it's always constructive when you see broadening out of leadership. But then you see the rollover in Big Cap tech. Yes, but I mean. And then the softness in the sectors. It could be much, much worse, right? He says if Nvidia can't guide up meaningfully on August 23rd, "it's lights out for the semis" Yodel thinks data dog is better than devil dog.