Brian Stewart

There was already a general moving away from tech into more defensive. People were hedging their bets a little bit on tech. And so I think this has only exacerbated this. As we discussed during the sell-off that happened earlier this year, if you're bullish long-term, bullish generally, the best case scenario is that it falls quickly and finds a bottom quickly and then starts to recover.

So in a certain sense, if you want to take sort of a reversely positive look at a day when The NASDAQ at its lowest point was down more than 5%. You can say we washed out all the concerns and now we can have a better base to build on. So if you're a tech bull, this is a great chance to get tech companies at a reduced price.

So in a certain sense, if you want to take sort of a reversely positive look at a day when The NASDAQ at its lowest point was down more than 5%. You can say we washed out all the concerns and now we can have a better base to build on. So if you're a tech bull, this is a great chance to get tech companies at a reduced price.

So in a certain sense, if you want to take sort of a reversely positive look at a day when The NASDAQ at its lowest point was down more than 5%. You can say we washed out all the concerns and now we can have a better base to build on. So if you're a tech bull, this is a great chance to get tech companies at a reduced price.

If you're convinced that we're headed straight into an economic brick wall, then this is just the beginning.

If you're convinced that we're headed straight into an economic brick wall, then this is just the beginning.

If you're convinced that we're headed straight into an economic brick wall, then this is just the beginning.

So next week, we start to get the earnings season started.

So next week, we start to get the earnings season started.

So next week, we start to get the earnings season started.

churning next week is financial focus there's not a lot of tech companies on the docket but in the weeks following so as we get into the tail end of april we should start to get more tech companies reporting commentary from those tech companies is probably going to be pretty cloudy i think a lot of them are going to have to suspend guidance or sort of generalize their guidance in a way that that makes it difficult to get visibility just because they're all gonna be scrambling

churning next week is financial focus there's not a lot of tech companies on the docket but in the weeks following so as we get into the tail end of april we should start to get more tech companies reporting commentary from those tech companies is probably going to be pretty cloudy i think a lot of them are going to have to suspend guidance or sort of generalize their guidance in a way that that makes it difficult to get visibility just because they're all gonna be scrambling

churning next week is financial focus there's not a lot of tech companies on the docket but in the weeks following so as we get into the tail end of april we should start to get more tech companies reporting commentary from those tech companies is probably going to be pretty cloudy i think a lot of them are going to have to suspend guidance or sort of generalize their guidance in a way that that makes it difficult to get visibility just because they're all gonna be scrambling

to figure out the tariff situation. But within those earnings reports and the commentary that the management is going to provide, there should be kind of line items about underlying AI demand.

to figure out the tariff situation. But within those earnings reports and the commentary that the management is going to provide, there should be kind of line items about underlying AI demand.

to figure out the tariff situation. But within those earnings reports and the commentary that the management is going to provide, there should be kind of line items about underlying AI demand.

And so I think investors should look at that for longer term investment planning, looking for those nuggets of information that are going to come out of these earnings reports about the underlying demand for infrastructure build-out.

And so I think investors should look at that for longer term investment planning, looking for those nuggets of information that are going to come out of these earnings reports about the underlying demand for infrastructure build-out.

And so I think investors should look at that for longer term investment planning, looking for those nuggets of information that are going to come out of these earnings reports about the underlying demand for infrastructure build-out.

I feel that the market's going to be very macro focused for a while. So I think individual companies, there might be large positive surprises or large negative surprises. However, in general, I don't know if that's going to provide a catalyst to move the overall market because I think we'll be so obsessed. with political machinations that are going to surround the tariff announcements.