Market Update – Tech Sell-Off May Be Nearing Short-Term Sellers Capitulation Ahead of Mega Caps Earnings

“Second verse, same as the first”  The selloff in software stocks (triggered by AI disruption fears) has spread aggressively across the tech complex, dragging semis (AMD down -16.1%) and broader growth/momentum stocks trade lower. AMD (daily) – breaking the 50 and 100-day on heavier volume. Software is seeing indiscriminate, capitulation-like selling with the sector down…