IBM is mentioned as one of the big tech stocks that are dragging the indices down, indicating it's part of the sector rotation out of large-cap tech.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / SNDK / HOOD / IBM
Jul 16, 2026
The creator analyzes market indices and tech stocks using technical analysis, noting that while SPY maintains bullish bias, QQQ is losing momentum and showing signs of a bearish correction. Money is rotating out of large tech stocks into smaller, defensive companies. The creator emphasizes waiting for clear breakouts or breakdowns in SPY before implementing strategies.
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Robinhood is mentioned as one of the big tech stocks that are dragging the indices down, indicating it's part of the sector rotation out of large-cap tech.
SanDisk is mentioned as one of the big tech stocks that are dragging the indices down, indicating it's part of the sector rotation out of large-cap tech.
Palantir is mentioned as one of the big tech stocks that are dragging the indices down, indicating it's part of the sector rotation out of large-cap tech.
AMD is mentioned as one of the big tech stocks that are dragging the indices down, indicating it's part of the sector rotation out of large-cap tech.
Tesla is listed as one of the major tech stocks that are dragging the indices down, suggesting it's affected by the sector rotation.
Nvidia is mentioned as one of the big tech stocks dragging the indices down, indicating it's part of the sector rotation out of large-cap tech.
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