Don here...
Gianni just flagged a real tech rout unfolding in today's session. Software stocks plunged over 5% and erased all of their 2025 gains in a single day.
The crypto panic from the weekend is now bleeding into equities. The S&P 500 wiped out all of yesterday's gains. Tech is leading the selloff.
Microsoft is almost filling its April 2025 earnings gap. Another $10 to $15 lower closes the hole completely.
Here's what Gianni covered in tonight's video:
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XLK down nearly 3% with semiconductors falling alongside it.
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Bitcoin wiped out all gains since last year and may find support at $60,000 to $65,000.
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Gianni is sitting at 70% to 95% cash depending on the account.
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Energy stocks like ExxonMobil and CVX are ripping while crude holds the $60 to $62 support zone.
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Apple is bucking the trend and may have already bottomed.
Gianni sees this selloff as the setup for the best buying opportunity of 2026. A 5% to 8% correction that washes out the longs. Then he plans to get aggressive on the long side.
The trend is still up. The fundamentals haven't changed. This is a cyclical reset.
Click here to watch Gianni break down the levels and where he's looking to buy
Don Kaufman
Chief Market Strategist, TheoTRADE
P.S. Selloffs like this separate traders who react from traders who see it coming.
Thursday at 7PM ET, Blake is revealing Deep Sonar, the method he uses to detect pressure building beneath the surface before moves become obvious. It's how he captured $3,300+ on TSM and $3,900+ on PLTR.
One night only.
👉 Save your spot here
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