Goldman Top Tech Trader: Lots Of Confusion Out There

Tech traders are starting to get a bit nervous: as Goldman's TMT specialist Peter Callahan writes in his morning note, the S&P is on a 5-day losing streak with the bank's TMT MegaCap basket (GSTMTMEG) down >1% on back-to-back days for the 1x since Liberation Day, and on pace for a 5 day drop.