Big Tech Is Defying Gravity

Why Big Tech Names Are Defying Market Gravity
By Blake Young

Remember that old line about how the markets “can remain irrational longer than you can remain solvent?” Well, here we are, and while savvy traders like us don’t have to worry about staying in the green, the market still feels like a puzzle where none of the pieces fit quite right.

Economic signals are flashing recession: weak JOLTS, negative ADP numbers, rising unemployment claims, tariffs, lousy consumer sentiment. I could go on, but I don’t actually want to depress you.

Suffice to say it’s rough out there.

Yet tech refuses to play along, that is, to roll over and die. Instead, we're seeing breakouts. Microsoft (MSFT), after stellar earnings, is teasing another leg higher after a pullback to the $406 to $407 range. Meanwhile, Marvell (MRVL) and Micron (MU) are quietly staging basing patterns, hinting at directional swings with strong upside potential. Nvidia (NVDA) hasn’t triggered yet, but it’s on deck.

This divergence, where negative data meets bullish price action, demands tactical thinking. Defensive plays like bonds will come in handy - we’ll get to that - but right now it’s all about leaning into this unexpected tech strength.

Let’s break down where and how these opportunities are lining up right now…

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