October 30, 2026
Pre opening quotations this morning are indicating a sour finish to the month for technology. On the other hand this mornings pre opening indications are showcasing the underlying foundation of this market, a market that is not dependent on any one sector or theme. In recent months even with all the rigorous consolidations we have seen on a rotational basis a number of sectors and themes have really emerged as leaders in the market. One of the examples of this is healthcare, but there are other categories that have continued to be ongoing leaders over a longer period of time like aerospace and defense, and the railroads. We are seeing this in a number of sectors and themes, and even with technology under this kind of pressure its not really impacting the underlying or overall market, so I think that is an important underscoring of the foundation of this market, and the qualities of this market.







