Tech Facing 'Make or Break' Earnings Season, Wedbush's Ives Says

The video discusses the current state of the tech market, emphasizing its continued leadership in the equity market despite a rotation into value. It highlights the importance of the upcoming earnings season for tech companies and the entire index, noting a recent trend of downward revision momentum. The discussion includes the impact of this momentum on major companies like Facebook and Netflix, and the need for upward revision to drive future growth.

What is the primary reason tech is expected to lead the bull market?

• Tech has the highest stock prices.

• Tech is the oldest sector in the market.

• Tech is central to both consumer and enterprise growth.

• Tech companies have the most employees.

What is the significance of the upcoming earnings season for tech?

• It will only affect small tech companies.

• It will have no impact on the market.

• It will lead to a decrease in tech stock prices.

• It will determine the future of tech leadership in the market.

Which companies are mentioned as experiencing downward revision momentum?

• Apple and Google

• Facebook and Netflix

• Microsoft and Amazon

• Tesla and IBM

What is needed to drive the next leg higher in the market?

• Higher interest rates

• More government regulations

• Upward revision momentum

• Increased stock buybacks

What could happen if the market does not receive earnings support?

• The market will crash immediately.

• The market will experience rapid growth.

• The market will become more volatile.

• The market could stagnate.