The second day is telling.
Yesterday we saw the beginnings of the exodus out of old tech into newer tech with the horrendous numbers out of Hewlett-Packard (HPQ). That exodus continued today with what has already been deemed a disappointing IBM (IBM) meeting and will most likely be game on tomorrow because Splunk (SPLK) just reported terrific numbers, and that's precisely the analytic portion that IBM wants to make bigger (don't worry, neither Splunk nor Tableau Software, DATA, the other potential savior, is for sale).
This rotation is so telling. There was a hideout article today about how poorly monetized Google's (GOOGL) YouTube is, and if it weren't for this rotation you can bet the stock would have been hammered.
But this rotation is so powerful it overlooks the "facts" of Google's anemic abilities to monetize even the most prosaic and easy elements to profit from.
Meanwhile, Twitter (TWTR) is implanting a "rein in the trolls" plan that could keep people staying on longer and having to endure less pain.
Overall, the day had its weaknesses, but the rotation could cause the Nazz to keep going on its merry way.
I know it's not tech, but I have to say that Monster (MNST) reported a monster beat; this one might have game.
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