New Bear Market? Heavy Tech SelloffS&P 500SP:SPXTrading-CapitalToday the markets were shattered by weakness in mega cap tech. All major leading companies in the QQQ were severely down. We saw the majority of the S&P 500 sectors green with health care leading the charge. Despite all indices closing negative this was not a full fledge market sell. Commodities were hit across the board. Gold, Nat gas, Oil, Uranium, Silver were all down. It seems the market is de risking into J Powell Jackson Hole meeting on Thursday / Friday. Today we closed out MSFT PLTR short & trimmed MSOS puts for over 105% We were very active on the option and swing trading side of the market.