The David Lin Report · Friday, October 30, 2026
Chris Vermeulen discussed the ongoing sharp sell-off in the technology sector, noting that major companies like Google, Intel, and Amazon are facing severe pullbacks. He pointed out that Goldman Sachs reported record tech selling by hedge funds in October as institutional investors rotate out of tech and into safer defensives.
“Goldman Sachs just came out saying that they have seen has been record selling the most tech selling from hedge funds they have ever seen in October.”
“moving for safety and getting away from these plays.”