The David Lin Report · Monday, August 10, 2026
Kevin Steuer observed that the current market rally in tech stocks might be broadening across different sectors. He specifically noted that while some of the 'Meg seven' stocks are still showing strength, others like Netflix are showing signs of forming a bottom.
“So I'm still long SPY. I'm still long the general market.”
“But we could see with setups like this, this is what I like to see for more of a broadening, um, sector rally.”
“Netflix is looking like it's trying to form a bottom, but I think there's definitely some opportunities here.”