Aug 24, 2026 · 25 min
Tech weakness tests market risk as select stocks break out
The Tale Of Two Markets Continues; Brinker, Cinemark, Expedia In Focus
The episode shows how investors are balancing failed technology breakouts against strength in restaurants, movie theaters, and leisure travel.
- 1Failed breakouts and semiconductor weakness are raising the bar for new technology positions.
- 2Brinker, Cinemark, and Expedia show how relative strength can create selective swing-trade opportunities.
- 3NVIDIA and CrowdStrike earnings could reshape positioning across technology and related companies.
Don't miss
Justin Nielsen contrasts reduced technology exposure with continued monitoring of NVIDIA and CrowdStrike earnings for broader market signals.
The brief
Alissa Coram and Justin Nielsen frame the session as a tale of two markets: technology is weakening, while restaurants, movie theaters, and travel show relative strength.
Justin Nielsen argues that failed breakouts and semiconductor weakness demand tighter risk management, even as the Nasdaq tests important moving averages and follow-through levels.
Brinker International, Cinemark, and Expedia each offer a different version of selective strength, with potential swing-trade entries rather than automatic conventional positions.
The discussion turns to NVIDIA and CrowdStrike earnings, which could provide signals not only for technology stocks but also for suppliers, vendors, and related companies.
What was said on this episode
16 statements · 11 positive · 3 negative · 2 neutral
Heavy technology exposure is currently unfavorable.
“it's definitely not a time to be in tech right now, at least heavy there”
Listen at 1:34
Some nontechnology market areas show strength and resilience.
“there are these areas of strength and resilience that we're seeing”
Listen at 3:23
Justin is shifting focus away from technology toward other sectors.
“I'm focused a lot more away from tech, a lot more into other areas”
Listen at 4:01
Justin will wait for a market bounce before acting.
“I'm going to wait for the bounce to happen and then act accordingly.”
Listen at 8:20
Investors should remain cautious rather than overly aggressive.
“there's reason to be cautious, not necessarily overly aggressive”
Listen at 10:07
Consumer spending remains resilient despite economic concerns.
“the consumer, you know, still seems to be alive and well”
Listen at 11:40
Restaurant stocks have recently produced successful breakouts.
“This is an area where breakouts have been working.”
Listen at 11:58
Brinker can be entered as a small swing trade seeking a short-term rise.
“you can enter these for a very small, hey, I'm just going to kind of get the pop.”
Listen at 13:46
Cinemark is benefiting from continued consumer movie attendance.
“Cinemark, yeah, folks are going to the movies.”
Listen at 15:16
Cinemark offers a setup where downside risk can be limited.
“this is something where you can really limit your risk”
Listen at 16:54
Historical support and resistance areas often recur in markets.
“those same areas get hit over and over again”
Listen at 18:12
Leisure travel booking has been among the strongest-performing groups recently.
“this, for the last few weeks, keeps on coming up as one of the strongest performing groups.”
Listen at 20:01
Expedia has a composite rating of 99.
“Expedia has one of the best composite ratings, you know, that you can have at 99.”
Listen at 20:40
Expedia may offer a potential swing-trade opportunity.
“another potential swing trade here”
Listen at 21:28
Justin cuts trades that fail to follow through quickly.
“If it's not, you know, jumping, following up on the move that I thought would have started a nice move, then I'm not going to wait around and see what happens.”
Listen at 22:16
CrowdStrike is among the better-looking cybersecurity stocks.
“CrowdStrike, I think, is one of the better looking in the cybersecurity.”
Listen at 23:35
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
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