The analysis covers the stock market with the S&P 500, NASDAQ, and particular emphasis on megacap tech firms after a trading day selloff due to China tariff tensions. The speaker notes the market's fall driven by the new tariff hikes on China imports. Technical charts reveal S&P 500’s potential support at 6500, next 6350, plus a VIX at 21.65 and that the market index is neutral. Additionally, targets and bounds were inferred with NVDA potentially testing 173(support), AMZN testing 211, TSLA testing 401, AAPL testing 240, GOOG testing 225 and MSFT testing 506. The VIX percentile lies within a normal range with overbought indicators signaling more to do during the session. Further, there seems to be continued slides with technology and energy sectors. The VIX is aggressively active with cash on hand being a necessity.