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The executive order signed last week by President Donald Trump imposing sanctions on North Korea used measures on Iran from early in the Obama administration as a model.
Facebook, Tesla, Nvidia and other top techstocks broke key technical levels. But the transportation and energy sectors are rallying along with aerospace/defense, homebuilder and hotel stocks.
Falling tech stocks may hit the overall market soon according to investors like High Tech Strategist's Fred Hickey and historical data points.