The US stock markets have just reopened and as noted earlier, we have a reversal in the rotation seen yesterday. That had seen the Dow Jones significantly outperform the Nasdaq 100 and the tech sector. Hence, tech stocks got smashed lower. Well, they are rebounding on the opening, where the Dow is heading in the opposite direction. The Dow Jones is falling back below 40,100 on the opening where the Nasdaq 100 is right now rebounding back above 19,900 in early trading. The index is currently trading at 19,915