We're going to continue to see SELL PRESSURE because of Iran conflict, expert says

• Geopolitical uncertainty in the Middle East and rising bond yields are driving sell-offs in tech.
• Semiconductor and data center stocks are being 'pummeled', with some down 5-13% today.
• The VIX (volatility index) is unusually low given the current market uncertainty, suggesting underlying tension.
• Potential escalation in the China/Taiwan conflict could lead to further supply chain issues for semiconductors.

The expert discusses the significant sell-off in the tech sector, particularly semiconductors and data centers, attributing it to geopolitical uncertainty in the Middle East and rising bond yields. He notes that investors are seeking safe havens and pulling money from high-growth tech areas, with potential future supply chain issues from the China/Taiwan conflict adding to concerns. The market is experiencing unusual correlations and volatility.