Two Traders Go Head to Head on Whether Tech Can Survive Higher Rates

A real head-to-head debate on Back to the Futures: can tech keep running if rates stay high? After a weak jobs report, only about 29,000 jobs against 90,000 expected, with big downward revisions, the two hosts split hard. One reads the market's rally as proof the AI and tech trade is untouchable, pointing to Micron's blowout margins and a book three-quarters full for next year. The other argues the strength is for the wrong reasons: rates are no longer a hike-or-cut story, they are a growth and consumer story, and that squeeze eventually overwhelms everything. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 The same reaction across the board 00:31 Where oil bottoms in the day 01:25 The Russell has been ignoring tech 01:54 A growth story, not a rate story 02:51 Is the rate-hike repricing rational 04:06 The awful jobs report breakdown 06:46 The central dichotomy, can tech hold 07:24 Micron's margins vs the consumer 08:29 SPX excluding tech looks like the Russell 09:56 Focus on the consumer if you're short 11:02 Growth risk or just a repeat of 2025 #tastylive #backtothefutures #ratesvstech #jobsreport #russell2000 #techstocks #risingrates #macro #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.