Tech Rout Continues
risk-off 5 November 2026On 5 November 2026, "Tech Rout Continues" was one of 5 themes driving markets, marked shifting, naming TQQQ, SQQQ, TSLA, FSLY. Of those, Tesla moved most that day, −10.77% close to close.
The Nasdaq is under heavy pressure, with leveraged ETFs showing extreme moves. Traders are fleeing growth stocks in favor of short-side exposure.
Archived at the close on 5 November 2026.
The markets it named, that day and since
Close to close, from Kinzan's daily record
| Market | That day | Since |
|---|---|---|
| TQQQnot tracked | — | — |
| SQQQnot tracked | — | — |
| Tesla TSLA | −10.77% | +4.23% |
| FSLYnot tracked | — | — |
The market remains in a state of extreme fear as the VIX surges 70% and tech heavyweights like NVDA and AMD are pinned at their daily lows.
56 of the 175 instruments on the board closed the 24 hours higher and 112 lower; the risk dial read 0 of 100 (risk-off).
Other themes that day
- Volatility ExplosionAccelerating
- Semiconductor Sector CollapseElevated
- Crypto Liquidation WaveActive
- Anomalous Stock MovesEmerging