Previous Specialists and current Market Makers are well versed on how to move Microsoft to optimize profits for their personal and corporate accounts. Microsoft and other tech companies, such as NVIDIA and Micron continue to provide the same play book through each cycle. This includes 2000, 2008 and 2026. This is why you see similar chart structures in each case. Microsoft is currently in the phase where Market Makers distribute as much stock as possible to hedge funds, pension funds, etc. before moving prices lower in 2026 and/or 2027. There will be an endless number of excuses as tech stocks start to move lower. It has been observed that extremely large blocks are making their way into other Dow stocks. This would provide a mechanism to move prices higher in other sectors while tech stocks decline. The same trick they used in 2000.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
