Core Insights - The stock market is experiencing a potential rotation as investors express concerns over high valuations, particularly in the large-cap tech sector, amidst a possibly unstable macroeconomic environment [1] Group 1: Market Trends - Investors are becoming jittery about high valuations in the large-cap tech space [1] - There is a suggestion of a major rotation occurring in the stock market as it steps back from all-time highs [1] Group 2: Analyst Background - Gary Alexander has extensive experience covering technology companies on Wall Street and has worked in Silicon Valley, providing insights into current industry themes [1] - He has been a contributor on Seeking Alpha since 2017 and has been quoted in various web publications [1]

Group 1 - The article emphasizes that despite the White House's willingness to de-escalate trade conflicts with China, investors should remain cautious due to heightened market volatility and high valuations [1] - Gary Alexander, with extensive experience in technology and startups, provides insights into current industry themes and has been a contributor to Seeking Alpha since 2017 [1]