Tech stocks are in trouble—despite good earnings, they’re still dropping, and here’s why:

We’ve surpassed the Dot Com bubble peak, when considering M2 Money Supply. And now, Japan’s 2-year yield is spiking. Prime Minister Shigeru Ishiba is probably checking in to ensure the BoJ’s collapse of the Yen carry trade is on track after Feb 21 OpEx. This feels eerily similar to the pre-crash moments of past bubbles. We might be looking at a dangerous correction in the near future.