Jake Dollarhide discusses the market rotation out of tech and AI as investors move toward health care and consumer staples. He argues the AI trade still has room to run but says rising CapEx and recent earnings from Intel (INTC), Alphabet (GOOGL) and Amazon (AMZN) are fueling investor concerns. He also highlights strength in energy, pressure on consumers and names including Walt Disney (DIS), Netflix (NFLX), Keurig Dr Pepper (KDP) and McDonald’s (MCD), while weighing interest rates and the market outlook following the midterm elections.