It's time to get defensive with your portfolios, says Eddie Ghabour, with his firm turning underweight on tech and growing its investments in gold. He adds that a "lose-lose" scenario with the FOMC's stance on rate cuts, paired with heightening tensions in the U.S.-Iran War, will lead to a 10% correction in the S&P 500. Eddie says "I hope I'm wrong on tech," though a deceleration in earnings growth backs his underweight thesis. That said, he sees buying opportunities ahead for these stocks.