What SVB Bankruptcy Filing Means For Tech

The good news is that the biggest U.S. banks are much stronger than they were leading up to 2008, says Phil Blancato. He and David Barse discuss the fall of SVB as SVB Financial (SIVB) filed for chapter 11 bankruptcy. They talk about the takeaways from this month's market volatility. They then go over the fallout from weakness in regional bank stocks. David highlights how the "XOUT" strategy works in a turbulent market. Finally, they note what the SVB bankruptcy means for the tech sector. Tune in to find out more about the stock market today.