Tuesday marked another record-high close for the S&P 500 (^GSPC). The tech sector continues to dominate with gains for many of the Magnificent Seven and for others like Netflix (NFLX). BloxCross Global Head of Markets & Strategy Keith Bliss joins Yahoo Finance to discuss the latest market trends and how the tech sector will continue to carry this current rally across markets, but investors need to keep in mind that there is a "need to broaden out the rally if we want to make it sustainable."  "The only one I really would point to again, in the very near-term is IBM (IBM)... 75% of their revenue comes from software and consulting, and one of the big drivers that there looking at... is around consulting companies on their AI implementation," Bliss says on rally risks. "They got a boost in the market yesterday because Taiwan Semiconductor (TSM) has come out and said that their earnings expect to have a 20% year-on-year growth, and a lot of that is around providing AI components that go into the chips of Nvidia (NVDA). I'm really curious to see what IBM says in the short-term about that, and that will underscore my thesis earlier that the AI trade in the cybersecurity trade is still on." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

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