$QQQ surged +3.5% from yesterday’s after-hours lows, retracing half the index’s losses from its All-Time High (ATH) peak to yesterday’s trough. 2
Despite recent volatility, the $SPY index is only ~1% shy of its All-Time Highs (ATH), indicating “relentless buy-the-dip” (BTFD) behavior at the index level. 12
NVIDIA CEO’s comments on rising GPU prices (even for 6-year-old units) and a 7-year timeline to fully gauge AI demand signal an “incredibly bullish” outlook for AI utility layer stocks such as $NBIS, $IREN, and $CIFR. 5
Nvidia CEO Huang’s projection that AI infrastructure build-out will take 7-8 years implies significantly higher capital expenditure for the “Magnificent Seven” (Mag-7) companies. 7
Nvidia ($NVDA) is only in the “3rd inning” of the AI market, suggesting a prolonged growth cycle. This warrants a significant investment in Nvidia. 10
Google’s ($GOOGL) YouTube dominating as the most popular app across all U.S. age groups exemplifies what it means to “own the consumer internet.” 14
An “old school” approach trusts the Dow Jones Industrial Average for market insights. 3
Many participants on the platform reportedly “missed out” on the market drawdown and only initiated long positions yesterday. 6
Despite the significant upswing in $QQQ today, software stocks remain flat, suggesting their bounce might be deferred until next week. 8
$MSTR saw a +34% bounce from yesterday’s $100 after-hours lows, a “decent dead cat bounce” after being decimated. Personally, still wouldn’t touch it. 13
Microsoft ($MSFT) is nearing a good buy entry point, with $380-$390 seen as an opportune range for an initial position. 15