$SPY / $QQQ / $QQQE / $RSP: no confirmed short-term top yet. The setup is being watched for “temp top sticks,” but the signal has not printed. Bias stays tactical, not bearish-confirmed. 1
🧠 Earnings Quality & Bubble Narrative
The “dot-com bubble” comparison looks weak if this quarter’s earnings are the benchmark. Current earnings strength does not fit the classic no-profit/speculation-only bubble script. 2
💻 Enterprise Tech / AI Infrastructure
#DELL: the earnings read-through is strong. The setup is being framed as an old mega-cap starting to trade like a “best new rookie,” implying renewed growth credibility and possible multiple re-rating. 3
🚀 Momentum Trades
$RDDT: momentum remains explosive after back-to-back strong sessions, ripping from $140 back near $170 almost instantly. This is a fast tape, not a slow grind. 4