Posts  / QQQ  / #POST-244635
REDDIT

I think the AI bottom is in

Few points:

\- SPY almost at ATH, QQQ curling up on the daily/weekly

\- QQQ MACD just about to cross on the daily

\- QQQ weekly holding 20 EMA, practically wiped off all of last weeks loss so far and on track to wipe out 2 weeks ago loss

\- GOOG, META, ORCL, MSFT, various AI names pumping or making positive week gains

\- Markets practically recovered from Warsh's scare

\- AI infra names like NBIS also having massive green days

\- Drop in oil, Dow hitting record highs

\- ken griffin big balls move about leopard pold

What seems to be seen is how SNDK earnings impact everything, if SNDK goes up everything will follow

Inflation is a choice