Comsumer spending did not slow down despite hotter inflation numbers and rate hikes. When

PawsAndProfits
10-01 09:30

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So consumer spending was better than market estimate today, resulting in a continue bullish sentiment in equities. However, it might be a short term catalyst as macro issues such as oil price war, inflated treasury yield prices and countries being inflection inside of collaboration d/t Trump strategy to cause tension and divison. Coupled with the traditional “bearish” period coming up as fund managers rebalance their portfolios, let’s see if indices can continue breaking new high, or fall like a knife.[Spurting]

@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]

QQQ Drops 1%+ — Can Elevated Yields Break the Tech Bull?
The Nasdaq 100 ETF (QQQ) closed down 1.07% Monday, with the S&P 500 and Dow Jones also retreating as elevated Treasury yields remained the primary headwind for growth stocks; investors shrugged off news of Trump easing Iran sanctions. Session rotation was pronounced — high-beta sectors led by semiconductors bore the brunt as funds locked in tech gains. With yields and the AI thesis in direct conflict, is this tech pullback a healthy rotation — or the first crack in a mid-cycle bull market?
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