Market update:
Monday was a tech-led repair day, not yet a confirmed reversal. The Nasdaq gained over 1%, snapping a five-day losing streak, led by memory chips and semiconductors as beaten-down growth bounced. But major indexes faded from intraday highs, suggesting selling into strength and more sideways volatility ahead. This remains a difficult buy-the-dip, sell-the-rally market where both longs and shorts can get caught on the wrong side. The VIX slipped below 19, but the 10-year yield moved back above 5.1%, keeping pressure on risk assets. The real test begins this week with major earnings, including Netflix, Tesla and Meta, alongside more than 70 S&P 500 companies reporting. Last week’s question was whether AI capex can justify its cost; this week’s earnings may provide the answer. Stay disciplined, manage risk, and don’t mistake an oversold bounce for a confirmed trend reversal.
$AMZN $TSLA $GOOG $NOW $MSFT $NVDA $AAPL $COST
this are still holding well, most of the AI plays are still need to show the strength.
Will do update in morning