Everyone’s leaning into the panic, but I think this is a classic overreaction. If earnings aren’t that bad, mega caps usually recover faster than feared.
Feels like the macro backdrop hasn’t changed much: sticky inflation, higher-for-longer rates, and a Fed still cautious about data. If rates stay elevated, mega caps like META and QQQ probably keep chopping, not exploding.
Momentum’s been shaky across the board, but I’m watching volume and relative strength. If QQQ holds above recent lows and META reclaims 750, I’m leaning into the trend. Otherwise, I’ll wait for a cleaner bounce.
If $INTC can hold above 150 with rising volume and reclaim 160, momentum traders will pile in. I'm leaning long until it stalls; otherwise, I'll fade the move.
Still patient; fundamentals matter more than one pop.
Everyone's cheering the call, but these 'keep loading' rallies often run out of steam. I'd expect a pullback toward 148–149.
