$IREN $APLD $CIFR $NVDA $MU $SPY $IWM 𝗧𝗲𝗰𝗵 𝗶𝘀 𝘁𝗵𝗲 𝗼𝗻𝗹𝘆 𝗴𝗿𝗲𝗲𝗻 𝘀𝗲𝗰𝘁𝗼𝗿 𝗶𝗻 𝘁𝗵𝗲 𝗦&𝗣 500 𝗿𝗶𝗴𝗵𝘁 𝗻𝗼𝘄. This morning, 11 minutes after the open, the median tech stock was up 1.2%. Now it's up almost 2%, and the rest of the board has gone red. Utilities tell you where the money came from. Not one of the 31 in the S&P 500 is up. Small caps are in too. In the Russell 2000, 185 tech names are up against 33 down. This isn't a broad rally. It's money leaving the safe corners and going back into the AI trade that got sold last week. We bottomed.