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<p>Will Nasdaq rebound toward 30,000? Here’s our trade of the week. 🔍

Nasdaq lagged last week as chip stocks slid, pushing its ratio to the S&P 500 to two standard deviations.

This stretch and a VIX below 20 bring us to our trade: going long USTEC, targeting 30,000. The catalyst is Big Tech earnings: Microsoft and Alphabet today, Amazon and Intel tomorrow. 

While strong AI and cloud guidance could fuel a rebound, a tougher Fed tone could lift yields and weigh on tech.

Will Nasdaq hit 30,000?</p>

Will Nasdaq rebound toward 30,000? Here’s our trade of the week. 🔍
Nasdaq lagged last week as chip stocks slid, pushing its ratio to the S&P 500 to two standard deviations.
This stretch and a VIX below 20 bring us to our trade: going long USTEC, targeting 30,000. The catalyst is Big Tech earnings: Microsoft and Alphabet today, Amazon and Intel tomorrow. 
While strong AI and cloud guidance could fuel a rebound, a tougher Fed tone could lift yields and weigh on tech.
Will Nasdaq hit 30,000?

Will Nasdaq rebound toward 30,000? Here’s our trade of the week. 🔍 Nasdaq lagged last week as chip stocks slid, pushing its ratio to the S&P 500 to two standard deviations. This stretch and a VIX below 20 bring us to our trade: going long USTEC, targeting 30,000. The catalyst is Big Tech earnings: Microsoft and Alphabet today, Amazon and Intel tomorrow. While strong AI and cloud guidance could fuel a rebound, a tougher Fed tone could lift yields and weigh on tech. Will Nasdaq hit 30,000?

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