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TMT Breakout
Nov 17, 2023
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QQQs finished flat on a pretty quiet opex expiration day (“never short a dull market” comes to mind…). Treasuries were slightly up while crude rebounded 4%. ARKK outperformed up 3.5% and SOX finished up 66bps. Large cap lagged while highly shorted stocks outperformed up 2%+

Big news out near the close was Sam Altman getting fired from OpenAI:

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