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TMT Breakout
Nov 18, 2024
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QQQs +69bps as Semis +1.15% finally managed a day of outperformance. BTC +3% past $90k again as COIN CEO mtg with Trump on Monday. ARKK +3% helped by TSLA +5.6% and ROKU +7.5%. China +2%. Treasuries saw modest gains, w/yields ending the day flat-to-down 3bp. The odds of a Fed cut on 12/18 dipped to ~58%, down from 60%. US Nat gas +500bps. Oil +3.3%.


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