TMTB EOD Wrap

What a day! QQQs +2.5% as investors got excited about new rate cut cycle and what it means for equities. This chart from GS says it all:

Lots of green across the board as semis outperformed +4.5%. Some standouts: META +4.5% to new ATHs; AMD +6% finally getting its groove back; NVDA +4%; TSLA +7%; AAPL +4%. BTC +5% / China +4% as yields mixed (2 yr down…