TMTB Mid-afternoon update

Mid-afternoon update today as I’m headed out early before the close. QQQs are up 1.6% shaking off geo-political fears as NFP came in stronger than expected but wages just in line. One interesting corollary I have me eye on with the market is early Oct when Israel/Hamas tensions starting flaring, the market initially rallied 5% before falling further before bottoming late Oct. But right now, large cap charts look great - META, AMZN, NOW, MSFT, NFLX. NVDA and AMD bouncing at impt levels today. Profitable secular growth/Megacap/and AI related names led the way today….Let’s get to it…(prices as of 1:30pm)

In internet, large cap leading the way: AMZN +3% on the back of Mizuho’s AWS note calling less optimizations and signs of accelerating sales cycle growth as they think AWS can grow 20% this year. Getting very close to ATHs and would be one of the last secular large caps to do so. NFLX +3% on the back of Pivotal’s note raising PT to street high - we likely get a positive 3p preview f…