A new ATH for the $QQQ and $SPY yesterday and this was a nice continuation on from last weeks impressive run, in spite of the hot CPI reading.
Trump appears to be finalising a peace deal with Russia and the Ukraine which will likely bring a further calm to the market, allowing the melt up scenario to play out
A lot will still rest on $NVDA reporting a clean report with a solid guidance, as it is the common denominator amongst the majority of the Mega Caps, I believe they will beat and maintain guidance.
TommyJR
2025-02-19 11:22:34 +0000 UTC