$470B pumped into US stocks at open today
$QQQ ripped +1.44% as dip buyers stepped in after last week's brutal -4.5% flush. AI fear narrative got bought hard.
But BTIG isn't buying it—says this bounce is fake and gay, correction not done.
Real question: Is this a V-shape recovery or just a dead cat bounce before the real dump?
If you're long tech, watch liquidity closely. One more rug and we're testing lower support.
$QQQ ripped +1.44% as dip buyers stepped in after last week's brutal -4.5% flush. AI fear narrative got bought hard.
But BTIG isn't buying it—says this bounce is fake and gay, correction not done.
Real question: Is this a V-shape recovery or just a dead cat bounce before the real dump?
If you're long tech, watch liquidity closely. One more rug and we're testing lower support.