Kinnikt
06-08

I’m not running for the exit. I’m treating this as a watchlist moment, not an all-in moment. The AI trade was crowded, rates just got repriced higher, and expectations for semis were stretched. That combination can wipe out a trillion dollars fast. But the long-term AI infrastructure buildout has not disappeared in one session. I’d rather scale in slowly, focus on quality chip leaders, and let the market prove support before adding aggressively. Panic creates opportunity, but only if you keep dry powder.

CPI Rises to 3.7% — Will the Tech Selloff Deepen?
QQQ fell 1.97% and the S&P 500 dropped 1.11% after September CPI rose 3.7% year over year, above expectations. Higher-rate fears and AI-sector deleveraging hit QQQ particularly hard due to its tech-heavy composition and lack of bank exposure. Bulls see resilient earnings as a cushion, while bears warn that persistent inflation threatens rate cuts and tech valuations. Should investors hold QQQ, rotate into value sectors, or reduce exposure?
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