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06-20 07:24

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Reversal After Hawkish Fed Selloff! Resilience or a Fake Bounce?
The Nasdaq QQQ rebounded 2.51%, recouping yesterday's hawkish Fed-driven losses, as chip stocks staged a sharp counterattack — leveraged ETF SOXL spiked 19.43%. The rally was driven by stock-specific catalysts — Apple's memory price warning and Trump's Intel endorsement — not a macro shift, as hawkish Fed Governor Warsh's tightening stance remains unchanged. One day selling tech, the next day rushing into chips — is this rally genuine resilience, or another theme-driven fake bounce?
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