u/Dismal-Access7599 ·
Reddit — r/wallstreetbets
· August 03, 2026 at 20:53
· ⬆ 34 pts
· 💬 141 comments
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Few points:
\- SPY almost at ATH, QQQ curling up on the daily/weekly
\- QQQ MACD just about to cross on the daily
\- QQQ weekly holding 20 EMA, practically wiped off all of last weeks loss so far and on track to wipe out 2 weeks ago loss
\- GOOG, META, ORCL, MSFT, various AI names pumping or making positive week gains
\- Markets practically recovered from Warsh's scare
\- AI infra names like NBIS also having massive green days
\- Drop in oil, Dow hitting record highs
\- ken griffin big balls move about leopard pold
What seems to be seen is how SNDK earnings impact everything, if SNDK goes up everything will follow
Inflation is a choice