Nour Eldeen Al-Hammoury

Gold will correct lower first but then rally to $6000 by the end of this year or beginning of next year, driven by markets pricing a deal rather than the war itself. The correction will be limited and the upside target remains intact.

1. The Fact: Al-Hammoury states, "Tech is still on my watch list... Oracle, for example, we were down over about 40 to 45% from the peak... Microsoft, Nvidia... names would be nice to have at least on my long term portfolio, especially after that dip." 2. The Bridge: Despite geopolitical panic, AI CapEx spending remains robust (~$450B mentioned). The strategist views the war-induced sell-off as a liquidity shock rather than a fundamental break in the AI thesis. The "dip" provides an entry point for structural winners. 3. The Verdict: LONG high-quality tech/AI names. If oil hits $100+, inflation expectations rise, forcing the Fed to hike rates, which crushes long-duration tech assets.

1. The Fact: Al-Hammoury states, "Tech is still on my watch list... Oracle, for example, we were down over about 40 to 45% from the peak... Microsoft, Nvidia... names would be nice to have at least on my long term portfolio, especially after that dip." 2. The Bridge: Despite geopolitical panic, AI CapEx spending remains robust (~$450B mentioned). The strategist views the war-induced sell-off as a liquidity shock rather than a fundamental break in the AI thesis. The "dip" provides an entry point for structural winners. 3. The Verdict: LONG high-quality tech/AI names. If oil hits $100+, inflation expectations rise, forcing the Fed to hike rates, which crushes long-duration tech assets.

1. The Fact: Al-Hammoury states, "Tech is still on my watch list... Oracle, for example, we were down over about 40 to 45% from the peak... Microsoft, Nvidia... names would be nice to have at least on my long term portfolio, especially after that dip." 2. The Bridge: Despite geopolitical panic, AI CapEx spending remains robust (~$450B mentioned). The strategist views the war-induced sell-off as a liquidity shock rather than a fundamental break in the AI thesis. The "dip" provides an entry point for structural winners. 3. The Verdict: LONG high-quality tech/AI names. If oil hits $100+, inflation expectations rise, forcing the Fed to hike rates, which crushes long-duration tech assets.