Bulls really think its all ok again just because Mango announced another announcement last night right when futes were dropping off a cliff to make the market pause again. Then they think its all ok again this morning because they brought it back to 0.00% for this announcement at 1pm. After announcement? -100% on QQQ. GG bulls
Fun thing about this tech pullback is that the entire market doesn't have to crash at once anymore because we have free infinite liquidity promised by QE, so gold can finally fucking decouple from QQQ and I can make fat stacks on days when the AI retards get punished
Dow is not proportional to market cap. A few big names dominate SPY and QQQ, so the indexes tend to track those big positions even if the smaller index components move in the opposite direction.