Jensen Reignites Big-Tech Buying-Panic Despite PPI-Explosion, Bad Breadth, & Yield Shocks
Tl;dr: Despite soaring producer prices and choppy oil prices, the appearance of Jensen Huang on AF1, retail traders, and the ongoing gamma squeeze, rescued big-tech stocks after yesterday's dip (but 'real-world' stocks slipped). Yields and the dollar rose (BRL tumbled) along with oil but gold and bitcoin were dumped. Silver surged.
