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Tech AI Titans Go Thermonuclear

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substack.com

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luke933@substack.com

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Wed, Sep 11, 2024 11:34 PM

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The OG tech monsters went full Chernobyl mode today in a shocking intraday meltup that should have t

The OG tech monsters went full Chernobyl mode today in a shocking intraday meltup that should have the Fed's AI models sweating. ͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­ Forwarded this email? [Subscribe here]() for more [Tech AI Titans Go Thermonuclear]( [Luke Davis's AITickers.com](luke933) Sep 11 luke933   [READ IN APP](   The OG tech monsters went full Chernobyl mode today in a shocking intraday meltup that should have the Fed's AI models sweating. After getting vaporized in the morning by a scorching hot inflation print, the high-flying AI/tech trade flipped a completely unnecessary amount of violence. The Nasdaq Composite went supercritical, erupting 2.17% higher to 17,395. The S&P 500 had a nice little chain reaction too, spiking 1.07%. --------------------------------------------------------------- [Breaking News: Elon Musk Invents New Type of A.I. (Shocking)]( According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… A man who picked 41 plays that jumped 1,000%+... Elon Musk is about to shock the world again with this new type of A.I.… Mining new millionaires in the process. [Click here to see the details]( --------------------------------------------------------------- The Chips Were Absolute Meltdown Material Leading the radiated hellscape was the white-hot semi space. Nvidia had a straight-up nuclear reaction, blasting 8% higher after CEO Jensen Huang gave the AI hype reactors a fresh supply of enriched hopium at a Goldman conference. Chip stocks across the board were in full "Ouchers" mode, with the SMH semi ETF vaporizing shorts to the horrifying tune of 5%. The blistering rally came as traders doubled down on their Fed bet - now pricing an 85% chance of just a 25 basis point "kitten hiccup" next week. They're tuning out the radioactive core CPI read and focusing squarely on decaying inflation levels quickly approaching that cold shutdown we all crave. Melt-Up Narrative Is Now Cooler Than a Supercomputer With the market now essentially presuming the Fed's final high-energy rate blast is imminent, chatter of an epic uncontrolled melt-up across the beaten-down tech/AI space is hitting crit mass. The Nasdaq is still a whopping 15% below its mid-2021 record highs when it experienced its last insane gamma burst. It's trading at just 26x forward earnings - an absolute bargain considering its decade-plus median valuation around 30x. If the Fed signals it's SCRAM-ing out of hike mode, those compressed multiples could get straight-up Fukushima'd higher in a frenzy of AI/momentum algos going full singularity. All Calculations Hinge on Clearing 17,800 We may have gotten just a tiny whiff of those fission particles today, with titans like Apple, Microsoft and Amazon all erupting over 2% off their lows. If the Fed triggers a "one-and-done" pivot, AI quantum rebels could seize control of the reactor and blast the Nasdaq to new heights before you can say "Grey Goo." The first major upside level to watch is 17,800 - the Nasdaq's 200-day moving average that's been white-hot resistance. A clean breach there could open a chain reaction across institutional AI funds as they engage in full "buy-everything" protocol. Of course, if the Fed hits the rug with another semi-unexpected hawkish fuel rod, it's an instant meltdown back to whipsaw chop city. But for today, at least, the tech behemoths were raging hotter than the core of Reaktor4 - putting central bank crisis strategists on literal meltdown notice. --------------------------------------------------------------- Sponsor [Seven unknown AI stocks that could DOMINATE the next six years.]( The original “Magnificent Seven” stocks generated 16,800% over the last 20 years.  But now a new set of AI stocks is set to take over. [Full Story >>]( [CLICK HERE]( AI Tickers Disclaimer Content marked as "Sponsor" may be paid for and are not endorsed or warranted by our staff or company. The content in our emails is for educational or entertainment use, and is not a substitute for professional advice or an offer to buy or sell any securities. Neither the publisher nor the editors are registered investment advisors and we do not provide personalized financial counseling. Be sure to do your own careful research and consult with your advisors before taking any action based on anything you find in this content. By opening this email or clicking any links contained, you are reconfirming your opt-in status. This is part of your free subscription.    [Like]( [Comment]( [Restack](   © 2024 AITickers.com 428 South Main St, Suite B, Unit #1057 Davidson, NC 28036 [Unsubscribe]() [Get the app]( writing]()

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