Jul. 6 at 1:30 PM
Markets are starting to show some real rotation underneath the surface.
$MELI is back above a long-term trendline and holding strength instead of fading into resistance.
$NU continues to confirm the bullish divergence recovery we’ve been tracking for weeks.
$VIST is slipping back into a valuation zone where risk-reward starts to get interesting again, especially vs peers like
$YPF and
$PAM.
On the higher beta side, CRWV TER ABB IREN are all part of the same broader AI + robotics + infra wave, but dispersion is starting to matter more than the theme itself.
Big caps still setting tone:
MSFT bouncing from a historic demand zone with unusual volume, while META pushes the narrative that AI infra spend may start monetizing earlier than expected.
NVDA still trading around ~19x forward earnings, but the market is clearly debating how durable those margins and demand curves really are.
Also watching MU SNDK ADBE into this rotation.
Everything feels like selection over exposure now, not just beta chasing. Curious what names are actually working for you here.
