$Invesco QQQ Trust(QQQ.US)$Invesco Nasdaq 100 ETF(QQQM.US)QQQ printed a massive bearish weekly candle, reinforcing the idea that a deeper correction in AI hardware may finally be underway. Rising oil prices are adding another layer of pressure, while Treasury yields have started falling ahead of the broader selloff.
That combination is worrying. The market may be starting to price in a stagflation scenario, where an AI investment bust hits growth just as higher energy costs keep inflation elevated. Falling yields aren’t necessarily bullish if they reflect growing fears about the economic outlook.
This week feels especially important. The key question is whether QQQ can stabilize after the breakdown or whether the selling pressure will spread further across the market.
@Captain's Treasure
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