looks like the market is exactly doing that. Punishing the broader index and spenders of capex while earners of capex are unscathed. $nvda $spy $qqq

degentrading
@degentradingLSD
02-10
to expand on this dispersion theme that i think will be taking hold of the market. The big tech cos expanding heavily into capex is bearish for their multiples - this will drag down broader indices. However that capex/spending is also revenue for the semis x.com/degentradingLS…
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