Equities saw a giant turnaround last week and euphoric moods dominate on Monday again. Even though Biden win in the US was originally seen as detrimental for tech stocks, US100 has been the biggest winner as investors hope that Republican Senate would block any (higher) tax initiatives. More than anything, this rally once again reflects investors dilemma: what alternatives to equities are there in the World of 0% rates?
Technically, a sharp rebound after the “abc” correction is a good omen for this rally.
Daily Summary: Buyers Refuse to Give In
US OPEN: The wave of AI concerns is building again, oil returns near highs
Chart of the Day: US100 (Nasdaq 100). Rebound in AI trade vs. weakening technical picture
πMorning Brefieng: AI sector rebound collides with still-expensive oil (20.10.2026)