ABOUT THIS EPISODE
$QQQ $SPY $IWM — A modest market pullback was led by tech names as the Nasdaq-100 (QQQ) underperformed. The S&P 500 (SPY) finished essentially flat, while small caps (IWM) slipped amid rotation into defensives and mixed earnings takeaways.
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$BTC — Visa hit a fresh record as China ramps up fiscal stimulus — but an AI-related $5B IPO was scrapped and regulatory/talent probes dent the sector. Multiple class-action notices and active trading in crypto and small caps add event risk across portfolios.
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