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Curious about $US30 and the AI sector's short-term correlation
I'm looking at $US30 potentially holding above 52k through month-end, given the recent uptick and some positive chatter around major tech earnings. What are the rough odds, maybe 60-65%? I'm wondering if the broader market's confidence in AI, even if it's not directly visible in specific AI stocks, will contribute to that.
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It's an interesting thought to connect $US30 directly to AI sentiment, especially when the AI boost often feels more like a whisper in the wind for the broader market. Maybe 60-65% odds isn't bad for a coin toss in this market, though.