Thoughts on BABA's jump despite broader concerns

Interesting to see $BABA up over 11% today, hitting 108.968, especially as we're still navigating a murky macro picture. While the sector has seen some renewed interest, this kind of move on a single name, even with a strong day, feels less about a wholesale shift in China sentiment and more about specific catalysts. Maybe short covering after the recent lows, or perhaps some larger institutional rebalancing. It doesn't fundamentally change my watchlist for the week, which is still heavily weighted towards how the upcoming CPI numbers will influence the Fed's stance. $TRYUSD continues to show relative stability, albeit with low volume, not really providing any directional macro cues. Keeping an eye on tech, but with a critical lens.