NASDAQ stocks have been on a tear lately, led by AI-related plays. The relative performance of the NASDAQ 100 has begun to depart from macro factors such as the inverse relationship with the 10-year Treasury yield.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1AQySIFXAx9sAXJVe1hhlbxdwxDo-D_iwTwL5wWdl-2f1ifPjYbeUfVkh5HbDi4Vi5uf4nPtx3J4VbOb-Wbw8TT-F1fcxqpc1CarYy-MZ_TwqoKzVYlY2Fa9iprZI3yDEoHzKZ9tutPXLxgQKWVAopwKd0Zxg9EslbSGk9sThjht9XMZjf6vdEVx0Aw/w400-h285/XL%20QQQ.png)
I have had a number of discussions with investors and the question keeps coming up. Can the AI frenzy, which appears to be in its early stages, carry the stock market to a new bull?
The full post can be found here.