Stocks finally got the pullback everyone has been begging for.
Gianni Di Poce thinks you should buy it.
The S&P 500 futures hit a new all-time high overnight before giving back gains from Monday and most of Friday. OpenAI missed revenue and semiconductors dropped 3.6% on the day.
None of that changes Gianni’s thesis. He believes tech is going dramatically higher from here.
His reasoning is structural. Tech currently makes up just 30 to 33% of the S&P 500, with the Mag 10 names accounting for roughly 40% of the index.
Compare that to Taiwan, where tech is 85% of the country’s index. The Netherlands sits above 50%.
Historical bubbles, from railroads to energy, all saw their dominant themes exceed 50% of the index before peaking. Gianni expects tech to eventually become 60 to 80% of the US market.
Tonight’s video lays out the immediate setup driving his call:
- Semiconductors rallied 40 to 50% in just three weeks before today’s selloff, and Gianni sees another 25% of upside ahead in most Mag 10 names.
- Meta, Microsoft, and Amazon all report earnings tomorrow alongside the Fed decision, and Gianni flagged all three as attractive at current levels.
- Bonds are putting in a higher low this morning while crude oil rolls over near $100, a setup that could shift the tide back to equities.
- Gianni booked 40% gains in Dell yesterday at his $220 target with rotation now setting up across the tech complex.
Silver got hammered today. Gianni called the 4X move in eight months “the definition of a bubble” and is watching for a base to build out over the next few months.
He flagged one bearish wildcard worth tracking. Town halls are pushing back against data centers as electric costs climb.
