Last week, the Nasdaq dropped about 4.5%, but U.S. stocks are up pre-market this week. Clearly, more funds are betting on a Nasdaq rebound this week. Tech stocks are leading the rally, and the U.S. 10-year Treasury yield is pulling back. This is a very important factor for tech stocks right now. Plus, crude oil has dropped to around $100. Oil prices above $100 create inflationary pressure, making it harder for the Fed to cut rates—or even forcing rate hikes—which then pushes Treasury yields higher and puts selling pressure on U.S. stocks. This week is absolutely critical. SpaceX → Tesla → Meta → Lam Research → Texas Instruments → IBM are all releasing earnings reports. The current market expectation is that after last week’s sharp drop, can the upcoming earnings from major tech companies prove that AI demand is still strong? Keep an eye on the Nasdaq after tonight’s U.S. market open—will it rise? Will core tech stocks like NVDA/AMD continue to rally with increased volume? At the same time, if the 10-year Treasury yield keeps dropping, it’s a good time to buy: NVDA AMD AVGO MU LRCX TSM INTC Also, watch out for pre-market gains followed by a sharp drop at the open—this is often a tactic to attract investors to build positions. Last week, the AI sector already showed clear signs of breaking down, and failed V-shaped reversals often lead to a second wave of selling. So the key focus is on the Nasdaq—can it keep rising after the open? Will oil prices continue to fall, and will tech stocks rally with strong volume?