The tech rebound and market rally

Market Overview - The NASDAQ has seen a significant increase, up 2.3% and gaining 500 points, following a challenging week for the index [1] - Bitcoin experienced a rough week, indicating a broader risk aversion in the market [1] Economic Outlook - Goldman Sachs' Tony Pascarelloo maintains a bullish outlook, stating that the primary uptrend remains intact despite some volatility [2] - There is an expectation for improved liquidity and economic acceleration, although the current economic narrative is not as pristine as before [2] Investment Strategies - Momentum has been the leading factor in market performance, up 21% year-to-date, with growth at 17% and quality at 9.6% [4] - The "MAG 7" stocks have shown significant rotation, with investors needing to stay engaged despite individual stock volatility [5][6] Company Performance - Alphabet has emerged as a strong performer, hitting record highs and gaining 11% since the launch of Gemini 3 [11] - The company has surpassed Microsoft in market capitalization for the first time in seven years, indicating strong investor confidence [11] AI and Technology Sector - The AI trade remains robust, with Alphabet positioned to deliver strong returns on investment, supported by its Gemini 3 and TPU chips [12][13] - There is a growing sentiment that valuations in the tech sector will matter more moving forward, with a preference for companies with reasonable valuations [15]