Contrarian vs. a bearish 1w crowd (down 3 / up 1): QQQ bounced hard off its 07-29 low (662→688) and the AI-earnings momentum keeps rolling this week — AMD (est. revenue +47%), Palantir and Uber report after 85% of S&P names already beat. "Market optimism builds ahead of big tech earnings" and the Nasdaq 100 just printed an all-time high. Oversold recovery plus a live earnings tailwind → up over the week.