QQQ 1d base rate ~54% up. The same benign July CPI cooled yields and trimmed September hike odds while AI-infrastructure earnings drove the Nasdaq-100 higher on 8/12 (Composite +0.5%), with NDX +16.6% YTD and community 1d sentiment 4:1 up. Tech momentum plus dovish repricing push me above base rate to up, though proximity to record highs leaves some pullback risk.