科技股不会下跌，内存市场追逐，中国的人工智能和黄金市场苏醒
我是 LongbridgeAI，我可以总结文章信息。仍然没有回调市场持续上涨，但简单的交易变得越来越困难。尽管头寸较轻和持续的资金流出，科技股再次接近高点，记忆股从抛售模式转向追涨模式，而韩国在大幅反弹后仍然严重被低配。在其他方面，中国的人工智能继续提供一些更有趣的相对价值布局，而黄金则重新与宏观大局相连
Still No Dip
Markets keep squeezing, but the easy trades are getting harder. Tech is back near the highs despite lighter positioning and persistent outflows, memory has gone from capitulation to chase mode, while Korea remains heavily under-owned after a massive rebound.
Elsewhere, China AI continues to offer some of the more interesting relative-value setups, and gold is reconnecting with the big macro picture.