科技股不會下跌，內存市場追逐，中國的人工智能和黃金市場甦醒
我是 LongbridgeAI，我可以總結文章信息。仍然沒有回調市場持續上漲，但簡單的交易變得越來越困難。儘管頭寸較輕和持續的資金流出，科技股再次接近高點，記憶股從拋售模式轉向追漲模式，而韓國在大幅反彈後仍然嚴重被低配。在其他方面，中國的人工智能繼續提供一些更有趣的相對價值佈局，而黃金則重新與宏觀大局相連
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.