Yesterday, I took a well-earned midday nap—because let’s be real, sometimes the best market strategy is unconsciousness. When I woke up, the Nasdaq-100 ETF, better known as QQQ , had popped off like it was auditioning for a new role in The Fast and the Furious: Wall Street Drift . It logged its second-largest gain in history , and I, quite literally, slept through the beginning of it. Luckily, I had some modest capital at work, and the outcome was enough to make me smile at my solar-charged ceiling fan. What Sparked the Fireworks? Apparently, the market got a “feature presentation” of sorts. President Trump hit the pause button on his most aggressive tariff threats—specifically announcing a 90-day ceasefire on reciprocal tariffs. For once, the news wasn’t a false headline or a tweet-then-delete scenario. This came straight from the source. Markets rejoiced. Mohamed El-Erian quipped that it wasn’t business leaders, Congress, or economic logic that got Trump to backpedal—it was the g...
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