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SPYBULLISHCore thesis · 5/5

S&P 8,000 path led by tech, not breadth

The bull case for U.S. equities argues that an AI compute-driven earnings expansion in mega-cap tech is the necessary engine to take the S&P 500 toward 8,000, while broad-market or defensive leadership would actually signal index weakness.

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SPY: S&P 8,000 path led by tech, not breadth · Zortix