Trump's inauguration sends the Tech sector's 'time to shine'The 2nd inauguration of Donald Trump (now to sworn as the 47th president of the United States) is here and expected to take place on Monday, January 20, 2025.
Crowds are gathering in Washington DC in freezing conditions ahead of this most anticipated over past several months event.
Tech sector stocks are about to have a welcome moment also.
The main technical graph for Nasdaq-100 indicates here's "time to shine" as positive fundamental and technical catalysts converge.
A rising potential for AI monetization via agentic AI as a technology can autonomously accomplish complex tasks on the user's behalf.
The fact is that widespread AI adoption has happened heavily more rapidly than PC and internet adoption in prior major technology cycles, which could mean that AI is closer than expected.
As a result, qualitative commentary on ramping up enterprise AI adoption during earnings calls will likely evolve into indications of incremental revenue boosts this year, before more meaningful monetization as early as 2026, they add.
Such a trajectory would likely be a welcome development for many AI investors who expressed worries last summer after pouring such huge amounts of money into the tech with little signs of a return on investment.
In technical terms, Tech heavy Nasdaq-100 futures has been supported a week ago by 100-Day SMA, and now an epic breakthrough of the Reversed Head-and-Shoulders technical figure is coming.
Descending Bearish channel seems is clearly broken in this time.
