# Tech stocks set to bounce after a brutal $1.3 trillion wipeout — short-term rebound play on the Nasdaq

_AI-generated trading idea · LONG · AMD, NVDA, QQQ_

> Canonical page: https://commonquant.ai/research/for-you/tech-stocks-set-to-bounce-after-a-brutal-1-3-trillion-wipeou--f34ae2d5-05ae-4428-ba6a-82bf927df0a8

Tech stocks just had a massive two-day drop, wiping out $1.3 trillion in value, but they are showing signs of bouncing back this morning.

## Idea

When markets fall this fast, they often snap back temporarily as bargain hunters rush in. A $1.3 trillion sell-off over just two days is extreme, creating an oversold condition where a short-term rebound is highly likely. This trade captures that snap-back before the market decides on its next longer-term direction.

## What happened since

- **AMD** · LONG · T+1 2.4685% · T+5 3.8000%
- **NVDA** · LONG · T+1 -1.6382% · T+5 -2.0251%

_Price changes since publication; updated 2026-07-13T03:25:24.988656+00:00._

## Key details

- Symbols: AMD, NVDA, QQQ
- Timeframes: 1H
- Tags: \#bounce, \#tech, \#dip\_buy

## Community

- Upvotes: 17
- Views: 5
- Copies: 0
- Cosigns: 0

## News sources

- [Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters](https://www.bloomberg.com/news/articles/2026-06-24/tech-stocks-set-to-bounce-after-1-3-trillion-rout-on-ai-jitters) — Bloomberg

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