Global markets are rallying toward record highs as investors anticipate a 25-bps Federal Reserve rate cut (to around 3.75–4.00%), fueling optimism in growth and AI-driven sectors, with Nvidia nearing a $5 trillion valuation and leading the charge alongside Microsoft, Apple, and Meta. Sentiment is also lifted by Donald Trump’s signals of easing chip export curbs to China, boosting semiconductor and tech momentum. However, breadth remains narrow and valuations stretched, raising correction risks if Fed guidance or earnings disappoint. Today’s opportunities centre on AI and rate-sensitive growth names—Nvidia (breakout potential above resistance), Microsoft and Apple (earnings-driven trades with 3–5% downside stops, 10–15% targets), and Tesla (approaching early buy range). Traders may play short-term momentum or hedge via inverse ETFs ahead of volatility, while cautious investors can rotate into value or hold cash until post-Fed clarity. Focus on Fed commentary, US-China trade signals, and big-tech earnings as catalysts; use tight stops and moderate sizing, as the next 48 hours will likely define whether this rally extends or fades into a pullback.