Falcon’s View – Week ending April 10 2026

Performance (April 2 - April 10)

NASDAQ-100: +4.45%.

S&P 500: +3.56%.

STOXX Europe 600: +3.05%.

EURO STOXX 50: +4.10%.

OMXS30: +4.86%.

My portfolio: +2,61%

Market pulse

Between the April 2 and April 10 closes, global equities were driven primarily by a shift from acute Middle East and energy-supply panic to a ceasefire-led relief rally. The decisive catalyst was the temporary U.S.-Iran truce announced on April 8, which raised hopes for a reopening of the Strait of Hormuz and triggered a sharp fall in oil prices, easing immediate fears of an inflation shock and more aggressive central-bank tightening. Europe and other energy-importing markets benefited especially from that repricing, while semiconductors and AI-linked technology shares added extra support to U.S. benchmarks. The rebound was real, but not clean: continued disruption to physical energy flows, renewed violence in Lebanon, and a hot U.S. CPI print kept investors cautious and prevented a full normalization of risk appetite by week’s end.

Crowd vs. price

For the first time in a long while the crowds are starting to carefully rotate back to tech stocks.

Holdings & Watchlist Notes

Micron Technology (MU): +14.84%
Micron’s roughly 15% rise between Apr. 2 and Apr. 10 was driven primarily by a rapid easing in geopolitical risk after the U.S.-Iran ceasefire, which pushed oil sharply lower and triggered a broad rotation back into semiconductors and other high-beta growth stocks. That macro relief hit a stock that was already supported by unusually strong fundamentals: Micron had just delivered record results and aggressive guidance, memory pricing remained on a steep upward trajectory amid AI-driven supply constraints, and fresh read-throughs from KeyBanc, Samsung, SK Hynix, Broadcom and TSMC reinforced the view that the AI-memory upcycle remained intact. In practical terms, investors were re-pricing an already bullish Micron story once the war premium started to come out of the market.

• Relative crowd interest: Trend: upwards. Momentum: bullish.