The Nasdaq 100 index showed some relief yesterday and made a higher high since its low on 19th May 2022. However, smaller time frames suggest that the willingness of market participants to buy at rising prices diminishes. Therefore, this leaves us to speculate whether the Nasdaq 100 index is getting positioned for another leg down. At the same time, the daily...
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Unless it breaks that channel, expect red. that is all.
Nasdaq and the S&P 500 look to retest highs after metals sell off freeing up cash to be injected into stocks, crypto and indices. CURRENCYCOM:US100 NASDAQ:NDX NASDAQ:NDAQ OANDA:SPX500USD FOREXCOM:SPXUSD SP:SPX TVC:SPX AMEX:VTI TVC:USOIL AMEX:SPY 1 Alphabet GOOGL 2 Intel Corp INTC 3 Microsoft Corp MSFT 4 Salesforce.Com Inc CRM 5 Bank of America...
Shares of Nasdaq (NDAQ) dipped along with the rest of the market, falling almost 13% over the past thirty days. And when expending that horizon to six months, the stock has lost 5%, against the S&P 500’s 1% gain. That’s not a surprise, given the Nasdaq Composite Index itself has corrected by around 13% from its recent all-time high.
Comparing these 4 major indices, you can see clearly that Nasdaq index is the one with the strongest retracement to date. We can see the SPX500 , DJIA and Russell are showing signs of fatigue and probably the price action will consolidate for a while here before we see the next action. If based purely on stock market being a leading indicator of the economy,...
In this video: * I review the overall stock market sentiment briefly * I discuss ascending wedge patterns spotted and what they might mean for the markets * My bullish sentiment is returning * Jasmy is our winner this week!
$TSLA, $VZ, $IBM, $NDAQ $TSLA closed up ~+1.5% after reporting revenue that fell short of estimates - profit beat Q3 projections, despite a semiconductor shortage and supply-chain challenges that have troubled automakers $VZ gained +2.4% yesterday following better-than-expected earnings numbers and a lower-than-expected customer churn rate, showing continuous...
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Looking at a bigger picture, we can see that of the 3 indices, the Nasdaq index soar the highest after the March 20 sudden fall. SPX500 and DJIA were pretty decent in its recovery , at least fairly consistent. In today's digital world, we are talking about digitising the mom and pop shop concept (see how strong E commerce growth has been globally) and automation...
NDAQ Weekly Technical Analysis All Indicators NEGATIVE Resistance: 181.00 Support: 173,57 - 166,79 - 156,79 Until 30 August we will watch. Technical looking not good.
the target is 420 so, of course I am "smokin something" likely just a cigar though see you in 2026 hope you have some quality tech stocks
AMZN has been consolidating in this channel for quite some time now and is forming what appears to be a very clear bullish ascending triangle off of a long-term uptrend line. As most already know, the DIA posting its worst week since October posting a 3.5% loss on the week with the SPY and NDAQ following posting losses of 1.9% and 0.2%, respectively. By no means...
A simple chart here folks. Obviously, most of you technical traders are probably already aware of this ominous ascending wedge that the market has been working on and working inside since March of 2020, the apex of 'Rona lockdown fears. Since that time the Fed has really done absolutely nothing to help the U.S. dollar. Now, this was a known campaign message...
MSCI World ETF is at a double top at the ATH... "Next Tuesday marks the 12-month anniversary of the MSCI AC World Value Index’s eight-year low, a key timeframe that many quantitative models use to screen for momentum shares to buy. ... Momentum bets are popular within the roughly $2 trillion systematic community, which groups stocks together by their...
Pretty simple play here Let's say 25% of your 100k portfolio is liquid Ex: $25,000 liquid portfolio Take 30% of that $7500 Average in buys between 120-127 at 2500 each and 2x leverage Target $155 Let's say price bottoms and wicks to $117.50 You'd buy $15000 worth of shares avg $123.50 Sell at $155 for 25.5% move and 51% profit on your $7500 investment. $7500 >...
Day close under neckline on forming head and shoulders. If confirms, price target between 11800/11600 With possible support on the bottom of the channel around 12000.