Nasdaq: A distinguished double top

Nasdaq : Update ⚠️ A distinguished double top .🎩 pic.twitter.com/U5Z7FKhHyk — The Great Martis (@great_martis) May 14, 2024 DOW JONES . Distinguished rounding top .✍️ pic.twitter.com/HlLgbdvtca — The Great Martis (@great_martis) May 15, 2024

Nasdaq on thin ice: Extended overbought condition sparks fear of major selloff

Nasdaq’s prolonged overbought status, extending six months, raises concerns. Comparisons between December and April suggest that while December’s overbought condition resulted in an oversold selloff, April’s less pronounced overbought state triggered a more significant market downturn. The Nasdaq is also six months overbought. What we see is that in December, that overbought reading led to …

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Semis are way overbought… Nasdaq and Bitcoin face simultaneous declines…

Bulls, there are four bubbles in this picture. Can you spot any of them? pic.twitter.com/N2EFWNsXJ9 — Mac10 (@SuburbanDrone) March 5, 2024 Semis are 20 years overbought and Powell is speaking. This is why I watch markets. I'm out of Netflix. pic.twitter.com/uPno02WPBe — Mac10 (@SuburbanDrone) March 4, 2024 Microstrategy said they're selling convertible bonds to buy …

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Baby, It’s Cold Outside! Electricity Prices UP 24.25% Under Bidenomics (NASDAQ To Commodity Ratio Near Dot.com Bubble High)

by confoundedinterest17 Baby, it’s cold outside! Of course, government still wants to ban natural gas and coal. The average price of electricity has risen a whopping 24.25% under Biden and Bidenomics. Brrr!! No wonder Biden only wants to talk about unlimited abortion and NOT the immigration (Fentanyl, child trafficing, crime, etc) fiasco at the border and …

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Markets waver as Nasdaq slumps, dividend aristocrats stumble, and economic uncertainties intensify, prompting caution among investors.

In a concerning turn of events, the Nasdaq has experienced a nearly 4% decline in just three trading days, resulting in a staggering loss of $600 billion in market capitalization. This downturn erases all gains made since December 13th, highlighting the volatility in the market. Adding to the unease, the Magnificent 7, a group of …

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The signs of a potential double top on Nasdaq are alarming. Valuations can’t soar indefinitely, and the lingering inflation issue adds complexity.

Call me crazy but I believe we are in the process of forming a major double top on Nasdaq. Valuations don't grow to the sky and the inflation problem is far from over. Today's weakness in megacaps despite the Fed pivot is the tell. pic.twitter.com/c2nPSjifJD — Otavio (Tavi) Costa (@TaviCosta) December 14, 2023 The reason …

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Thanksgiving Market Extravaganza: S&P 500 and Nasdaq Surge Amidst Overbought Conditions, Global Stock Funds Inflow, Cash Dominance, and Record Highs for Bitcoin ETFs

As Thanksgiving approaches, the financial markets reflect a robust performance, with the S&P 500 ETF ($SPY) marking an 8.8% increase for the month and a remarkable 20.3% gain for the year. The Nasdaq 100 ($QQQ) outshines, boasting an impressive 47.1% surge. Global stock funds experience a notable influx, attracting around $40 billion in the two …

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Unprecedented Tech Bubble: The Ratio of The Nasdaq To US Treasuries Soar Beyond Historic Levels; Stocks Are Also The Most Expensive Relative To Fixed Income In Over 20 Years

The Nasdaq’s return compared to US Treasuries is now at a record high, surpassing levels seen during previous bubbles and indicating a significant gap between equity and bond returns. So many unsustainable metrics out there right now. This also underscores the significant outperformance of the S&P 7 to the remainder of the index. Markets are …

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The average 30-year fixed mortgage rate hits 8.00% for the first time since 2000… The Nasdaq 100 Index could be the next shoe to drop.

🚨🚨🚨 The average 30-year fixed mortgage rate hits 8.00% for the first time since 2000. Taking into account mortgage rates, incomes, and house prices, October 2023 stands out as the least affordable month for U.S. housing this century. Spread: 308 bps pic.twitter.com/2MH8BlaXJM — Lance Lambert (@NewsLambert) October 18, 2023 Ladies and gentlemen: Introducing the Nasdaq …

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“Michael Burry is now down 42% on his “$1.6 billion” S&P 500 and Nasdaq short if he is still holding it.” – Gurgavin noted.

Fifteen years after his famed bet against the mortgage market led to substantial gains, legendary investor Michael Burry has once again set his sights on a major financial maneuver. This time, he has taken a “big short” position against the stock market by purchasing an impressive 40,000 put options contracts tied to SPDR S&P 500 …

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Yahoo News: “Nasdaq drops 1% as Fed warns rate cuts aren’t coming soon”

Stocks reversed lower on Thursday as another blowout quarterly earnings report from Nvidia (NVDA) couldn’t overcome new comments from the Federal Reserve suggesting interest rates will need to remain elevated for a long period of time to bring inflation down. The Nasdaq Composite (^IXIC) closed Thursday’s trading session down nearly 1.9% while the S&P 500 …

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223,000 tech layoffs in 2023, 60,000 more than 2022’s total, and we are only 7 months in; Nasdaq surpasses Dow by 30% this year, the largest margin since 1971.

There have now been 223,000 tech layoffs in 2023 and we are only 7 months in. That's 60,000 more tech layoffs than the entire year of 2022. pic.twitter.com/bcGE9hUdus — The Kobeissi Letter (@KobeissiLetter) July 30, 2023 "The Nasdaq is outperforming the Dow by more than 30% this year – the widest margin on record in …

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‘Did you know that call options volume in the S&P 500, NASDAQ 100 and Russell 2000 have recently hit all-time highs? And we’ve just seen all-time highs in weekly tech inflows?’

Did you know that call options volume in the S&P 500, NASDAQ 100 and Russell 2000 have recently hit all-time highs? And we've just seen all-time highs in weekly tech inflows? Want to learn more? The latest Charts of the Week is now available!https://t.co/IaXDP7KXDc — Markets & Mayhem (@Mayhem4Markets) June 9, 2023 CNN: "It's official. …

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