The Nasdaq market breadth of 250-Day New High minus New Low has touched down the yellow oversold band, which has been a strong support except for 2008 and 2020 (much…
Posts published in “Nasdaq Market Update”
Nasdaq 100 largely fell -2.5% (-361 pts), closed at 14149 points, a 150-day low. Among the 150 largest-cap stocks, 20 (13%) closed higher. 38% of all Nasdaq stocks ended higher.…
Nasdaq 100 largely bounced off the 22-month orange up-channel bottom. Nasdaq 100 may have found meaningful support, at least for the short term. Still, it may test the channel bottom…
Nasdaq 100 rebounded 0.5% (+71.6 pts) after a 4-day losing streak, closed at 14510 points. Among the 150 largest-cap stocks, 96 (64%) closed higher. 52% of all Nasdaq stocks ended…
Nasdaq 100 plummeted -2.7% (-408 pts), closed at 14438 points, fell 4 days in a row, a 144-day low, fell -7.5% (-1174 pts) for the week. Among the 150 largest-cap…
Nasdaq 100 fell -1.3% (-202 pts), closed at 14846 points, fell 3 days in a row, a 67-day low, crossed below MA200 (15000 pts). Among the 150 largest-cap stocks, 32…
Nasdaq 100 broke below the 1.5-year orange channel bottom and is now testing MA200 for the first time in about 2 years, reflecting that the technical aspect of it has…
Nasdaq 100 fell -1.1% (-163 pts), closed at 15048 points, a 66-day low. Among the 150 largest-cap stocks, 42 (28%) closed higher. Only 30% of all Nasdaq stocks ended higher.…
Nasdaq 100 sank -2.6% (-401 pts), closed at 15211 points, a 63-day low. Among the 150 largest-cap stocks, 13 (9%) closed higher. Only 15% of all Nasdaq stocks ended higher,…
Nasdaq 100 rebounded 0.7% (+116 pts), closed at 15612 points, rose 0.1% (+20 pts) for the week. Among the 150 largest-cap stocks, 81 (54%) closed higher. Despite Nasdaq 100 rising…