Tag Archives: Nasdaq-100
Nearly a decade of explosive technological growth in the 1990s was followed by a collapse of 75% of the key index, the NASDAQ-100. Many investors lost everything but key aspects of the technology survived. The next five years of growth … Continue reading
The stocks of Intel and Cisco Systems are still 27% and 54% below their all-time high, respectively, on a dividend adjusted basis. The sluggish recovery in the tech sector for about 14 years after the bubble burst of 2000 is … Continue reading
Fueled by gains in some large caps, the NASDAQ-100 index continued to move above an important down-trendline and towards resistance at 4,323. If the momentum persists, the index will soon challenge the November highs near 4,347. At the same time, … Continue reading
Although biotechnology and social media stocks corrected yesterday, with proxy ETFs like IBB and SOCL losing -2.61% and -2.26%, respectively, the NASDAQ-100 index is still in overbought territory and may need to form a solid base before it rallies again.
I warned about some key divergences last week in S&P 500 and Russell 2000 indices. Those divergences were advanced warnings of more volatility. Yesterday, major market indices found support at key levels. The short-term uptrend of the market is still … Continue reading
The recent rally in NASDAQ-100 and QQQ has some technical similarities with the one during the early part of 2010 that ended with a violent correction. Periods of persisting oversold conditions such as the present one (a 12-week NASDAQ-100 winning streak) can be very problematic … Continue reading