"Nothing good happens below the 200-day moving average."
— Paul Tudor Jones Source: Tavi Costa on X
It's official: the 2nd longest uptrend in the history of the Nasdaq 100 Index has ended with the first close below the 200-day moving average in nearly 2 years
Source: Charlie Bilello
"SPY put volume spiked yesterday to the 3rd highest in history.
Previous 2 spikes were bottoms for the S&P 500. QQQ Put volume made a new all-time high yesterday" Source: GS thru www.zerohedge.com
Price has respected this trendline since the bear market lows of 2022...
Seems like an important spot to watch. $QQQ Source. Trend Spider
Bitcoin and TQQQ (3x QQQ) have moved in tandem for a long time.
Looks like BTC wants "this" even lower. Source: The Market Ear
Nasdaq market capitalization to US M2 Money Supply has hit a RECORD 142%.
The ratio has DOUBLED over the last 5 years and even exceeded the Dot-com Bubble levels of ~130%. Equities rise has MATERIALLY outpaced the money supply increase. Source: Global Markets Investor
Meta's Record Run
The shares are coming off a rally of 16 straight sessions, the longest streak of any current Nasdaq 100 Index company going back to 1990. The stock added more than 17% over the surge, bringing its market capitalization above $1.8 trillion. source : bloomberg
As shared by Guilherme Tavares i3 invest :
Nasdaq 100 / M2 Levels never seen before...
