"Trump trade" (or the inflation rotation trade?) – Russell long vs Nasdaq 100 short – gains momentum.
Source: HolgerZ, Bloomberg
The "ChatGPT era"...
The Nasdaq 100 post-ChatGPT at just over 400 days is now up more than it was following any of the other major technological releases of the last half-century. But if we are to follow the Netscape blueprint we have a lot of more bull left... Source: Bespoke, TME
Romanian stock market index BET has outperformed the Nasdaq 100 over the past 5 years.
Source: Holgerz, Bloomberg
That RTY (Russell 2000) / NDX (Nasdaq 100) spread was over 600bps at its peak today.
By the close it was the biggest relative outperformance of the Russell 2000 over Nasdaq 100 since 2002... Source: Bloomberg, www.zerohedge.com
🚨 🚨 🚨 HUGE SECTOR ROTATION OUT OF TECH AND INTO SMALL CAPS HAPPENING NOW 🚨 🚨 🚨
⬇ Nasdaq 100 $QQQ -1.0% ⬆ Russell 2000 $IWM +3.3% Source: Stocktwits
Can it really be only 7 stocks if the equally-weighted index with 100 stocks in it just went out at new all-time highs?
Source: J-C Parets, https://allstarcharts.com/
That was another new all-time high quarterly close for both the S&P500 and Nasdaq100
That's now 3 in a row. Source: J.C. Parets @allstarcharts
The Nasdaq 100 and Bitcoin have moved in tandem for the past 4+ years.
With the recent Tech rally, the Nasdaq is showing its largest divergence versus Bitcoin during this time frame. Will we see bitcoin catch up or Tech catch down? Source: David Marlin
