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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
🚨This is getting SERIOUS:
The Magnificent 7 is down over 15% since the peak, nearly matching the early August crash drawdown. 10 days performance: $TSLA -25% $NVDA -21% $AMZN -10% $GOOGL -9% $AAPL -7% $MSFT -5% $AAPL -5% When will we see the capitulation? Source: Bloomberg, Global Markets Investor
Commodities are enjoying a strong start to 2025
source : markets&mayhem
Market valuations are at their highest levels in history, when taking into account multiple methodologies
Source: MacroEdge Vision @MacroEdgeVision
Surprise surprise...
energy has been by far the best-performing sector during the Biden administration. Source: HolgerZ, Bloomberg
The top 10 largest stocks in the world are now worth a combined $19.17 Trillion up from $18.18T last week
Source: Evan
Goldman Sachs strategists say stocks unlikely to sink into bear market
Source: Bloomberg
$SPX The last two bullish engulfing patterns:
Today and May 31st. Source: Frank Cappelleri
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