This is a very problematic underlying situation, as it implies that fewer and fewer stocks are carrying the weight of lifting the NASDAQ ever greater. If these remaining shares start to falter of their own right, finally the index itself begins to break down. Such narrowing of breadth like we see in the chart below commonly foreshadow an eventual correction in value. Holding the 200-day shifting common support will be key for the NASDAQ as we enter the upcoming trading week. Unfortunately, this is probably not a straightforward task, as a shorter-term uptrend line that was first broken by the NASDAQ initially of 2022 is now looming as resistance.
Allocating consideration to other duties, can lead to our driving performance suffering and putting lives in danger. It might seem a simple question, but technology is about greater than devices and gizmos. Khanna was once among Oregon’s most distinguished technology buyers, …