In my years of trading and investing, I’ve learned one hard rule: take profit when you can—then it’s your money. Let’s discuss the Nasdaq (NASDAQ 100). Has it broken to new highs? Yes, the price is indeed bullish. However, technically, the price is nearing the top of an equidistant channel, which often represents a supply or resistance area. While the overall trend remains up, the first critical “danger point” to watch is 20,650. This was the previous all-time high, and price must stay above this level; otherwise, it could be deemed a “wash and rinse” (also known as a fake move). A break below 20,650 would close the first gap (shown in green). There are two gaps in the Nasdaq—green and orange—created when Trump won the presidential election, causing the market to enter a state of euphoria.

Overview: Market Uncertainty as U.S.-China Tensions Mount The global market is showing signs of caution as U.S.-China trade tensions rise, fueled by proposed tariffs from President-elect Trump. Investors are keenly aware that heightened tariffs or strained trade relations could significantly impact key sectors, particularly technology. With China being a substantial market for many tech giants, any disruption could have ripple effects across the market, making investors wary of potential volatility and seeking clarity on trade negotiations. Tech Stocks: Potential Headwinds for Key Players Apple in the Spotlight Apple $Apple(AAPL)$  , one of the biggest players in the tech sector, faces unique risks if U.S.-China

Summary of the Last Session and Key Catalysts The stock market rally following the recent U.S. election, buoyed by optimism surrounding Donald Trump's re-election, faced a dip as the surge in several key sectors slowed. The Dow Jones Industrial Average fell by 382 points, or 0.9%, ending a five-session winning streak for $.SPX(.SPX)$ and $.IXIC(.IXIC)$ , which each declined 0.3% and 0.1%, respectively. This pause in upward momentum reflected tempered enthusiasm in sectors initially predicted to thrive under a second Trump term. $Tesla Motors(TSLA)$ dropped 6.1%, while Trump Media & Technology Group fell nearly 8.8%. These declines emerged despite earlier pro

The market is still enjoying its post-Trump honeymoon period. Strong dollar. Strong equities. Strong crypto. Down everything else.But soon, reality will dawn that Trump's policies are going to be quite inflationary. We have what appears to be:1. A worsening trade war with China (tariffs have been shown to increase inflation for US consumers).2. Tighter labor market (wage inflation).3. Corporate and income tax cuts (more on personal income tax impact on inflation & spending).4. Reduced government tax revenues as a result of 3 increases the need to borrow.5. Pressure on the Fed to lower interest rates as a result of 4 could further reignite inflation.6. Too strong a US dollar will make it quite expensive for foreign firms to set up manufacturing in the country & for US exporters to c