@Ultrahisham:Oversold market and seasonal tailwinds The markets are deeply and way oversold. No other ways of saying that. Can it go lower? Yes it could. But the probabilities of it rallying upwards in the near term are higher than not based on technicals and sentiment.  Sentiments are pretty bearish at the moment and the contrarian trade is up. Technically, both the broad market index and the Nasdaq are pretty much extended in their fifth wave of the fifth wave of what looks like an ending diagonal. And ending diagonals tend to have sharp snapbacks. Indicators also look at stretched oversold levels and pretty ready for a rebound. Inagine a loaded spring. That is what the markets are looking like to me. The Nasdaq has also made a divergence and a higher low compared to the SPX on the micro charts.

@StickyRice:Nasdaq, S&P, Dow fall more than 2% each for the week, primarily on big tech weakness$Nasdaq100 Bull 3X ETF(TQQQ)$  U.S. stocks on Friday ended largely lower, as an initial positive start to the day on the back of stellar earnings reports from Amazon (AMZN) and Intel (INTC) was wiped out by geopolitical concerns over the ongoing conflict between Israel and Islamist group Hamas. The tech-heavy Nasdaq Composite (COMP.IND) closed 0.38% higher at 12,643.01 points, boosted by a ~7% surge in Amazon (AMZN). The retail and tech giant smashed quarterly profit expectations and reassured investors of a strong future in cloud computing and generative artificial intelligence. The "Magnificent 7" member's report comes after dis

@Longacres_Finance: Is Home Depot A Good Stock To Buy Now? Dividend Stock ReviewIs Home Depot a good dividend stock to buy today? Is it a high quality business and is it attractively valued? In today's episode I ... From Youtube: https://www.youtube.com/watch?v=6oA_qr5H3S4