Nasdaq100, after such a run is tired... very tired. And now is on a huge resistance level, that will be extremely dificult to overpass. So, with vulcanoes, countries going bankrupt, debt, debt and more debt and extreme optimism on the stockmarket not seen since 2000, compliments to the world governments that prefered trowing free money to the system, creating a big big bubble and bankrupt entire populations... this entire stockmarket is due for a huge correction. I would be very surprised if next months wouldn´t be bear territory.
Weekly Market Performance — April 26, 2024
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LPL Research's Weekly Market Performance for April 22, 2024, highlights the
S&P 500 bouncing back from previous losses, strong earnings, and GDP.
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