NVDA Manus AI is something that has a bigger impact on the profits of the entire AI industry than Deepseek. Since patching up the gap, its ability to hold up has unexpectedly fallen far short of long-position expectations. For now, we’re doubling down on short leverage again, with risks particularly concentrated in large-cap stocks that previously surged due to the AI boom. MSFTMETAAMZNAAPL
MSFT time to decline 🤣I have shifted my investments to the Euro and the DAX 40 (DE40) index. I am avoiding the U.S. dollar and technology stocks, as I anticipate significant downturns
These are some numbers for the NASDAQ. I know I'm posting on the SPX board but I see very similar numbers on the SPX too. Only the Dow has better numbers and more by much. Nasdaq will close year down at 17500-1800. Still 15% or so left on the downside. I see a similar movie on the SPX. The top 5 companies on the Nsmasdaq make up abbkut 40% of its move uo, and the top 10 make up over 60%. Unless these companies continue to grow at the rate they have been for the last 4-5 years then I think we see a selloff coming soon. NVDAMETA AMZN LLY and MSFT make up 19.7% of the SPY, The top 7 make up 34%. You cant count on these heavily weighted companies to grow at the same pace as they have. This spells toruble for the SPX and Nasdaq
SPX MACD (12,26) is -179 RSI (14) is 45 STOCHASTICS (9,6) is almost 97 STOCHASTIC RSI is 100 Williams%R is -2.07 14 Period ATR is 174.
All these indicators are pointing to an overbought volatile market that is likely to reverse a 5 year bullish trend.