Friday, November 17, 2023

The Nasdaq 100 Is A Coiled Spring of Emotion

Or something.

Ahead of next week's report from Nvidia - analysts are looking for nine-fold EPS growth vs. last year - the Naz 100 futures are painting a picture of extreme indecision:

 https://charts2-node.finviz.com/chart.ashx?cs=m&t=@NQ&tf=d&s=linear&ct=candle_stick&r=&sf=2

FinViz (also on blogroll at right)

You don't see that pattern of the last three days, off to the right side of the chart, all that often.