U.S. markets closed

NASDAQ 100 (^NDX)

Nasdaq GIDS - Nasdaq GIDS Real Time Price. Currency in USD
Add to watchlist
13,845.05+86.55 (+0.63%)
At close: 5:15PM EDT
Sign in to post a message.
  • R
    R802
    Looking pretty strong so far... but holding my breath.
  • R
    R802
    Two days ago low (12800s) is holding, so far!
  • V
    Valdito
    Pray for the Nasdaq = Like!
    Bullish
  • t
    tom
    14000 next week, 20,000 by eoy, tech is the new gold
  • t
    tom
    Time to sell And go short above 12,140....1st position by close today
  • R
    R802
    The up trend tunnel is from 11,000 to 12,000, so we are still just interning the huge up trend. If 11,000 breaks there will be a lot more to the down side!
  • N
    Napalm
    Fyi. For those interested in commodities related investments.

    How undervalued is the entire uranium sector at the moment?

    The entire market cap of uranium sector (16 billion$) =
    - 2% to 3% of the market cap of Tesla (568 billion$)
    - 38% of the market cap of Barrick Gold (almost 42 billion$)
    - 33% of the market cap of Newmont (almost 48 billion$)
    - 9% of the market cap of Exxon Mobil (almost 176 billion$)
    - 9% of the market cap of Chevron (almost 180 billion$)
    - 12% of the market cap of Boeing (131 billion$)

    And that while:
    - Demand for uranium is price inelastic!
    - A lot of long term supply contracts of western utilities need to be renewed in the coming years==> price discovery is coming, because uranium miners will not restart existing mines and surely not take the risk in building a new mine without the cover of signed off take agreements before the start
    - A lot of new reactors are build in China, India,… New reactor cores need 3 times the normal fuel renewal of an existing reactor

    The question isn't IF it will happen, the question is WHEN it will happen
  • C
    Camilo
    And if this is not a correction but a bear market? I never get it when they say stocks are cheap because bonds don't pay a dime. Stocks are cheap because they are for cash generation not because I can't get yield elsewhere.
    Bearish
  • C
    Camilo
    A popular stock-market valuation measure is nearing the same level it hit just before the final two years of the most powerful bull markets of the 20th...
    A popular stock-market valuation measure is nearing the same level it hit just before the final two years of the most powerful bull markets of the 20th...
    www.marketwatch.com
  • C
    Camilo
    A “greater fool” stock market might be at hand if a popular valuation measure continues to press higher, potentially kicking off another bubble to rival the late 1920s and 1990s, warned a Wall Street veteran who called the market’s rally off the March lows.
    Bearish
  • R
    R802
    Wow, keep buying the larger dips... it's still a great trade!
  • C
    Camilo
    According to a filing to the Securities and Exchange Commission last month, SoftBank has bought stakes of almost $2bn in Amazon, Alphabet, Microsoft and Tesla
  • C
    Camilo
    "The trashing of valuation metrics and old-style investors usually goes hand in hand with something that is called "new era thinking". The argument is always quite similar: we have some new technology, we have some revolutionary companies and for determining a reasonable stock price of these companies, we can't look at revenue, earnings per share or free cash flow anymore."" From seeking.alpha by Daniel Schönberger, great article
    Bearish
  • t
    tom
    Will be up another 40% by end of July.Linear trajectory, its growing like COVID!
  • t
    tom
    We are now 26% above the pre-pandemic high of 9750 from the 20th of February when the world economy seemed to enjoy greaat growth prospects!
  • F
    Fabian
    This is cracy .... hopefully this bubble burst slight ...
    Bearish
  • C
    Camilo
    Just like in late-1980s Japan, wildly exaggerated growth stories have forced up prices
    Just like in late-1980s Japan, wildly exaggerated growth stories have forced up prices
    www.ft.com
    Bearish
  • d
    dean
    hello
  • j
    jay1979
    where's the plunge protection team today?
  • s
    siyabonga
    How is it George,what is your prediction on NASDAQ for the following week ?