BLOOMBERG Whatd You Miss July 14, 2024
Caroline abigail, what are you watching at the close . Abigail the technicals on the tech heavy nasdaq. This is a roughly 1. 5 year chart. The range, the complete range. We had the last bit of the rally, the Fourth Quarter volatility. Triedct that the nasdaq to touch down onto its 100 Day Moving Average in yellow. You can see that has happened before. Thelast time that happened, time before that. The biggest point, alltime highs, buyers are not very enthusiastic. Suggest we will be sideways for a bit longer with stocks. Sentiment, risk off you see that showing up into buying bonds. The 10 year...