Terry Cheng ⛽️ 🇺🇸

NASDAQ up 0.27%. The index rose for the third session in a row, adding 72 points. The RSI rose to 48.8. The MACD indicator has turned sideways. Volatility dropped again, the VIX fell 3.4% to 16.91. 10-year yield rose 3 bp to 5.02%. The Nasdaq is 1,516 points (or 6%) above the 200-day moving average of 25,033. Short-Term Trend: down. The Nasdaq is 40 points below its 20-day exponential moving average of 26,589 and 40 points below its 50-day moving average of 26,589.

$SKHY 🤭

NASDAQ down 0.21%. The index fell for the second session in a row, losing 53 points. There was weakness across AI-related memory and optical names, while many cybersecurity and software stocks showed solid gains. The Nasdaq closed below short-term support around 25,980 from the middle of September. On any further weakness, the September 16 pullback low of 25,802 is a key level to watch. The RSI fell to 38.0. The MACD indicator is trending downward. Volatility moved up closer to 20, the VIX gained 2.2% to 19.45. 10-year yield rose 4 bps to 5.00%. The Nasdaq is 963 points (or 3.8%) above the 200-day moving average of 24,992. Short-Term Trend: down. The Nasdaq is 696 points below its 20-day exponential moving average of 26,651 and 644 points below its 50-day moving average of 26,599.

NASDAQ UP 0.75%. Heading into the final hour, the index is rising 196 points. The RSI rose to 47.1 The MACD indicator is trending downward. Volatility is flat, the VIX stands at 17.33. 10-year yield rose 3 bps to 5.14%. The Nasdaq is 1,654 points (or 6.6%) above the 200-day moving average of 24,967. Short-Term Trend: DOWN. The Nasdaq is 170 points below its 20-day exponential moving average of 26,791 and 4 points below its 50-day moving average of 26,625.

NASDAQ down 0.02%. Following yesterday’s 290-point rebound, the index today fell 6 points. The short-term trend switched to the downside on last Friday’s big sell-off and remains intact for now. On the price chart, there’s short-term support (on a closing basis) around 25,980 from the middle of September. The RSI fell to 43.1. The MACD indicator is trending downward. Volatility continued to ease—the VIX fell 6.1% to 17.31. 10-year yield fell 3 bps to 5.11%. The Nasdaq is 1,473 points (or 5.9%) above the 200-day moving average of 24,951. Short-Term Trend: down. The Nasdaq is 385 points below its 20-day exponential moving average of 26,809 and 198 points below its 50-day moving average of 26,622.

NASDAQ up 1.11%. Following Friday’s 572-point drop, the index today rebounded 290 points, although it had been up as much as 473 points in late morning.  The short-term trend switched to the downside on Friday’s sell-off and remains intact for now. On the price chart, there’s short-term support (on a closing basis) around 25,980 from the middle of September. The RSI rose to 43.2. The MACD indicator is trending downward. Volatility eased—the VIX fell 7.7% to 18.44. 10-year yield rose 4 bps to 5.14%. The Nasdaq is 1,495 points (or 6%) above the 200-day moving average of 24,935. Short-Term Trend: down. The Nasdaq is 420 points below its 20-day exponential moving average of 26,850 and 196 points below its 50-day moving average of 26,626.

NASDAQ down 0.42%. The index is currently down for the fourth session in a row, off 115 points. But it had been down as much as 384 points. AI semi and optical stocks are again the weakest segments. At the moment, the short-term trend has switched to the downside. The RSI fell to 43.8. The MACD indicator has turned downward. Volatility is flat—the VIX stands at 16.82. 10-year yield is down 11 bps to 5.08%. The Nasdaq is 1,672 points (or 6.7%) above the 200-day moving average of 24,905. Short-Term Trend: down. The Nasdaq is 382 points below its 20-day exponential moving average of 26,959 and 55 points below its 50-day moving average of 26,632.

NASDAQ down 1.88%. The index fell for the third session in a row, losing 511 points. The Nasdaq has fallen in five of the past six sessions. There was heavy downside action today across the board, with particular pressure in the AI semi, optical and cybersecurity names. With today’s sell-off, the short-term trend switched to Neutral. The RSI fell to 45.8. The MACD indicator is turning downward. Volatility advanced, the VIX rose 10.4% to 16.87. 10-year yield fell 2 bps to 5.19%. The Nasdaq is 1,803 points (or 7.2%) above the 200-day moving average of 24,889. Short-Term Trend: neutral. The Nasdaq is 309 points below its 20-day exponential moving average of 27,001 and 64 points above its 50-day moving average of 26,628.

NASDAQ down 0.15%. The index fell for the second session in a row, losing 41 points. The RSI fell to 56.3. The MACD indicator is trending sideways. Volatility was flat, the VIX ended at 15.27. 10-year yield fell 3 bps to 5.21%. The Nasdaq is 2,330 points (or 9.3%) above the 200-day moving average of 24,874. Short-Term Trend: up. The Nasdaq is 170 points above its 20-day exponential moving average of 27,034 and 578 points above its 50-day moving average of 26,626.

NASDAQ down 0.44%. In an uneventful session, the index fell 120 points. The RSI fell to 57.3. The MACD indicator is trending sideways. Volatility picked up, the VIX rose 2.5% to 15.21.10-year yield stands at 5.24%. The Nasdaq is 2,389 points (or 9.6%) above the 200-day moving average of 24,856. Short-Term Trend: up. The Nasdaq is 229 points above its 20-day exponential moving average of 27,016 and 645 points above its 50-day moving average of 26,600.

NASDAQ down 0.22%. The index fell 61 points, ending a five-session winning streak. The RSI fell to 66.1. The MACD indicator is trending upward. Volatility was flat—the VIX ended at 15.08. 10-year yield was flat at 5.28%. The Nasdaq is 2,740 points (or 11%) above the 200-day moving average of 24,798. Short-Term Trend: UP. The Nasdaq is 611 points above its 20-day exponential moving average of 26,927 and 1,075 points above its 50-day moving average of 26,463.

Too many weak $VKTX investors!

NASDAQ up 1.05%. The index advanced for the fourth session in a row, adding 286 points, and hit a new all-time high of 27,544. The RSI rose to 66.2. The MACD indicator is trending upward. Volatility picked up slightly, the VIX rose 1.3% to 15.52. 10-year yield ended at 5.31%. The Nasdaq is 2,726 points (or 11%) above the 200-day moving average of 24,751. Short-Term Trend: up. The Nasdaq is 692 points above its 20-day exponential moving average of 26,785 and 1,121 points above its 50-day moving average of 26,356.

NASDAQ up 0.24%. The index advanced 63 points, but had been up as much as 311 points in late morning. The RSI rose to 56.4. The MACD indicator is trending sideways. Volatility ticked up—the VIX rose 1.8% to 16.34. 10-year yield rose 4 bps to 5.29%. The Nasdaq is 2,171 points (or 8.7%) above the 200-day moving average of 24,690. Short-Term Trend: up. The Nasdaq is 221 points above its 20-day exponential moving average of 26,640 and 620 points above its 50-day moving average of 26,241.

They all grown up now!

NASDAQ down 0.92%. The index dropped 248 points. The RSI fell to 55.7. The MACD indicator has turned sideways. Volatility picked up, the VIX rose 8% to 16.07. 10-year yield rose 6 bps to 5.23%. The Nasdaq is 2,162 points (or 8.7%) above the 200-day moving average of 24,658. Short-Term Trend: up. The Nasdaq is 223 points above its 20-day exponential moving average of 26,597 and 625 points above its 50-day moving average of 26,195.

bitcoin:native

NASDAQ up 0.01%. The index rebounded from a loss of 230 points in late morning to end the session with a gain of 3 points. The RSI ended at 59.2. The MACD indicator is turning sideways. Volatility picked up, the VIX rose 3% to 15.67. 10-year yield rose 10 bps to 5.20%. The Nasdaq is 2,315 points (or 9.4%) above the 200-day moving average of 24,624. Short-Term Trend: up. The Nasdaq is 417 points above its 20-day exponential moving average of 26,522 and 794 points above its 50-day moving average of 26,145.

NASDAQ down 1.13%. With the 10-year yield on the rise (hitting 5.129% intraday, the highest level since July 2007), the index fell 308 points. The RSI fell to 59.2. The MACD indicator is turning sideways. Volatility picked up, the VIX rose 6.8% to 15.18. 10-year yield rose 14 bps to 5.10%. The Nasdaq is 2,329 points (or 9.4%) above the 200-day moving average of 24,607. Short-Term Trend: up. The Nasdaq is 458 points above its 20-day exponential moving average of 26,478 and 804 points above its 50-day moving average of 26,132.