Techs Lead Market Sell-Off; Tenet Healthcare, Fiserv, Microsoft In Focus | Stock Market Today

Nasdaq breaks below 50-day line.

Stock Market Today: July 24, 2024
Hosts: Ken Shreve & Ed Carson

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[dirkdarwin]

I'm thinking the QQQ is heading into a couple of months of up down and all around (within an overall downtrend) - similar to August / September / October last year and meanwhile, big money will rotate some of that money into long positions in small / mid caps. Then at some point next year, the bubble bursts and it's goodnight Irene for a while.

[ysareyes]

Jerome Powell literally said it on 60 minutes (maybe indirectly but anyone watching this gets it). Let's keep that aside. Everyone should have BTC in their portfolio.

[Tazmanian_Ninja]

Moving averages are SO extremely OVERRATED. I'm tired of hearing about trends "breaking the XX -day moving average".

Especially (!) when it's SMAs vs EMAs – the latter of which are at least a bit more useful.

[MeArcides]

SPX and NDQ with the worst day in a year, in downtrend since last CPI, is it still a bull market?

[btxchxy]

I don't face any problems with this startegy