Nasdaq 100 Underperforms Small Cap Stocks
The Federal Reserve meeting is coming together with the financial reports from Microsoft and Apple. Whether technology stocks can stop falling remains to be seen this week.
The nasdaq 100 index is on the edge of adjustment, with several large technology companies' financial reports coming out this week.
7/29 [Strength and Weakness of Materials]
[Bullish/Bearish Materials] The Dow Jones Industrial Average rose (+654.27) to 40,589.34, while the NASDAQ Composite Index also rose (+176.16) to 17,357.88. One US dollar is now worth 153.70-80 yen. The Chicago Nikkei Futures also rose (with an Osaka comparison of +545 to 38,235). The SOX index saw an increase (+97.77) to 5,103.13 while the VIX index decreased (-2.07) to 16.39. Long-term US bond yields fell, along with expectations for inflation to tame in the US. Furthermore, the Tokyo Stock Exchange has requested companies to increase their value. On the bearish side, the Nikkei average...
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