Nasdaq Composite Weekly Chart with 40-Week and 200-Week MAs

Nasdaq Composite Weekly Chart with 40-Week and 200-Week MAs The Nasdaq may potentially reach 18,700 and 22,400, given the possibility of a catch-up trade within a secular bull market presidential cycle. Image: BofA Global Research

Performance – Ratio of Russell 2000 Index to Nasdaq-100 Index

Performance – Ratio of Russell 2000 Index to Nasdaq-100 Index Small-cap stocks have reached a record low relative to the Nasdaq 100. Potential catalysts for small-caps to outperform include a pickup in M&A and IPOs, stronger earnings growth, and changes in interest rates. Image: Morgan Stanley Wealth Management

Nasdaq 100 vs. Commodities

Nasdaq 100 vs. Commodities Will commodities outperform U.S. tech going forward? Image: BofA Global Investment Strategy

Nasdaq 100 Net Long Futures Contracts

Nasdaq 100 Net Long Futures Contracts Leveraged funds and asset managers have different positions on Nasdaq 100 futures. Leveraged funds are currently very net short on Nasdaq 100 futures, while asset managers have a less bullish but still net long position. Image: Deutsche Bank Asset Allocation

Nasdaq 100 Futures Positioning

Nasdaq 100 Futures Positioning While leveraged funds and asset managers are less bullish on Nasdaq 100 futures, they still maintain a net long position. Image: Deutsche Bank Asset Allocation

Bitcoin and Nasdaq 100

Bitcoin and Nasdaq 100 While Bitcoin has shown a significant correlation with the Nasdaq 100 (QQQ ETF) in recent times, it’s important to consider the volatility and performance differences between the two assets. Image: Topdown Charts

Performance – Biotech vs. Nasdaq 100

Performance – Biotech vs. Nasdaq 100 U.S. biotech stocks are still experiencing significant underperformance compared to the Nasdaq 100. Image: BofA Global Investment Strategy

Nasdaq 100 vs. 10-Year U.S. TIPS Yield (Inverted)

Nasdaq 100 vs. 10-Year U.S. TIPS Yield (Inverted) The Nasdaq 100 has shown strong performance despite the rise in real yields, which may indicate the possibility of the market overheating. Image: The Daily Shot