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 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
Tech Stocks – G3 Central Bank Balance Sheet vs. Nasdaq 100 Will the divergence between central bank liquidity and tech stock performance continue through 2024? Image: BofA Global Investment Strategy
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) 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
Nasdaq 100 Technicals The Nasdaq 100 remains resilient so far. Image: BofA Global Research
Nasdaq 100 Seasonality Historically, July tends to be a good month for the Nasdaq 100 index, with seasonal patterns showing positive performance. Image: Goldman Sachs Global Investment Research
Relative Performance – Nasdaq 100 vs. Russell 2000 The frenzy surrounding artificial intelligence is driving U.S. tech stocks back to high levels relative to small caps. Image: BofA Global Research
Seasonality – Nasdaq Monthly Returns Seasonality is very useful for assessing probabilities, not certainties. This is one factor that can impact the Nasdaq price. Image: Goldman Sachs Global Investment Research
Nasdaq Composite Index vs. Nasdaq Composite Cumulative Advance/Decline The Nasdaq Composite’s breadth is not great. Image: Morgan Stanley Research
Performance – Dow Jones Industrial Average vs. Nasdaq Will the Nasdaq continue to track the 1972-75 Dow Jones Industrial Average analog? Image: BofA Global Investment Strategy