NDX is “toppiest” in 2.5 years

It has been 2.5 years since the Nasdaq 100 appeared in my weekly Macro Extremes newsletter

It is a likely addition to the quinella of overbought extremes category in this weekend’s edition.

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June 13, 2024
by Rob Zdravevski
rob@karriasset.com.au

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What if MSFT’s stock price lost a quarter of its value?

Reprising my Microsoft #msft note from a month ago, I’m positing that the stock may trade down to the $290 region (+/- $15) by the end of Q1 2024.

Accordingly, we coud see Nvidia #nvda trade down to $307 into the 2nd quarter of 2024.

That would be a decline of 37% from today’s price.

That would give the Nasdaq 100 a bit of a jolt.

December 23, 2023

by Rob Zdravevski

rob@karriasset.com.au