In 2000, right before the dot-com bubble burst, Nasdaq (QQQ) momentum started to show significant deterioration - are we seeing something similar on the long-term charts for tech and AI stocks?
This week's video examines long-term charts of the Nasdaq and S&P 500 (SPY), pointing out observable evidence that was present during periods of secular stagnation.
We also examine two charts that help us answer: (a) Has gold (GLD) found a bottom, and (b) is now the time to buy/cut?
The S&P Mid-Cap Growth Index (IJK) also has numerous bearish clues during the early stages of the 2007-2009 Global Financial Crisis, a period that featured a roughly 50% drop in the stock market. How does the same chart look today?
What can we learn from the Nasdaq's weekly cloud chart?
What can we learn from the S&P 500's daily cloud chart?
Do CCM’s current stock market model scores align with or contradict the recent rally in tech, growth, and AI stocks?
Video Length: 00:18:52
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