Tech’s Party Might Be Getting Crashed: What Bank of America’s Warning Signals Mean for Your Portfolio
Remember when everyone was convinced the Nasdaq was unstoppable? Yeah, about that. Bank of America's technical strategists just threw a wet blanket on the tech rally, and they're not being subtle about it. The Nasdaq 100 has been on a tear lately, breaking through the 30,000 barrier like it's nothing. But here's the thing: when something goes up too fast, it tends to come back down. And BofA's team is waving red flags like they're working airport ground crew. The culprit? Something ...
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Nasdaq’s Big Bet: Why 24-Hour Trading Could Change Everything (Or Nothing)
Picture this: It's 2 a.m. on a Tuesday, and you're wide awake wondering if you should buy that stock. Soon, you might actually be able to. Nasdaq just announced it's gunning for 24-hour trading, five days a week—basically turning the stock market into the financial equivalent of a 7-Eleven. Here's the deal: Right now, the market opens at 9:30 a.m. and closes at 4 p.m. ET. Nasdaq wants to blow that wide open and let people trade around the clock. They're ...
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