The NASDAQ100 extended its losing streak as investors keep taking profits in tech stocks
Advanced Micro Devices and Broadcom each lost around 1%. Intel slid over 7%. Apple, Amazon, Alphabet, and Tesla also posted losses. Market volume typically falls in late August, which can lead to wilder swings.
The index has now broken below 23,600 and is trading near 23,300, marking its steepest pullback since late June. The short-term trend that began in mid-July is still possibly intact, with higher highs and higher lows. However, volume on down days suggests sellers are active, which may reinforce near-term downside pressure.
Advanced Micro Devices and Broadcom each lost around 1%. Intel slid over 7%. Apple, Amazon, Alphabet, and Tesla also posted losses. Market volume typically falls in late August, which can lead to wilder swings.
The index has now broken below 23,600 and is trading near 23,300, marking its steepest pullback since late June. The short-term trend that began in mid-July is still possibly intact, with higher highs and higher lows. However, volume on down days suggests sellers are active, which may reinforce near-term downside pressure.
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Investing in complex securities involves risk. You may lose some or all of your invested capital.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.