US Tech 100

While tech stocks soar, the bond market tells a different story. The US 30-year Treasury yield has risen above 5%, which, if sustained, could potentially trigger risk-off sentiment across markets.

In the past two trading sessions, the Nasdaq index has recovered just over 2%, as market confidence has temporarily returned following the latest spike in trade war tensions, which proved to be only a short-lived scare.

Nasdaq 100 forecast darkens after Trump’s latest tariff threats spark sharp market sell-off. The US president targets Apple and the EU in a double-barrelled trade offensive. Meanwhile, fiscal uncertainty compounds the pressure on risk assets.

Nasdaq 100 forecast remains cautious amid carry trade tensions and rising yields, with Japanese and US bond markets signalling volatility ahead for risk assets. While the Nasdaq 100 chart is still bullish on the bigger picture, short-term risks are mounting.

Nasdaq 100 forecast supported by trade optimism and renewed boost in chipmakers, and no major bearish catalysts in play, this is allowing dip-buyers to dominate as technical signs point to new highs amid strong bullish momentum

Something big now has to happen, you’d feel, for the Nasdaq 100 forecast to turn bearish again. Otherwise, continued grind higher, with shallow dips is what I envisage will happen in the days and weeks ahead.

Over the past 10 trading sessions, the Nasdaq 100 index has shown a strong recovery, gaining more than 13%, driven in part by easing trade tensions between the United States and China, which has helped restore short-term market confidence.

A day after we saw the unwinding of “Sell America” trade, index futures were back down as a rally in global equities lost momentum. Once again, optimism over a swift resolution to the US-China trade spat was dealt a blow.

Concerns about a deteriorating growth outlook amid trade war risks means the Nasdaq 100 forecast is remaining not so certain. Another choppy week could be ahead of us, as attention turn to more company earnings, with Tesla set to post its results after the close.

It has been another volatile session for markets, with European indices managing to turn flat to slightly firmer, and US index futures managing to claw back from earlier lows, having been rattled initially by a sharp Nvidia-led sell-off overnight

It might be too early for us to change our Nasdaq 100 forecast to bullish from neutral. Perhaps volatility will ease a little this week, but with earnings from tech giants to come in the next couple of weeks, on top of all the trade war saga, anything is possible.