RabishankarBiswal

RabishankarBiswal

NASDAQ:NVDA is now already in bear market territory and the next question when this slide in the stock price will stop. Today in our Daily dose of Chart we are looking into NVDA Feb retracement levels in the upward sloping channels and the NVDA Dominance in NASDAQ. If we plot the upward sloping Fib retracement channel joining the top candles weekly chart within...

RabishankarBiswal

Market experts will say 10% is a correction 20% is a bear market. In the last 5 years NASDAQ100 has been in the bear market 2 times. Once during COVID19 and another time during the FED Rate hike cycle. And it has been in correction mode in Aug 2024 when the Yen carry trade unwound. Since Aug 2024 PEPPERSTONE:NAS100 has shown great strength with higher highs...

RabishankarBiswal

First, I must apologize to everyone watching this blog space. After a long recess we are back with some stock idea. Today we are looking at one of our most followed consumers discretionary stocks in this blog space $CAVA. AMEX:XLY is the S&P 500 select sector discretionary ETF, and this ETF has lost almost 40% of the value. NYSE:CAVA has lost almost 60% of...

RabishankarBiswal

In 2024 the light bearer of the developing markets was India and its index $NIFTY. It closely beat the S&P 500 in 2024. But 2025 has not been good for $NIFTY. The rotation trade sell India and buy Chinna by the large institutional investors has put immense pressure on the Indian indexes. The index almost fell into the bear market by collapsing close to 20%. If...

RabishankarBiswal

The semiconductor sector was the poster child of the 2023 & 2024 bull market. The cap weighted index is a momentum play with heavy weights like NASDAQ:NVDA and NASDAQ:AVGO outperforming and hence the ETF gives more than 100% return in 2 years. NASDAQ100 index is also cap weighted and momentum oriented. But the index provides diversification to a certain...

RabishankarBiswal

PEPPERSTONE:NAS100 is already in the correction territory with down more than 10%. If this bear market holds grip, then we might get into the bear market territory with 20% or more correction. This might be coincidental. Let’s get to the numbers behind this reasoning. The lows on Aug 5th carry trade set back was 17300. The Trump 1.0 tariff also send the ...

RabishankarBiswal

Earlier in this space on 13 Feb 2025 we have discussed the resurgence of the Fintech sector and the base building of the famous fintech ETF form Ark investments $ARKF. Many Fintech stocks like NASDAQ:HOOD , NASDAQ:COIN , NASDAQ:PYPL , NYSE:XYZ etc had a great Nov 2024 to Jan 2025. The story was the same for the fintech stock Upstart which had an AI component...

RabishankarBiswal

In this blog space we have discussed the FX:EURUSD and TVC:DXY index on 9th Feb. We said it looks like the FX:EURUSD is forming a local bottom, and the chart was showing lot of resilience. And we said that the next stop on FX:EURUSD will be 1.062 which it has recently surpassed. We also prophesized that because 60% of the TVC:DXY is EUR we might see more...

RabishankarBiswal

Since the AI trade took hold of the S&P and NASDAQ the 2 stocks which we poster child in the AI trade were NASDAQ:NVDA and $AVGO. Out of the 100% of the real AI revenue done by Semis almost 15-20% is attributed to Broadcom $AVGO. After the last quarter results the stock gapped up more than 20% and reached an ATH of 250 $ from the lows of 170 $. This week the...

RabishankarBiswal

CRYPTOCAP:SOL valuation in USD is already 30% below its ATH. But if we value the CRYPTOCAP:SOL based on CRYPTOCAP:BTC then we clearly see that the chart is clearly in a bearish pattern. $SOLBTX has already reached 0.0018. If we plot the Fib retracement levels from the last peak to low in the weekly chart the BINANCE:SOLBTC can go down to 0.001 which is the...

RabishankarBiswal

We are again back from a short winter flu. I think the index NASDAQ100 is also coughing showing signs of a flu. Pun indented.  The tech heavy NASADQ100 does not look particularly healthy on a daily and weekly basis. In this weekly chart we can see that even if we find ourselves in the structural bull market the index has lost more than 5% from its peak. The...

RabishankarBiswal

After hitting an ATH NASDAQ:TSLA has lost the momentum. In this blog space we already propagated the idea that there is some more downside until the reaches the 200 Day SMA. We see that NASDAQ:TSLA stock has lost the 20 Day, 50 Day and 100 Day SMA and the next stops are the 200-Day @ 276 $. But if we look at the Fib Retracement then the levels @ 0.618 with...

RabishankarBiswal

Many Wall Street analyst will say there are no bull markets without the Semis. We have been going sideways for a few months. We are in a range within a major upward trend in the markets and the NASDAQ:SMH ETF. The same looks in the charts of NASDAQ:NVDA , NASDAQ:AVGO etc. In this chart we plotted an upward trending parallel channel. The NASDAQ:SMH price...

RabishankarBiswal

The international markets like ICMARKETS:STOXX50 and IG:HANGSENG are experiencing a positive momentum and 20-Day is above the 50-Day, 100-Day SMA and 200-Day SMA. This indicates a bullish momentum in European and Chinese stock market. In contrast Indian index NSE:NIFTY which was a favorite trade in 2023 and 2024 has been underperforming with all the SMA...

RabishankarBiswal

We are back in this blog space after a couple of days holiday. The RUSSELL 2000 ETF AMEX:IWM failed at the same price point which it failed back in Nov 2021. It seems Price having a memory. It failed at the same price it failed in Nov 2021. After it failed from the top on 16th Dec 2024 it has recently retraced back to the 0.236 Fib retracement level @ 2237. It...

RabishankarBiswal

Today we are looking at a new ratio chart where we plot the CRYPTOCAP:TOTAL2 (Crypto market cap without Bitcoin) vs CRYPTOCAP:BTC market cap. As we see from the chart the ratio chart as we see is making lower lows and lower highs. ALTCOINS are bleeding against the CRYPTOCAP:BTC in this Crypto market cycle. The long-awaited ALTCOIN rally is still missing in...

RabishankarBiswal

Since 2022 when Open AI released its GPT 3.o model AI stocks like NASDAQ:NVDA and the data center solutions providers within the power and electricity space like NYSE:PWR and NYSE:ETN had a great run. But recent events related to Deepseek have exposed weakness in the AI trade. When the market is fixated on NASDAQ:NVDA and NASDAQ:AVGO as the...

RabishankarBiswal

Today we dive into the world of stocks where we look at a little know cos. called Arista Networks $ANET. NYSE:ANET since its IPO almost 10 years ago has given a 2000% return to its investors. The next generation Networking cos with virtualized network platform on specialized designed chips and advanced Ethernet switches with low latency used in Cloud Data...