Join Nostr
2026-10-30 20:26:52 UTC

Chris Trottier on Nostr: THE STOCK MARKET IS WILD! Today, NASDAQ 100, S&P 500, and Dow Jones all dipped below ...

THE STOCK MARKET IS WILD!

Today, NASDAQ 100, S&P 500, and Dow Jones all dipped below their 125 day moving averages. Here's a comparison:

**NASDAQ 100**
- Oct. 30 level: 28,226.68
- 125-day SMA: 29,531.91
- Difference: **−4.42%**

**S&P 500**
- Oct. 30 level: 7,548.73
- 125-day SMA: 7,579.71
- Difference: **−0.41%**

**Dow Jones**
- Oct. 30 level: 51,663.48
- 125-day SMA: 51,927.23
- Difference: **−0.51%**

There's not much of a difference between S&P 500 and Dow Jones. But the NASDAQ? -4.42% difference is *huge*!

And this just shows how today's sell-off has drastically affected the tech sector.

This *doesn't* measure whether we're entering a recession or that a crash is inevitable or that stocks are overvalued---or even about the actual health of companies.

But it does tell you that the medium-term upward trend has vastly weakened. And this is particularly true for Big Tech.