Question Details

What will happen next to NASDAQ 100 (^NDX) stock market Index?

https://www.nasdaq.com

What will happen next to NASDAQ 100 (^NDX) stock market Index?

Asked by: Super UserJosef Biesenberger in Business » Economics
currently Open, suspends 09/29/2024 22:30 (in )

Predictions

Background

https://en.wikipedia.org/wiki/Nasdaq

latest quotes:
https://tradingeconomics.com/ndx:ind

US Tech 100 Index traded at 18.245 on Friday March 29th 2024.
Over the last 12 months, its price rose by 40.75 percent.

Update April 29 2024:
Looking ahead, Trading Economics is forecasting US Tech 100 Index to be priced at 16.989 in one year, according to Trading Economics global macro models projections and analysts expectations.

IMHO the valuation of ^NDX, with a PE (price/earnings-ratio) of around 31 is in the middle of a bubble, bursting soon:
https://www.wsj.com/market-data/stocks/peyields

Shiller PE-Ratio is greater than 34, aproaching the 10 year-high of 38.6:
https://www.multpl.com/shiller-pe

Ratio of US Total Market Cap over GDP (Gross Domestic Product) is greather than 180% = near to the alltime high of 200%:
https://www.gurufocus.com/economic_indicators/4602/usa-ratio-of-total-market-cap-over-gdp

Ratio of Wilshire 5000 index over GNP (Gross National Product) is greather than 1.8 = near to the alltime high of 2.09:
https://www.gurufocus.com/economic_indicators/60/ratio-of-wilshire-5000-over-gnp

Debt-financed stock-holding are high:
https://www.finra.org/rules-guidance/key-topics/margin-accounts/margin-statistics

Insider selling in tech stocks hits its highest level in three years:
https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F60ceb87b-a67d-43d2-9e75-247388df5fd8_1456x1166.png

Insider transaction-ratio of 6 is indicating a bullish market-expectation:
https://www.isabelnet.com/insider-transactions-ratio

And the seaonal pattern "Sell in may and go away..." is just ahead./ ongoing

Ray Dalios view: No bubble
https://www.linkedin.com/pulse/we-stock-market-bubble-ray-dalio-zpdre/

Forecast:
https://www.forecasts.org/nasd.htm (analog: ^NDX)

Warning and gloomy predictions:
https://markets.businessinsider.com/news/stocks/black-swan-universa-spitznagel-treasuries-bonds-debt-bubble-fed-recession-2023-11?utm_medium=ingest&utm_source=markets

https://markets.businessinsider.com/news/stocks/stock-market-crash-economy-debt-credit-bubble-interest-rates-2023-11

https://markets.businessinsider.com/news/stocks/fed-rate-cuts-stock-market-crash-recession-outlook-economy-investing-2024-4

Find similar: ndx, stocks, index, bubble, crash

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