U of M Consumer Sentiment
Major rotation has occurred during these periods of bottomed out sentiment. This time, it looks like Crypto drew the short straw and is bearing the brunt of the rotation! This cycle's winners are Metals, International, Commodities, & Tech.
China's Tech / Nasdaq 100 - $CQQQ $QQQ
Ratio is at the bottom of the range and momentum has reset near the 0 line. China's Tech could outperform Nasdaq 100 back to the top of that range, and beyond if it breaks out.
As always, thank you @TheChartReport for curating the best charts on a daily basis. It is always a pleasant surprise when I see one of my own!
https://t.co/4GvQZdZKCM
The 2026 IPO market is shaping up to be one of the most historic on record: Anthropic, SpaceX, OpenAI, Databricks, Stripe, Anduril Industries, Kraken, Canva, Strava, Lime
Compred to 2020-2021, I'm seeing some similarities in the technical structure of $IPO:
Nasdaq 100 / DJIA - $QQQ $XLK
This chart just keeps getting more intriguing. The last two tech euphoria breakouts went for 87-93 weeks. If this current breakout goes the average of these two (90 weeks), it will take us to Jan 22, 2028.