12/17/2025
Originally this was my page for computer makers, I added some AI like Oracle, Core Weave, Broadcom
but point is they are all down hard, and this is December, not a month known for big declines.
Tech has lead on the way up, it is leading on the way down. NASD is down much more than others today.
The tech heavy NDX has lead the market to all time highs, it has now topped and headed lower, much lower. It is early in the bear market. I will add to PSQ tomorrow.
PSQ made a low Dec 8 higher than the low Nov 1, It is now headed higher. I suspect the tech rally is done. Wave one up, Wave twp down, now three up.
Bonds
My long term view is that bond yields will move much higher and prices lower, more tomottow
Enjoying this let me hear from your
dennis.elam@att.net
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