Sunday, November 1, 2026

NDX Comment 11/1

 11/1/2026

 

NDX hourly this past month 


 Magnificent 7 Hourly


 SOX Semi Conductor


 These hourly charts are what we mean by Tech Wreck. All gapped down at the open Friday. There was a bit of buy back at the end of the day.

It would seem that a bounce to the upside is in order. Billions of market cap were lost in total with the tech stocks. Anthropic IPO is scheduled for later this month. No doubt  the bankers will be talking the deal up. Next update tomorrow. Thanks for reading my blog.  

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