FYI: The Nasdaq 100 came close to breaking below its 50-day moving average this morning, but in afternoon trading things have bounced back a bit. In the charts below, you’ll see that the Nasdaq 100 has been above its 50-day moving average for all of 2017 so far; the last time the index closed below its 50-day was on December 6th, 2016 — 131 trading days ago. If the index manages to close above its 50-day once again today, the current 131-trading day streak will be the third longest in the index’s history. As shown in the second chart below, there have only been 7 prior streaks of 100 trading days or more.
Regards,
Ted
https://www.bespokepremium.com/big-tips/b-i-g-tips-nasdaq-100-on-the-cusp/NASDAQ 100 Components:
http://www.cnbc.com/nasdaq-100/
