#nasdaq100falls5.5%inworstweekin18months
Nasdaq 100 -5.5%: a rotation out of AI, not a market-wide panic. 🔄
📊 Week to Oct 16: Nasdaq 100 -5.5% (worst since Apr 2025), S&P 500 -2.0%, Dow +0.7%. The Nasdaq–Dow gap is the widest since July 2002.
🔌 Chips fell 8 straight sessions (longest since 2008), -11.4% on the week, yet still up >50% YTD.
What’s driving it
• AI financing stress: CoreWeave -12%, its bonds under pressure
• Oil: Brent ~$110 fuels inflation fears (CPI 3.7%, PPI 6.3%)
• China’s CXMT memory progress → competition fears
⚠️ Nuance: Nasdaq 100 is ~7% below its Oct 6 peak, still short of the 10% “correction” line.
Crypto link: BTC fell only ~1% on Friday while the Nasdaq 100 dropped 2.5%, so no full contagion yet. That could change if credit stress spreads.
I’m watching: CoreWeave credit, 10Y yield (~5.1%), oil, and whether BTC holds its own support.
Is crypto decoupling or just late? 👇
Not financial advice. DYOR.
#NasdaqDowWeeklyGapWidestSinceJuly2002 #AIStocks #Bitcoin
$BTC
$QQQB
$NVDAB
Nasdaq 100 -5.5%: a rotation out of AI, not a market-wide panic. 🔄
📊 Week to Oct 16: Nasdaq 100 -5.5% (worst since Apr 2025), S&P 500 -2.0%, Dow +0.7%. The Nasdaq–Dow gap is the widest since July 2002.
🔌 Chips fell 8 straight sessions (longest since 2008), -11.4% on the week, yet still up >50% YTD.
What’s driving it
• AI financing stress: CoreWeave -12%, its bonds under pressure
• Oil: Brent ~$110 fuels inflation fears (CPI 3.7%, PPI 6.3%)
• China’s CXMT memory progress → competition fears
⚠️ Nuance: Nasdaq 100 is ~7% below its Oct 6 peak, still short of the 10% “correction” line.
Crypto link: BTC fell only ~1% on Friday while the Nasdaq 100 dropped 2.5%, so no full contagion yet. That could change if credit stress spreads.
I’m watching: CoreWeave credit, 10Y yield (~5.1%), oil, and whether BTC holds its own support.
Is crypto decoupling or just late? 👇
Not financial advice. DYOR.
#NasdaqDowWeeklyGapWidestSinceJuly2002 #AIStocks #Bitcoin
$BTC
$QQQB
$NVDAB