The stock will likely continue falling in the coming months, with the next key level to watch being at $200. On the other hand, a move above the important resistance level at $300 will invalidate the bearish outlook.

In this week's video, we provide an Elliott Wave analysis of the Nasdaq 100, discussing its historical performance and current wave structure, including potential patterns like expanding diagonals and triangles.

Markets show mixed signals: global equities test key trend supports as commodities hover at crucial levels. Crude and heating oil remain rangebound, gold steadies, Nikkei hits record highs, and small caps plus Nasdaq show early technical weakness.

Friday's University of Michigan Survey consumer sentiment surprised on the downside along multiple dimensions, including assessments of the current situation and expectations regarding the future; and is deteriorating over time.

Here are highlights of the performances of our 6 AI Semiconductor sub-portfolios for the week ending November 7th and for the month of October.