Technicals Support New Highs for Nasdaq 100, BofA Merrill's Suttmeier Says

The video discusses the Fang trade, focusing on Facebook, Amazon, Netflix, and Alphabet, and their recent market activities. It highlights Facebook's $5 billion FTC fine and its impact on the market. The video analyzes market trends, including the NASDAQ 100 futures, and provides expert insights on potential market movements. It concludes with a discussion on the growth versus value debate in the market.

What major event caused Facebook to reverse a big loss recently?

• A data breach

• A $5 billion FTC fine

• A new product launch

• A merger with Amazon

What does Steve Upmeyer suggest about the current market trend?

• It is a stagnant market

• It is a declining market

• It is a bearish trend

• It is a consolidation in a larger uptrend

What is the significance of the 21-day moving average in the NASDAQ 100 futures analysis?

• It shows a stagnant market

• It predicts a market crash

• It acts as a support level

• It indicates a bearish trend

What is the projected range for the NASDAQ 100 futures if the support level holds?

• 8300 to 8400

• 7500 to 7600

• 8000 to 8100

• 8185 to 8250

What is the current debate in the investment community regarding growth and value?

• Whether both will perform equally

• Whether neither will perform well

• Whether value will outperform growth

• Whether growth will outperform value