Bloomberg Market Wrap 9/24: Nasdaq Technicals, Bond Yields, Gold Bugs

The video discusses the technical analysis of the NASDAQ, highlighting its recent pressure and the lack of enthusiasm among buyers. It also covers the market's reaction to political events, such as the impeachment inquiry, and the implications of the yield curve inversion. Additionally, it examines the trend of investors moving towards gold ETFs as a safe haven during market volatility.

What does the NASDAQ's recent interaction with its 100-day moving average suggest?

• A strong upward trend

• Potential sideways movement

• Immediate market crash

• Rapid recovery

How did the market react to the announcement of a formal inquiry into Trump's impeachment?

• Immediate economic growth

• Nervousness and yield curve inversion

• Stability in bond yields

• Increased stock purchases

What is typically expected after a yield curve inversion?

• A quick re-steepening followed by a recession

• Stable economic conditions

• Immediate market recovery

• A prolonged economic boom

Why are investors adding funds to the GLD ETF?

• To diversify into real estate

• To avoid high bond yields

• As a safe haven during market turbulence

• To capitalize on a booming stock market

What does the increase in GLD ETF inflows indicate about investor sentiment?

• Confidence in the stock market

• Preference for high-risk investments

• Seeking safety amidst market volatility

• Interest in cryptocurrency