US Stocks Brush Off Moody’s, Echo Past Tech Booms
From Nasdaq: 2025-05-19 15:25:00
US Stocks Brush Aside Moody’s Downgrade
After Moody’s downgraded US debt, the Nasdaq and other major indices fell over 1%. However, stocks rebounded quickly, showing resilience. The reaction indicates a bullish market.
Late 90s Internet Precedents Mimics Present
The release of Netscape in the late 90s and ChatGPT now show similar trends in the tech-heavy Nasdaq. Individual AI stocks like Broadcom and CoreWeave suggest the AI revolution is just beginning.
S&P 500 Index Explodes to the Upside
The S&P 500 surged over 19% in 27 days following US-China trade tensions easing. Historical data shows when the index gains over 19% in 27 days, it has been higher one year later 100% of the time. This indicates potential for further upside.
Bottom Line
Wall Street’s reaction to Moody’s downgrade and similarities to the late 90s suggest a bullish market ahead. Investors should pay attention to market tells and historical trends for insights into future market movements.
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