Nasdaq 100 Futures Are Heading to a Record High, BofA Merrill's Suttmeier Says

The video discusses the NASDAQ's performance, highlighting a data breach involving Facebook records on Amazon Cloud. It examines market reactions, focusing on the RSI analysis of tech stocks, and features expert insights on NASDAQ futures. The discussion includes a bullish outlook on NASDAQ futures, supported by market patterns and historical trends. The video concludes with a shift in market focus from small to large cap stocks.

What was the initial market reaction to the news about Facebook's data privacy issues?

• The NASDAQ reached an all-time high.

• The NASDAQ dropped significantly.

• The NASDAQ remained stable.

• The NASDAQ initially rose but then paired gains.

What does the RSI indicate about the momentum of the Fang trade?

• The momentum is increasing rapidly.

• The momentum is stable.

• The momentum is decreasing.

• The momentum is at an all-time high.

What is the significance of the bullish Pennant pattern in NASDAQ 100 futures?

• It indicates a potential market decline.

• It suggests a continuation of the current trend.

• It shows a lack of market direction.

• It predicts a market crash.

What is the market's current focus according to the analysis of NASDAQ 100 futures?

• Small-cap stocks

• Penny stocks

• Mid-cap stocks

• Large and mega-cap stocks

How does the market view the weakness in small-cap stocks?

• As a bullish indicator

• As a sign of market strength

• As a bearish indicator

• As irrelevant to market trends