Bloomberg Market Wrap 7/24: Tech Stocks, Chipotle

The video discusses the record highs in tech indices like NASDAQ and S&P 500, driven by technology stocks, particularly chips. It highlights the performance of companies like Texas Instruments and Teradyne, and anticipates reports from major firms like Facebook and Tesla. The analysis includes a look at the NASDAQ 100's uptrend and RSI indicators. Additionally, Chipotle's impressive sales growth and record performance are attributed to digital delivery and marketing strategies.

Which sector is primarily responsible for the recent record highs in the NASDAQ and S&P 500 Tech index?

• Energy

• Healthcare

• Technology

• Finance

What is the significance of the RSI indicator in the context of the NASDAQ 100?

• It predicts a market crash

• It indicates potential bullish momentum

• It shows the number of tech companies

• It measures the volume of trades

What was a major concern for the NASDAQ 100 in the previous year?

• Increase in unemployment

• Potential regulation of big tech

• Rising interest rates

• Decline in oil prices

What factor contributed to Chipotle's record performance since 2006?

• Decrease in competition

• Innovations in digital delivery

• New restaurant openings

• Reduction in menu prices

How did Chipotle's same-store sales perform recently?

• They decreased by 5%

• They saw a slight decline

• They remained unchanged

• They increased the most in two years