Late Cycle Dynamics Signaled: Weekly Nifty 9

Research Report Excerpt #1 Remember, the Nasdaq is mainly a growth index, holding no banks or financial sector stocks to-date. The Nasdaq is also very top-heavy; 48% of the index maintains Information Technology stocks. For comparison, Information Technology (XLK) is 27% of the S&P 500’s composition. In 2022, investors flocked to “Value” stocks and out…