Nasdaq 100 Correction Phase

"The investor has also disclosed bets against individual chipmakers, including Nvidia and Micron, along with the broader Nasdaq 100, in recent weeks."

"Following the recent U.S. Federal Reserve policy meeting, the Nasdaq Composite is nearing correction territory, indicating potential for further declines. The index is now down 9.78% from its June 2 peak, signaling vulnerability."

"The index broke several critical support levels, including its 100-day moving average and crucial Fibonacci retracement levels, suggesting that the market could face additional downward pressure."

"the Nasdaq 100 was the clear laggard and slipped into correction territory during the session, with the index weighed on by semiconductor names, which saw the Semiconductor ETF (SOXX) and Memory ETF (DRAM) both post notable losses, tracking an extraordinary 10% decline in South Korea's KOSPI overnight as the global AI trade remained under heavy pressure"

"It only took 38 trading days for the gauge to reach the technical threshold, a stark contrast from its previous correction in March. Back then, the descent from an October 2025 record high took more than 100 sessions."

"elevated P/E multiples can indicate confidence in a company's future growth potential, they may also point to stretched valuations or speculative momentum"

"a selloff across memory-chip and hardware stocks dragged the Nasdaq 100 into the red... The Nasdaq 100 fell 1.3% to 29,201 as the memory complex collapsed"

"Worries are rising that positioning in the Nasdaq 100 has become excessive and a 30% rally from late March stretched."

"July has been a slam dunk month for the Nasdaq-100. But traders may have front-run it this time. A strong July performance for the Nasdaq-100 may not be a sure thing now."

"Nasdaq 100 declined 7.5% over seven days to June 10, with roughly $2.7 trillion wiped from market value, underscoring broad risk-off sentiment that reverberates into crypto markets."