July 30, 2021

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know now.

Canary In The Coal Mine

Please click here for a chart of Nasdaq 100 ETF (QQQ).

Note the following:

• There was significant buying by retail investors at the open as shown on the chart.
• The buying was in part due to excitement over the  Robinhood (HOOD) IPO.
• After the Robinhood IPO broke the syndicate bid, the excitement among retail investors has fizzled.  The chart shows that there is no continued buying.
• The VUD indicator is the most sensitive measure of net supply demand in real-time.