The Technical Traders, Released on 1/27/25

The sharp selloff in tech stocks, including Nvidia (NVDA), this morning signals that speculative capital is rapidly retreating from high-growth tech plays and risky assets. The trigger? Last week’s launch of DeepSeek, a new AI assistant developed by a Chinese startup, which has soared to the top of app store download charts. Analysts are buzzing over its performance, noting it rivals ChatGPT while operating on less-advanced hardware. For a deep dive into DeepSeek, click here for the QuickTake. From a technical analyst’s perspective, the sudden rise of DeepSeek introduces fresh uncertainty for the Nasdaq 100, which has seen a staggering $15 trillion rally since late 2022. This sharp pivot underscores a recurring theme: elevated valuations on speculative technologies can quickly unravel when new entrants disrupt the landscape. Traders should take note—high valuations coupled with breakneck momentum can leave portfolios vulnerable when market sentiment turns.

00:00 intro
00:55 BONDS
01:37 NASDAQ
02:01 30 MIN CHART
03:01 QQQ
03:45 BITCOIN
04:15 RUSSELL 2000
04:27 DJI
04:37 SP500
05:06 CONSUMER STAPLES
05:21 HEALTHCARE
05:31REALESTATE
05:50 CRUDE OIL
06:29 HOTLIST
07:00 NVIDIA
07:33 MICROSOFT
07:38 APPLE
08:09 GOOGLE
08:29 TESLA

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.

  AI, Chris Vermeulen, deepseek, market crash, stock correction, stock crash