Hachi was right. 78% confidence
Nasdaq Gains Buoyed by Technology
News from mid-2026 shows continued tech-driven Nasdaq rallies, record highs, and a 'melt-up' in Nasdaq 100 stocks, indicating sustained upward momentum well above the $94.84 reference level rather than a decline. None of the falsification criteria (sustained decline below prior levels) are met; instead multiple articles describe record gains and bullish tech sentiment.
What would prove this wrong
NDAQ stock price and the broader Nasdaq index decline sustainably below the $94.84 level shortly after, indicating reversed sentiment rather than continued confidence.
Supporting articles
- Upenn.edu "Melt up"? 6 August 2026
- Barchart.com Nasdaq Futures Climb as Tech Rally Continues on Palantir Boost, U.S. JOLTS Report and SpaceX Earnings on Tap 4 August 2026
- Advfn.com Wall Street Set for Higher Open as Oil Prices Tumble on Iran Diplomacy Hopes: Dow Jones, S&P, Nasdaq, Futures 3 August 2026