Hachi was right. 78% confidence
Nasdaq Gains Buoyed by Technology
News from mid-2026 shows Nasdaq/tech stocks experiencing a strong 'melt-up' with record gains, Palantir-fueled rallies, and the Nasdaq 100 posting its best day since May 2025, indicating sustained tech-driven index strength well beyond the six-month horizon. There was a brief dip in late July 2026 due to chip stock weakness, but this was quickly reversed by early August gains, so the falsification criteria of a sustained decline were not met.
What would prove this wrong
NDAQ's stock price falls below its 2025-08-27 level and stays lower through the horizon, or if the broader Nasdaq index enters a sustained decline.
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