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Nasdaq 100 (US100): news flow leaning bearish — the net read

Nasdaq 100 (US100) did not get one story today, it got several, and they do not all point the same way. Weighed against each other — new against old, and tracking which ones have already faded: −− Walmart sales growth slowdown tests consumer resilience, shares slide 9% (fading) −− Iran plans oil strikes to hurt Trump before midterms, official says −− Wall Street slides as Treasury yields, Walmart miss, and ongoing war hit stocks (fading) 194 stories were weighed in this window; the 3 carrying the most weight are listed. Net read: −−− leaning bearish — top of our scale. What this is: a measure of which way the *news* is leaning right now — not a promise about price. A read being right and a read still being worth taking are two different things: once price has travelled a long way from where the read was published, it is stretched, and a lean that is stretched is a no-chase rather than an invitation. Weight is not fixed either. A fresh headline lands, the balance tips, and the net read can flip inside an hour — that shift is the part worth watching, not the first print.