Nasdaq gives up gains, threatens seventh consecutive day of declines ...Middle East

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It's a huge week for the Nasdaq with earnings from Tesla, Meta, Microsoft, Alphabet, Intel and Snap. At the moment, the market is clearly worried and chipmakers are particularly soft.The Nasdaq has fallen for six straight days and early gains today have evaporated with the index now trading flat.Zooming out, there's a saying that 'bull markets go up the escalator and correct down the elevator'. That means that in bull markets, there are often steady gains interrupted by sharp corrections. That's the kind of thing we're seeing right now and it gives me confidence that we're still in a bull market, despite the dismal mood.We've also seen a handful of times in recent years where tech stocks sel

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