'Peace Keeper' warheads descending onto a Pacific test area circa 1979. The world, via neoconservative policy, is now resorting to the age old 'Peace Through Strength' policy to resolve global conflicts (update 106).

(Chart 1)

(Chart 2)

Could the upcoming Texas Instruments (TXN) earnings be the NASDAQ bell weather?   Having declared that the Chip Shortage ended in July 2022, it will be interesting to see if their profits are rising on high demand and lower overhead costs (joking).

Nasdaq looks overbought.  Refer:  Chart 1 and 2 with TXN overlaid