NASDAQ Composite

NAS 100 sinks as high yields hurt growth Nasdaq has erased gains from the last three months as worries over rising long-term interest rates grew. Tech stocks are the hardest hit as investors rotate their capital into bonds and value…
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Trump Appeals for Larger Stimulus The US dollar dropped by 0.24% yesterday, falling back to the lowest levels seen since April 2018. Progress on additional US stimulus saw fresh selling and a move back below the 90.00 mark. This…
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Continued Woes Weigh On the Greenback The US index closed below 92 on Wednesday as sentiment remains negative over the contraction of the US economy. The ADP missed expectations on the number of private-sector jobs in the US. The figure…
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NASDAQ only missed the 9375 top by a few pips. However, that follows multiple attempts to break the ascending channel starting Mar 26. That suggests a reasonable failure as the lower channel has been a hurdle for bulls since May. Despite…
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Nasdaq Hits Record High, Remains Bid Along with SPX and Dow NAS100 recorded an all-time high yesterday at 7820 after several companies reported better than expected numbers for quarter one. eBay, Lockhead Martin, and iRobot, just to name a…
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Could seen as a 5 wave Elliott Wave pattern. The 261.8% extension is located at 7340 (from 5802-6390). We look to this confluence area to get short
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US stock markets are headed for the first year of decline since 2015. This might still be saved by a Santa Claus rally and the corresponding effects that it would have on currency markets, but, will the rally happen? Certainly there are a…
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The move lower can be seen in 5-waves (Elliott Wave) and the initial selloff is assessed as being complete. We are now in the choppy correction higher. Bespoke resistance is located just above the 50% pullback level of 7483 (from…
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The NASDAQ-100 (often abbreviated as NDX, and is listed on the Orbex platform as NAS100) is one of the more important indices in the US, typically seen as referential of tech stock performance. It is one of the newer indices and is run by…
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In this episode, Richard is following up on his previously posted “Trends And Reversals – Patterns And Correlations” article, in which a spike in volatility was underlined, as a possibility, along with a chance for the Market to commence a…
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