Nasdaq 100 found support at the blue 38.2% retracement level. It needs to recover the light blue downtrend line and MA20 to confirm the rebound. Also, more than 500 stocks…
Posts published in “Nasdaq Market Update”
Nasdaq 100 largely rebounded 3.2% (+412 pts) after a 3-day losing streak, closed at 13459 points. Among the 150 largest-cap stocks, 140 (93%) closed higher. 68% of all Nasdaq stocks…
Nasdaq 100 largely fell -1.9% (-255 pts), closed at 13047 points, fell 3 days in a row, hit a YTD low. Among the 150 largest-cap stocks, 46 (31%) closed higher.…
Nasdaq 100 largely fell -2.1% (-289 pts), closed at 13302 points, fell -3.9% (-536 pts) for the week, fell 2 weeks in a row. Among the 150 largest-cap stocks, 19…
Nasdaq 100 retreated -1.1% (-151 pts), closed at 13591 points. Among the 150 largest-cap stocks, 40 (27%) closed higher, 35 of them rose with a lower volume. 35% of all…
Nasdaq 100 jumped 3.6% (+474 pts) after a 4-day losing streak, closed at 13742 points, the best % gain in nearly 1 year. Among the 150 largest-cap stocks, 134 (89%)…
Nasdaq 100 fell -0.4% (-51.4 pts), closed at 13268 points, fell 4 days in a row, hit a YTD low. Among the 150 largest-cap stocks, 68 (45%) closed higher. Despite…
Nasdaq 100 tumbled -3.7% (-519 pts), closed at 13319 points, fell 3 days in a row, the worst % loss in 1 month, also hit a YTD low. Among the…
Nasdaq 100 fell -1.4% (-197 pts), closed at 13838 points, fell -2.5% (-351 pts) for the week. Among the 150 largest-cap stocks, 39 (26%) closed higher. Only 23% of all…
Nasdaq 100 met resistance at the light blue downtrend line, MA20, and the orange up-channel bottom. If it cannot break through these resistances, it may need another down-leg to form…