Nasdaq 100 rose 1.2% (+194 points) to close at 16,180 points. It rose for two consecutive days and rose above MA20 (16,065 points). The daily RSI ( 52.8 ) recovered…
Posts published in “Nasdaq Market Update”
Nasdaq Composite bounced off the light blue up-channel bottom on Monday. It has just recovered the orange downtrend line, MA20, and MA50 today. It will likely reach the up-channel top…
Nasdaq 100 and the market both surged 2.3%. No sectors closed lower. Ranging from 0% (Consumer Defensive) to 4.4% (Energy). 133 out of 150 (89%) largest-cap stocks ended higher, but…
Nasdaq 100 and the market both ended -1.1% lower. All sectors closed lower except for Utilities. Ranging from 0% (Utilities) to -2.7% (Energy). 100 of 150 (67%) largest-cap stocks dropped…
Nasdaq 100 was down -0.4%, while the market ended -0.2% lower. 5 sectors closed higher. Healthcare jumped 2.1% to be the best sector. Utilities lost -1.5% to be the worst.…
Nasdaq Composite bounced off the blue uptrend line and is now challenging MA20. If it cannot break through MA20, the downtrend will remain intact such as those previous occurrences in…
Stocks jumped after Fed sped up the taper. Nasdaq 100 surged 2.4%, while the market ended 2.1% higher. All sectors closed higher. Basic Materials had the least gain of 0.1%.…
Nasdaq 100 fell -1.04%, while the market ended -1.1% lower. All sectors closed lower. Financial was the best with a -0.1% loss, while Energy was the worst for the second…
Nasdaq 100 fell -1.5%, while the market ended -1.3% lower. Only 4 sectors closed higher. Utilities was the best with a 0.5% gain, while Energy was the worst with a…