Nasdaq 100 Fails to Sustain Bullish Momentum, Falls 1.65% in May; NFP Eyed this Week
Nasdaq 100 slides on Tuesday amid failure to sustain the previous week’s bullish momentum. After the session's modest pullback, the tech index falls 1.65% in May, following a 13.37% drop…
Read More »Dow Jones Crumbles on Wall Street. ASX 200 and Hang Seng Index Risk Following Lower
The Dow Jones, S&P 500 and Nasdaq 100 tumbled to start off the new week. Are further losses in store for the ASX 200 and Hang Seng Index for Tuesday’s…
Read More »Nasdaq 100 Soars as FOMC Signals Strong Economy. Hang Seng Index Sees “Policy Bottom”
Wall Street stocks extended higher for a second day as the Fed raised interest rate by 25bps and signaled that the US economy is strong enough to withstand tightening. Hong…
Read More »Nasdaq 100 Forecast for the Week Ahead: 16000 in Focus as Non-Farm Payrolls Near
The Nasdaq 100 hit another record, nearing 16000 in the aftermath of the Fed’s Jackson Hole Symposium. Will a softer US non-farm payrolls report add more momentum to tech stocks?
Read More »Wall Street Close: Tech spared as broad stock market sell-off continues
US tech stocks saw a modest recovery on Friday, with the Nasdaq 100 finishing the session with gains of about 0.63%. Big Tech names Apple (+2.55%), Am
Read More »How to Trade the Fast-Growing Gaming and eSports Sectors
Gaming and esports are two of the hottest sectors in the financial market today. In fact, in 2020, the VanEck Vectors Video and eSports ETF (ESPO) rose by more than…
Read More »Markets Week Ahead: Nasdaq 100, US Dollar, Crude Oil, Fed, IMF, Tech Earnings
The Nasdaq 100 outperformed the broader market as the US Dollar weakened with crude oil prices. A busy week is ahead for markets, with Apple and Microsoft earnings, the Fed,…
Read More »Wall Street Close: Fresh record closes for S&P 500 and Nasdaq as markets bet on stimulus
Friday saw the S&P 500 and Nasdaq 100 hit and close at all-time highs, the former rallying as high and closing in the 3820 after bulls aggressively bo
Read More »How to Use Market Breadth to Refine Index Analysis
The S&P 500, Nasdaq 100, Dow Jones, and Russell 2,000 are the best-known market indexes in the United States. The four provide important measure of how the overall stock market…
Read More »Markets Week Ahead: Nasdaq 100, US Dollar, GBP, Brexit, Fed, Treasury, Thanksgiving
Rising Covid cases in the US and a squabble between the Treasury and Fed dented market sentiment this past week. The tech-heavy Nasdaq outperformed its index counterparts as longer-dated government…
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