NASDAQ 100 Pulls Back During Thursday Session
Keep in mind that the NASDAQ 100 is highly sensitive to just a handful of stocks, as it is not an equal-weighted index. In other words, you must pay attention to all the usual technological standouts. The recent “AI narrative” has been a major driver of where the market is going, but ultimately, we must sooner or later see a significant amount of gravity come into the picture once we go much higher.
It’s worth noting that the candlestick is rather long, and it’s probably worth noting that the candlestick from the previous session was a bit of a shooting star, showing that the 16,000 level above is going to be an interesting barrier. Ultimately, this is a market that’s been in an uptrend for quite some time, and I do think that it comes back to the upside, but a little bit of a pullback should be thought of as a potential buying opportunity.
I don’t necessarily think that you should just jump in right away and start buying, but I am waiting to see some type of support, especially in the daily chart to start going long. If we break down below the 15,250 level, then it’s possible that we test the psychologically important 15,000 level.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Nasdaq 100 futures slip Wednesday evening after Netflix posts results: Live updatesStock futures TK Wednesday night as investors looked to key corporate earnings results.
Weiterlesen »
Sirius XM stock pulls back premarket after skyrocketing ThursdayShares of Sirius XM Holdings Inc. pulled back 9% in premarket trades Friday after skyrocketing Thursday. The stock ended Thursday’s session up 42.3% after...
Weiterlesen »
Austin weather: Triple-digit streak continues; 12th 100°+ day in rowTuesday was another record breaker, and we're headed for record territory again today. Zack Shields has the latest on the heatwave and when we might see some rain.
Weiterlesen »
Chicago’s First 100-Percent Vegan Food Hall Will Soon ArriveChicago loves meat, but the city’s also home to a world-class vegan food scene. (via eaterchicago)
Weiterlesen »
100-Meter Hurdles World Record Holder Charged with Anti-Doping ViolationTobi Amusan intends to fight the charge ahead of the upcoming World Championships in August.
Weiterlesen »
This new ETF offers 100% downside protection for investors who can be patientA new Innovator fund is designed to give investors full downside protection over a two-year period, in exchange for capped upside.
Weiterlesen »