^NDX - NASDAQ 100

Nasdaq GIDS - Nasdaq GIDS Delayed price. Currency in USD

7,107.23

-8.86 (-0.12%)

At close: 5:15PM EDT

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Previous close	7,116.09
Open	7,169.45
Volume	648,530,222

Day's range	7,080.74 - 7,227.96
52-week range	6,011.24 - 7,700.56
Avg. volume	2,235,093,384

FX Empireyesterday
Multiple Factors Pressure U.S. Stocks including China Sell-off, Rising Rates, Weak Housing Data
Thursday’s pressure began early in the session when U.S. Treasury yields traded back around multi-year highs on Thursday. The rise in yields came a day after the Fed minutes showed the central bank is still convinced tighter monetary policy is the best course of action for the economy to remain steady.
FX Empire2 days ago
Fed Minutes: Gradual Rate Hikes is Still Best Policy
The gist of the minutes of the September 25-26 Federal Open Market Committee session primarily reflected confidence in the rate of economic growth. However, for the first time, the central bank did express some concern over the impact that tariffs might have on the future path of economic growth.
FX Empire2 days ago
Stocks Plunge on IBM Earnings Miss, Bearish Housing Data; Crude Drops on Bearish EIA Report
Crude oil prices dropped sharply on Wednesday following the release of a bearish government report. According to the U.S. Energy Information Administration, U.S. commercial crude stockpiles rose by 6.5 million barrels during the week-ending October 12. Traders were looking for a build of about 2.2 million barrels.
FX Empire3 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 17, 2018 Forecast
Based on the early price action, the direction of the December E-mini NASDAQ-100 Index on Wednesday is likely to be determined by trader reaction to the downtrending Gann angle at 7344.75. Taking out 7318.25 with conviction will indicate the selling pressure is getting stronger. The daily chart is also wide open to the downside with the next target angle coming in at 7163.75. So be prepared for an acceleration to the downside.
FX Empire3 days ago
Americans did that again!
Americans did that again – V shape reversal after a heavy drop. Many traders get used to it but many are still surprised. The style that they are doing this is impressive and most probably scares off the potential sellers, which is an additional bullish factor here. First, let me show you the Nasdaq, which defended the round 7000 points support (green) and went higher. Another day, another dollar one could say. That reversal cancels any sell signal. ...
FX Empire3 days ago
U.S. Stock Markets Soar on Strong Quarterly Results; Netflix Posts 14% Gain After Closing Bell
The rally extended after the bell with investors turning towards Netflix for guidance. After the close, Netflix reported company earnings which easily beat analyst expectations and sent shares of the video-streaming giant up more than 14 percent in after-hours trading.
FX Empire4 days ago
Global Stocks Mostly Higher, Oil in Focus on US-Saudi Tensions
Global stocks trade mostly higher on Tuesday morning. The political tension between the US and Saudi Arabia over the disappearance of Jamal Khashoggi remains in focus.
FX Empire4 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Could Be Building Support Base for Rally into 7318.25 to 7415.25
Based on the early price action, the direction of the December E-mini NASDAQ-100 Index futures contract is likely to be determined by trader reaction to the main 50% level at 7057.00.
FX Empire4 days ago
Stocks Struggle as Earnings Season Kicks into High Gear
Later this week, traders will get a chance to react to earnings from Netflix, Morgan Stanley, Johnson & Johnson, Procter & Gamble and Honeywell. Investors will be keying in on Netflix, which releases its earnings report after the close on Tuesday because this stock is one of the bellwether FANGS.
FX Empire4 days ago
Wall Street Analysts Should Share Blame for Netflix, Tech Sector Weakness
When the Fed was throwing money at the market, everyone was an “investing genius” because all you had to do was buy shares and momentum did the leg-work. However, with value investing, there is no momentum or if there is, it’s to the downside.
FX Empire6 days ago
A Correction or Recession?
Rising US yields, along with the fears of a global economic slowdown have pressured global stock markets last week. Is this the start of a correction or a recession?
FX Empire6 days ago
Stocks Rebound, Yields Recover, Fed Watching Emerging Markets
U.S. Treasury yields snapped back on Friday as U.S. stocks rebounded from a steep sell-off earlier in the week. The rise in yields was fueled by investors who reversed their safe-haven buys of Treasurys during the height of the stock market sell-off. Bond yields move inversely to prices.
FX Empire8 days ago
Stock Market Sell-off: Trump Blames Fed, but Seasonality Also Factor
On Thursday, U.S. President Trump said that, “It’s a correction that I think is caused by the Fed and interest rates. ”“The first two weeks of October are historically biased to the downside – they are usually cleaning up a sell-off from September. We didn’t get much of one this year, but we are still in that negative two-week period,” Cashin said on CNBC’s Closing Bell.
FX Empire9 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 11, 2018 Forecast
Based on the early price action, the direction of the December E-mini NASDAQ-100 Index on Thursday is likely to be determined by trader reaction to the value zone at 6898.50 to 6822.75. Basically, look for an upside bias to develop on a sustained move over 7057.00 and a downside bias on a sustained move under 6822.75. Trading in between these levels will create choppy trading conditions.
FX Empire9 days ago
NASDAQ Composite Posts Biggest Single-Day Sell-off in More than 2-Years
The technology sector was the biggest drag on both the S&P 500 Index and the Dow with the NASDAQ Composite posting is largest single day sell-off since June 24, 2016. The overall tech sector in the S&P 500 posted its worst day in seven years, falling 4.8 percent.
FX Empire10 days ago
Global Stocks Steady as Markets Take Pause in the Decline. Dollar Gave Up Part of Recent Growth
On Wednesday morning the markets are dominated by mixed dynamics. Political events in Europe have somewhat drawn attention from the U.S. debt markets and there is still pressure on the bonds.
FX Empire10 days ago
Major U.S. Stock Indexes Swing Both Ways as Investors Adjust to Rate Increases
Traders returned from Monday’s Columbus Day holiday by driving the yield on the benchmark 10-year Treasury note above 3.25 percent in early trading, returning to its highest level since 2011. The yield on the 30-year Treasury bond rose above 3.43 percent, its highest level since 2014.
FX Empire10 days ago
Four Days Down from All-Time High is Too Early for Dow Investors to Panic
I’ve got news for you, bull markets don’t die this fast so expect some backing and filling over the near-term. I don’t see a “crash” coming, but short-term corrections are inevitable because rates are rising. These attractive higher rates are offering investors alternatives to the stock market for the first time in years and that’s alright for me.
FX Empire11 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 9, 2018 Forecast
Based on the early price action, the direction of the December E-mini NASDAQ-100 Index on Tuesday is likely to be determined by trader reaction to the price cluster at 7393.50 to 7398.00.
Market Realist11 days ago
Why the Global Economic Mood Soured in 2018
Towards the end of 2017, the term “synchronized global growth” cropped up. Markets started to price strong global growth in 2018. Copper, an indicator of global economic activity, rallied almost 8% in December 2017 and ended the year with 31.3% gains. Earlier in 2018, the IMF raised its 2018 global economic growth forecast to 3.9% from 3.8%.
FX Empire11 days ago
U.S., Europe, China – The Hotspots of Fear are Burning Everywhere
Although global stocks trade steady on Tuesday morning, the sentiment remains negative. High bond yields, oil prices, and geopolitical instability continue to weigh on financial markets.
FX Empire11 days ago
SP500 Index Changing Drastically
The S&P500 saw the biggest change since 1999. What might be the impacts of changes on investors? There are many of them, and in the long run, many of them are crucial.
FX Empire11 days ago
With Rates Rising Rapidly, Is It Too Early to Talk About Recession?
Last week, it was rapidly rising Treasury yields drawing money out of stocks and raising concerns over future earnings due to increasing financing costs. This week, the focus could shift to the consumer. This is because of rising mortgage rates for homeowners and buoying credit card bills for the typical consumer.
Market Realist12 days ago
What Would China 2.0 Bring the Global Economy?
China’s economic growth was led by higher infrastructure investments and growing exports. Companies like Apple (AAPL) used China as a manufacturing base due to its low-cost advantage. China has started to gradually progress from an investment-driven economy to a consumption-driven economy.
FX Empire12 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 8, 2018 Forecast
Based on the early trade, the direction of the December E-mini NASDAQ-100 Index is likely to be determined by trader reaction to the 50% level at 7462.00 and the 61.8% level at 7398.00. Basically, look for an upside bias on a sustained move over 7461.25 and for a downside bias on a sustained move under 7389.50.