Nasdaq 100 (NDX) Analysis - December 3, 2024
Based on today's market data, here's a comprehensive analysis of the Nasdaq 100:
Today's Performance
The Nasdaq 100 is currently trading around 25,513 points. The index closed at 25,555.86, gaining 213.01 points (+0.84%) as of 5:16 PM EST on December 2.
Today's Trading Range:
Opening: 25,449.87
High: 25,622.58
Low: 25,369.36
Volume: 380,862,001
52-Week Performance
Over the past 52 weeks, the index has ranged from 16,542.20 to 26,182.10, representing an 18.91% gain over the past 12 months.
Technical Signals
Based on technical indicators and moving averages, the daily buy/sell signal is "Strong Buy".
2024 Performance Context
The Nasdaq-100 finished 2024 higher by 25% following a return of nearly 54% in 2023—its best two-year stretch since 1998 and 1999—and eclipsed 20,000 for the first time.
However, December saw a reversal with approximately three out of every five indexes experiencing losses, averaging down 4.0%. This followed the Fed's hawkish tone, as it reduced the number of expected rate cuts in 2025 to two from four.
Recent Index Reconstitution
On December 13, 2024, Nasdaq announced that Palantir Technologies, MicroStrategy, and Axon Enterprise will be added to the index effective December 23, 2024, while Illumina, Super Micro Computer, and Moderna will be removed.
Market Context
The index is currently navigating a period of consolidation after reaching near-record highs. Key factors influencing the market include Federal Reserve interest rate policy, valuations of mega-cap tech stocks (particularly the "Magnificent 7"), and ongoing developments in AI technology.
DISCLAIMER: This analysis is for informational purposes only and should not be considered financial advice. Trading in financial instruments involves significant risk, including the potential loss of principal. Past performance does not guarantee future results. Market conditions can change rapidly, and the information provided may not reflect real-time market movements. Always conduct your own research and consider consulting with a qualified financial advisor before making any investment decisions. The author is not a financial advisor and assumes no responsibility for any investment decisions made based on this analysis.
Based on today's market data, here's a comprehensive analysis of the Nasdaq 100:
Today's Performance
The Nasdaq 100 is currently trading around 25,513 points. The index closed at 25,555.86, gaining 213.01 points (+0.84%) as of 5:16 PM EST on December 2.
Today's Trading Range:
Opening: 25,449.87
High: 25,622.58
Low: 25,369.36
Volume: 380,862,001
52-Week Performance
Over the past 52 weeks, the index has ranged from 16,542.20 to 26,182.10, representing an 18.91% gain over the past 12 months.
Technical Signals
Based on technical indicators and moving averages, the daily buy/sell signal is "Strong Buy".
2024 Performance Context
The Nasdaq-100 finished 2024 higher by 25% following a return of nearly 54% in 2023—its best two-year stretch since 1998 and 1999—and eclipsed 20,000 for the first time.
However, December saw a reversal with approximately three out of every five indexes experiencing losses, averaging down 4.0%. This followed the Fed's hawkish tone, as it reduced the number of expected rate cuts in 2025 to two from four.
Recent Index Reconstitution
On December 13, 2024, Nasdaq announced that Palantir Technologies, MicroStrategy, and Axon Enterprise will be added to the index effective December 23, 2024, while Illumina, Super Micro Computer, and Moderna will be removed.
Market Context
The index is currently navigating a period of consolidation after reaching near-record highs. Key factors influencing the market include Federal Reserve interest rate policy, valuations of mega-cap tech stocks (particularly the "Magnificent 7"), and ongoing developments in AI technology.
DISCLAIMER: This analysis is for informational purposes only and should not be considered financial advice. Trading in financial instruments involves significant risk, including the potential loss of principal. Past performance does not guarantee future results. Market conditions can change rapidly, and the information provided may not reflect real-time market movements. Always conduct your own research and consider consulting with a qualified financial advisor before making any investment decisions. The author is not a financial advisor and assumes no responsibility for any investment decisions made based on this analysis.
Trade ist aktiv
Open LONGAnmerkung
Long still open. Nice potential I seeAnmerkung
still open
Live M5 Scalping🔴 youtube.com/@ZakopiecFX
CopyFX & MembersFX t.me/MembersFX
Scanner LIVE TREND🔴 youtube.com/@ZakopiecFX
CopyFX & MembersFX t.me/MembersFX
Scanner LIVE TREND🔴 youtube.com/@ZakopiecFX
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Live M5 Scalping🔴 youtube.com/@ZakopiecFX
CopyFX & MembersFX t.me/MembersFX
Scanner LIVE TREND🔴 youtube.com/@ZakopiecFX
CopyFX & MembersFX t.me/MembersFX
Scanner LIVE TREND🔴 youtube.com/@ZakopiecFX
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.