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Nasdaq 100 (NDX)

NASDAQ
Currency in USD
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18,254.69
-26.15(-0.14%)
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Nasdaq 100 Forum Discussions

17700
1550
entered a 3x short trade at 17630
missed the dip and closed out with 1% profit. Will re-enter soon though
Netflix has rallied over 13% on last night's outstanding results with Tesla on deck after the bell today. The chart looks very bull flaggish so I wouldn't be surprised to see a nother bull surge pumping the Naz yet again !
I've just noticed a sad post on an adjacent thread that the originator will recognise:- '' make a coffee, cry because the Nasdaq has gone up 1000 points, fry an egg, cry because the Nasdaq has gone up 15,000 points, go to bed'' (etc) - profound commiserations old chap, but have you not discovered the useful stop loss facility on your account? - Trading on margin can only work on the basis of small losses when you are wrong and large profits when you are right ! Good Luck.
Naz futures marked up today in anticipation of imminent big tech earnings with Netflix reporting tomorrow, Tesla on the 24th, Intel 25th and Microsoft / Alphabet on the 30th Jan. PCE inflation data this Friday might cause some volatility, not to mention the Fed rates decision on the 31st Jan which could blunt the bulls horns bigtime imho.
Inflation will rise again, so the Federal Reserve is printing money quickly and pumping it into the market in order to avoid a major crisis on the way, so it wants to mitigate it, but it will fail because here more than 7 trillion dollars have been printed and pumped into the markets, and that will cause a disaster soon.
Who's giving us bears the lube now? As you know now we can't buy our own... And the bull horn is getting thicker and thicker...
I am so numb now, I am just holding my position...might not be able to do for much longer though... Any insights? I believe we're just about at the tipping edge...
Search for Ron Walker trader - he has some recent videos on the topic which are interesting. He basically thinks a rug pull is coming, but maybe not for 2 weeks. Personally, I think this has gone up far, far too much already with no major pull back - it is ridiculous. Sure, the market can do what it wants, but this is just absurd. I have never seen an index go up in a straight line this much. It is being manipulated to close out shorts - no doubt about it.
I am holding a 3x chips bear, added more everytime it topped... I have 2x more than I originally started with... Fingers crossed...
It's incredible how there was so much volatility when futures opened, but then from the Asia open onwards (i.e. the last 9 hours +). there has been virtually no movement in price. Does this really strike you are normal price action? Where has all the demand that pushed the price up 10 hours ago gone? And why did they ALL decide to stop buying when Asian markets opened at 1am? And why did they ALL decide to stop buying when London markets opened at 8am? It's like future pricing is entirely made up based on absolutely nothing. Funny how it always goes up too - never goes down, does it? Free market my backside.
Completely normal futures price action - nothing to see here - move along now
So futures open 30 points higher than Friday's close? Why? What news have I missed?
What a load of bollockz….all f1xed up here
It's incredible how this is still going up. And by incredible, I mean flat out fraud.
A nice 500 point rally since Wednesday for the options expiration today! Hope you bulls had a few points and commiserations to you bears .....
ps - The index won't go very far today now the options traders have got the price where they want it - ie:- to keep the bearish punts out of the money ...
Bull stampede for the options expiration !! - now 290 points up !
Quick - sell your house / children / pets and BTFD! All in!
Lol
This could be a very massive pump before the dump...?
no dumpy only pumpy - pump to the moon forever and always ai ai ai!
I am gonna be bold and call 17,109.9 as the top. It is utterly bonkers that it's this high.
This reminds me of February 2023 when the FTSE 100 peaked at a new all time high of 8044. It was based on ridiculous optimism of the world, particularly China, getting back to normal after the pandemic. The same seems true for the Nasdaq 100 now - over the top optimism that rates will be cut hard and fast, and over the top optimism about AI. The fundamentals do not support the market's optimism, in my view. Not one bit.
Agreed - the AI hoo-haa resonates of crypto-buzz... How they were out to make fiat obsolete... Can never happen, now they are hailing AI as if it is the return of the prophet... It's really not...
I will revise my top call to 17,128.6 for (obvious reasons)! If that truly is the top, I wasn't far off! So far so good...
The 5 year chart is a perfect cup and handle signifying a big time break out possibility for the bulls - I don't see any fundamental near-term growth that can justify it before a correction to the actual rate cut season... Still Fridays by nature happen to be very treacherous so can't say where this frog will leap to - the Tech 100 future is comfortable above the 17k mark... Let's see...
Which direction will the Nasdaq 100 go today? A) Up... B) More Up... C) Really super up... D) All money on planet earth will go into Nvidia... TYPE YOUR ANSWER BELOW
The Fed will pull out the rug at any moment. People are just being educated that the markets fluctuate at this level so that money is caught during a violent decline.
Jobs data is bearish as is will lead Fed to pause or hike, and not cut, but watch the Nasdaq go up more anyway, lol.
BBC ~ 'Apple has once again been banned from selling two smartwatch models in the US, while a legal battle continues over a patent dispute.'
Ready For the Launch Dow and Nasdaq will be ready for a Rocket Ride...
On what fundamental basis will US indexes rise further?
Not many comments here lately. Is everyone as fed up with the Nasdaq 100 as I am?! Looks like it could start dropping now though!
What a surprise, it goes down and then it goes straight back up...
it's the options expiration on Friday, so a volatile week expected. Retail sales data tomorrow which could be a wild card. Good Luck y'all,,
TESLA @218 and AAPL @185 .77 NVIDA @547, if they were to increase by 3%, in the coming 2 weeks, we can see NQ @17300, remains to be seen, all over valued big time, since is a guess work mostly I think will go up further before we see the fall, no bias, price action was extremely weird on Friday
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