^NDX - NASDAQ 100
| Previous close | 9,079.63 |
| Open | 9,167.33 |
| Volume | 882,487,988 |
| Day's range | 8,807.11 - 9,183.78 |
| 52-week range | 6,936.68 - 9,736.57 |
| Avg. volume | 2,359,054,754 |
- FX Empire
IMF, US Government, Fed are Watching the Data, When They Should Be Listening to the Financial Markets
Financial market investors were ahead of the Fed before in 2018 and central bankers made three cuts in 2019. I think they are right again so I expect the Fed to cut its benchmark rate sooner rather than later in 2020.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Next Downside Target Zone 9344.25 to 9245.50
The technology index’s closing price reversal top and its subsequent confirmation led to a shift in momentum to the downside. This means were likely to see a further break into the retracement zone at 9344.25 to 9245.50.
- FX Empire
Fed’s Kashkari: Virus Could Deliver Negative ‘Shock’ That Could Force Fed to Lower Rates
The Federal Reserve is likely to keep interest rates where they are until mid-2020 but may need to cut them, Minneapolis Fed Bank President Neel Kashkari said.
- Investing.com
Synopsys Earnings Miss, Revenue Beats In Q1
Investing.com - Synopsys reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Needs to Hold 9599.25 to Sustain Upside Momentum
Holding above the first pivot at 9599.25 on Wednesday will give the March E-mini NASDAQ-100 index an upside bias.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Traders Still ‘Buying the Dip’
The price action suggests that the index will continue to move higher over the near-term until there is a break in the pattern. Buying one-day breaks and forming minor bottoms is the pattern.
- FX Empire
The Week Ahead – Economic Data, COVID-19 Updates and Geopolitics in Focus
It’s a busy week ahead, with private sector PMI numbers likely to reflect the impact of COVID-19 on economies. Falling cases should soften the blow, however.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Momentum Remains Strong on Close Over 9613.00
Based on the prolonged move up in terms of price and time and Friday’s price action, the direction of the March E-mini NASDAQ-100 Index into the close is likely to be determined by trader reaction to Thursday’s close at 9613.00.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Sellers Eyeing First Downside Target at 9479.50
Given the early inside move and the fact that this week’s rally has been driven by upside momentum, the direction of the March E-mini NASDAQ-100 Index on Thursday is likely to be determined by trader reaction to yesterday’s high at 9628.25.
- Investing.com
Kraft Heinz Earnings Beat, Revenue Misses In Q4
Investing.com - Kraft Heinz reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
- FX Empire
Powell: Fed Will Fight Next Recession with Aggressive QE; Monitoring Economic Growth for Coronavirus Impact
“The real question for the Fed is: What is the likely effect on the U.S. economy? And I think we’ll begin to see that in economic data coming up fairly soon.
- Investing.com
Cisco Offers Gloomy Outlook on Revenue; Earnings Beat in Q2
Cisco reported on Wednesday fiscal second-quarter results that topped consensus estimates, but offered a gloomy outlook on revenue. Cisco had reported EPS of $0.84 on revenue of $13.16 billion in the previous quarter. The company guided earnings in the range of 79 cents to 81 cents per share, with revenue expected to decline 1.5% to 3.5% in the fiscal third quarter year on year.
- FX Empire
Euro Sinks Under 1.1000, Aiming Lower
As the rate of growth of new coronavirus infections drops, demand for risk returns to the markets.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Has to Hold 9527.50 to Sustain Rally
Based on the early price action and the current price at 9577.00, the direction of the March E-mini NASDAQ-100 Index the rest of the session on Tuesday will be determined by trader reaction to Monday’s close at 9527.50.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Despite Bearish Close, Upside Momentum Still Strong
The direction of the March E-mini NASDAQ-100 Index futures contract the rest of the session on Monday is likely to be determined by trader reaction to the current intraday low at 9330.75.
- FX Empire
US Stock Market Overview – Stocks Slide on Profit Taking Despite Strong Jobs Data
Stocks drop on coronavirus fears
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Closing Price Reversal Top Suggests Momentum Shift
March E-mini NASDAQ-100 Index futures are in a position to post a daily closing price reversal top. If confirmed on Monday, this could trigger the start of a 2 to 3 day correction.
