^NDX - NASDAQ 100
| Previous close | 6,092.6157 |
| Open | 6,114.4595 |
| Volume | 554,239,312 |
| Day's range | 6,102.1572 - 6,122.5571 |
| 52-week range | 4,647.5898 - 6,129.4902 |
| Avg. volume | 2,214,105,846 |
FX Empire•7 hours agoDow Jones 30 and NASDAQ 100 forecast for the week of October 23, 2017, Technical Analysis
Dow Jones 30 The Dow Jones 30 broke out to the upside during the course of the week, closing towards the top of the range. If there was ever a poster child for an overextended market, the Dow Jones 30 certainly looks as if it is right now. Because of this, unless you are already … Continue reading Dow Jones 30 and NASDAQ 100 forecast for the week of October 23, 2017, Technical Analysis
- FX Empire•21 hours ago
Market Snapshot – Markets Set to Continue Higher
Spain Continues to Cast Shadow The European stock markets opened on a bright note as the news of the tax reform bill being passed in the US helped to support the dollar and push it higher during the course of today. This also led to the belief that more goodies are in store for the … Continue reading Market Snapshot – Markets Set to Continue Higher
- FX Empire•22 hours ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 20, 2017 Forecast
December E-mini NASDAQ-100 Index futures are called higher shortly before the cash market opening. This index is the weakest of the three major indexes. The Dow and S&P 500 hit all-time highs earlier in the session. The NASDAQ is still recovering from yesterday’s steep sell-off. Daily Technical Analysis The main trend is up according to … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 20, 2017 Forecast
- FX Empire•yesterday
Powell, Cohn, Taylor, Warsh or Yellen – The Next FED Chair Will Decide the Economy’s Path
The Chair of the Federal Reserve, currently held by Janet L. Yellen is now up for grabs, with Yellen’s 4-year term due to end on 3rd February 2018. With the FED Chair considered to be the most influential central banker in the world, responsible for the world’s largest global economy, there’s plenty of focus, not … Continue reading Powell, Cohn, Taylor, Warsh or Yellen – The Next FED Chair Will Decide the Economy’s Path
- FX Empire•2 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 19, 2017 Forecast
December E-mini NASDAQ-100 Index futures are expected to open sharply lower based on the pre-market trade. Early in the session, the index crossed to the weak side of a steep uptrending angle and confirmed a closing price reversal top, both potentially bearish moves. Daily Technical Analysis The main trend is up according to the daily … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 19, 2017 Forecast
- FX Empire•3 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 18, 2017 Forecast
December E-mini NASDAQ-100 Index futures are trading higher on Wednesday on the back of stronger-than-expected earnings from IBM. Investors are also optimistic about U.S. tax reform. Daily Technical Analysis The main trend is up according to the daily swing chart. However, the index is still in the window of time for a potentially bearish closing … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 18, 2017 Forecast
- FX Empire•3 days ago
New Record Levels Possible on Wall Street, US Futures Point to a Slightly Positive Open
Wall Street may be ready for new record highs today. The Dow Jones Industrials is expected to resume its upwards pace upon opening. Tax reform and quarterly earnings continue to be a focus for investors. Average Earnings Index numbers from the U.K today showed an increase. Dow Jones Industrials to Set New Mark, Indexes Being … Continue reading New Record Levels Possible on Wall Street, US Futures Point to a Slightly Positive Open
- FX Empire•3 days ago
Global Stocks Rise, Dow Jones Reaching New Record Levels
Bank of England Governor Mark Carney sparked the Pound lower yesterday. ECB President Mario Draghi will be speaking today. The China National Congress began this morning. President Trump continues to talk tax reform. Trump Offers Christmas Gift, Dow Jones Industrials Near 23,000 Tax reform remained a focal point via the White House on Tuesday, as … Continue reading Global Stocks Rise, Dow Jones Reaching New Record Levels
- Market Realist•4 days ago
How Trump’s Tax Reform Plan Affects Semiconductor Companies
The US tech sector could see tax reforms that would improve its competitive stance. The proposal would reduce the corporate tax from 35% to 20% and introduce a territorial tax system.
- FX Empire•4 days ago
Market Snapshot – Pound Has Its Day Out
Pound Moves Lower The focus of the day was the pound as the market looked forward to the CPI inflation data and also the speech from Carney during the London session. The pound had been trading in a choppy manner over the last few days in anticipation of the loads of data that are scheduled … Continue reading Market Snapshot – Pound Has Its Day Out
- FX Empire•4 days ago
E-mini Dow Jones Industrial Average (YM) Futures Analysis – Trend Up, But Needs to Hold 22898 to Sustain Rally
December E-mini Dow Jones Industrial Average futures are trading higher on Tuesday, boosted by strong quarterly earnings results from UnitedHealth Group and Johnson & Johnson. The price action in the cash market indicates the Dow may hit 23,000 today. The Dow is also being supported by a rise in homebuilder confidence. The monthly sentiment index … Continue reading E-mini Dow Jones Industrial Average (YM) Futures Analysis – Trend Up, But Needs to Hold 22898 to Sustain Rally
- FX Empire•4 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trader Reaction to 6098.00 Will Determine Direction Today
December E-mini NASDAQ-100 Index futures are trading lower shortly after the opening. After hitting a new contract high at 6125.00 earlier in the session, investors started taking profits, driving the index lower into the opening. The early session rally was attributed to follow-through buying after Netflix reported strong earnings and revenue after Monday’s close. The … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trader Reaction to 6098.00 Will Determine Direction Today
- FX Empire•4 days ago
Carney Talks Inflation and Potential Move, Pound Drops after the Data
The Pound has seen fast trading and will continue to remain volatile today as Bank of England Mark Carney’s comments are digested via his dialogue with the British Treasury. Industrial Production numbers will come from the States today. Questions and Answers Churn Traders, Volatile Pound Next Few Hours The Pound has traded in a volatile … Continue reading Carney Talks Inflation and Potential Move, Pound Drops after the Data
- FX Empire•4 days ago
Mark Carney Takes his Turn in the Spotlight, Asian Shares Gain
Bank of England Governor Mark will speak today before the British Treasury. President Trump met with Senate leader Mitch McConnell yesterday to discuss tax reform. The National Congress of China begins tomorrow. Carney and Inflation Data Combine Today, Pound Volatility a Certainty Not only is Bank of Governor Mark Carney speaking later this morning, but … Continue reading Mark Carney Takes his Turn in the Spotlight, Asian Shares Gain
FX Empire•7 days agoDow Jones 30 and NASDAQ 100 Price forecast for the week of October 16, 2017, Technical Analysis
Dow Jones 30 The Dow Jones 30 rallied again during the week, testing the 22,900 level. The next obvious resistance barrier will be the 23,000 handle, and although I think we get there, it would not surprise me at all to see a little bit of a pullback. After all, we are starting to get … Continue reading Dow Jones 30 and NASDAQ 100 Price forecast for the week of October 16, 2017, Technical Analysis
FX Empire•7 days agoDow Jones 30 and NASDAQ 100 Price Forecast October 16, 2017, Technical Analysis
Dow Jones 30 The Dow Jones 30 initially rally during the day on Friday and then hugged the 24-hour exponential moving average. It looks as if we are trying to break above the 22,900 level, and then eventually will go looking to the 23,000 level which is my next target. I believe that pullbacks continue … Continue reading Dow Jones 30 and NASDAQ 100 Price Forecast October 16, 2017, Technical Analysis
- FX Empire•8 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Earnings, Low Inflation Opens Door to Further Rally
December E-mini NASDAQ-100 Index futures are trading higher at the mid-session. Today’s strength is being driven by earnings and low inflation. Daily Technical Analysis The main trend is up according to the daily swing chart. However, the current rally is 14 sessions long which puts the index inside the window of time to post a … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Earnings, Low Inflation Opens Door to Further Rally
- FX Empire•9 days ago
Market Snapshot – Bitcoin Prices Shoot Through $5000
Bitcoin Prices Rush Higher The star of the day has been bitcoin as its prices have shot through the all time highs and also through the psychological mark of $5000 and now trade close to the $5200 region. We have been warning of this move for the past few days and had said that it … Continue reading Market Snapshot – Bitcoin Prices Shoot Through $5000
- FX Empire•9 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 12, 2017 Forecast
December E-mini NASDAQ-100 Index futures posted an inside move on Wednesday. This usually indicates investor indecision and impending volatility. Daily Technical Analysis The main trend is up according to the daily swing chart. A trade through 6088.50 will signal a resumption of the uptrend. However, investors will have to watch the volume on this move … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – October 12, 2017 Forecast
- FX Empire•9 days ago
U.S. Dollar Pressured by Mixed Fed Minutes, Fading Hopes on Trump’s Tax Plan
The U.S. Dollar declined against a basket of currencies on Wednesday, hitting a two-week low, in reaction to the U.S. Federal Reserve minutes which revealed that central bank policymakers are open to an interest rate hike in December, but are still concerned about weak inflation. December U.S. Dollar Index futures settled at 92.83, down 0.276 … Continue reading U.S. Dollar Pressured by Mixed Fed Minutes, Fading Hopes on Trump’s Tax Plan
- FX Empire•10 days ago
Market Snapshot – All Eyes on the FOMC
Euro Bounces As Catalonia Backs Down The euro has been saved for the time being as Catalonia backed down from its call for independence. The referendum that took place in Catalonia a few days back had called for the state to become an independent country, free from the control of Spain, and this had placed … Continue reading Market Snapshot – All Eyes on the FOMC
- FX Empire•10 days ago
Fed’s Kaplan Says He’ll ‘Keep an Open Mind’ About Next Rate Hike
It was another relatively slow day as far as the economic reports were concerned on Tuesday. However, this may just be the calm before the storm ahead of Wednesday’s U.S. Federal Reserve monetary policy minutes, Thursday’s producer inflation data and Friday’s consumer inflation and retail sales reports. The National Federation of Independent Business’s (NFIB) index … Continue reading Fed’s Kaplan Says He’ll ‘Keep an Open Mind’ About Next Rate Hike
FX Empire•10 days agoDow Jones 30 and NASDAQ 100 Price Forecast October 11, 2017, Technical Analysis
Dow Jones 30 The Dow Jones 30 initially tried to rally during the day on Tuesday but rolled over to test the 22,750 level. I believe that given enough time there is plenty of buying opportunities below, perhaps reaching towards the 22,850 level again. I think that the 24-hour exponential moving average should continue to … Continue reading Dow Jones 30 and NASDAQ 100 Price Forecast October 11, 2017, Technical Analysis
- FX Empire•11 days ago
Market Snapshot – Bitcoin Prices Surge Higher
Bitcoin Prices Threaten All Time Highs Bitcoin prices have been staging one of the biggest turnarounds in its short history after being hit severely by the action from the Chinese regulators banning ICOs and bitcoin exchanges as well. This action led to a 20% drop in the bitcoin prices in a matter of few days. … Continue reading Market Snapshot – Bitcoin Prices Surge Higher
- FX Empire•11 days ago
U.S. Dollar Recedes Slightly but Remains Strong, Gold Extends Gains
Full trading will return to global markets today after holidays were celebrated in Japan, the U.S, and Canada on Monday. Fed member Kashkari will be speaking today. The U.K will present its Manufacturing Production numbers also. Wall Street Braces as Earnings Loom, Fed Member Kashkari Speaking Wall Street turned in a cautious day of trading … Continue reading U.S. Dollar Recedes Slightly but Remains Strong, Gold Extends Gains
