^NDX - NASDAQ 100
| Previous Close | 7,493.27 |
| Open | 7,458.44 |
| Volume | 722,775,132 |
| Day's Range | 7,323.52 - 7,482.35 |
| 52 Week Range | 5,895.12 - 7,700.56 |
| Avg. Volume | 2,554,373,934 |
- FX Empire•yesterday
The Weekly Wrap – Brexit, the FED and Economic Data Drove the Majors
While a Brexit extension cut the Pound’s losses for the week, risk aversion and a yield curve inversion drove demand for the Greenback and the Yen.
- FX Empire•yesterday
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – In Position to Post Potentially Bearish Closing Price Reversal Top
Based on the current price at 7402.00, the June E-mini NASDAQ-100 Index is in a position to post a closing price reversal top. This could give the index a downside bias into the close.
- FX Empire•2 days ago
Growth Fears Compounded By Weak Data, Brexit Delay Granted, Xi Jinping Goes To Italy
Growth fears weigh on equities as weak data and trade worry compounds negative sentiment.
- FX Empire•2 days ago
Powell Sees Strong Economic Fundamentals but Yield Curve Leaning Toward Recession
Based on these comments, Powell falls smack in the middle of the S&P Global Ratings conclusion and the yield curve predictions. He doesn’t see a recession like the yield curve is predicting, but he doesn’t see a rate hike coming either.
- FX Empire•3 days ago
Equities Fall On Growth Concerns, Brexit Turmoil Rocks EU, Asia Mixed With US/China Trade In Question
Growth outlook, Brexit Chaos, and Trade fears weigh on global indices with no end to the turmoil in sight.
- FX Empire•3 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – March 21, 2019 Forecast
The key level to watch today is the minor bottom at 7349.50. The market hit this low early Wednesday on renewed concerns over U.S.-China relations.
- FX Empire•3 days ago
Fed Says “No” to Rate Hikes While Futures Traders See Nearly 50% Chance of Rate Cut
“The fed funds futures market is assigning a 47.8 percent probability of at least one rate cut by January 29, 2020,” according to the CME’s FedWatch tool.
- FX Empire•4 days ago
Stocks Falter, Trade Fear Flares Up, FOMC Announcement On Tap
The FOMC statement is due out this afternoon and will move the market, one way or another.
- FX Empire•4 days ago
U.S. Stock Market Rally Fizzles Amid Confusion Over Trade Deal
Supporting the U.S. stock markets early in the session were the start of the U.S. Federal Reserve monetary policy meeting. Going into Wednesday’s key Fed announcements, investors are pricing in zero chance of a rate hike. Additionally, investors aren’t looking for much change in the central bank’s monetary policy statement.
- FX Empire•5 days ago
Futures Rise On Fed Hope, Brexit Blocked In UK, RBA Sees Risk And Uncertainty In Global Markets
FOMC meeting in sharp focus, Brexit Blocked, markets flat but big moves are in store.
- FX Empire•5 days ago
Amazon, Apple Re-Emerging as Tech Leaders While Facebook Falters
The divergence between the Dow and the other major indexes can be explained by the plunge in shares of Boeing. However, as far as Facebook is concerned, investors have to remember that this stock began to weaken months before the broad-based sell-off began in October 2018. This is something to keep in mind as we approach first quarter earnings season, which is already raising concerns about growth.
- FX Empire•6 days ago
FOMC Meeting Comes Into Focus, Basic Resources Leads, Concrete Progress On Trade
Another FOMC meeting comes into focus while traders wait anxiously for news on U.S./China trade talks.
- FX Empire•6 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Major Weekly Price Cluster at 7383.00 to 7383.25 Controlling Direction
Based on last week’s close at 7343.25, the direction of the June E-mini NASDAQ-100 Index the rest of the week is likely to be determined by trader reaction to a price cluster at 7383.00 to 7383.25.
- FX Empire•8 days ago
The Weekly Wrap – Brexit and Trade Optimism Drive the Majors
The Pound was the leader of the pack, with a vote against a no-deal departure and a Brexit extension providing much-needed support.
- FX Empire•8 days ago
US Stock Market Overview – Tech Shares Continue to Generate Tailwinds
The VIX collapses showing confidence is rising
- FX Empire•9 days ago
Stocks End Winning Streak on Renewed Concerns Over US-China Trade Relations
Investors continued to grow impatient of the process to construct a trade deal between the two economic powerhouses. The two countries are still expected to reach a deal, however, optimism may be fading. This could put short-term pressure on the markets. New Home Sales missed the estimate, falling 6.9 percent in January. Traders said the government shutdown may have kept buyers on the sidelines. Facebook shares slid 1.9 percent after a worldwide outage of its core app, Instagram and WhatsApp.
- FX Empire•10 days ago
Trade Fears Resurface, No-Deal Brexit Is Off The Table, China Industrial Output Falls In February
No-Deal Brexit is off the table, at least that’s what the UK says, but it may not matter. If the EU doesn’t agree the UK may have no choice.
- FX Empire•10 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – March 14, 2019 Forecast
Based on the early price action, the direction of the March E-mini NASDAQ-100 Index is likely to be determined by trader reaction to the downtrending Gann angle at 7317.00.
- FX Empire•10 days ago
Solid US Economic Data Allows Fed to Remain “Patient” While China Waits for Stimulus to Trickle Down
So while the solid U.S. economic data allows the Fed to sit back and be “patient”, U.S. stock market investors can continue to buy with confidence. In the meantime, Chinese investors have to sit back and wait for the hundreds of billions of dollars in additional tax cuts and infrastructure spending to work its way through the economy. That is, of course, unless a trade deal is reached over the near-term.
- FX Empire•10 days ago
US Stock Market Overview – Stocks Rally Driven By Energy as Crude Surges Higher
Boeing continues to weigh on the Dow Industrials
- FX Empire•11 days ago
Brexit Bombshell, Another Brexit Vote Due Today, Futures Up But Fears Linger
May’s Brexit deal gets voted down again, now lawmakers must decide what to do next and that decision will move the market.
- FX Empire•11 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trading on Strong Side of Major Retracement Zone at 7022.25 to 6792.75
Based on Tuesday’s price action, the direction of the March E-mini NASDAQ-100 Index on Wednesday is likely to be determined by trader reaction to the former main top at 7211.50.
- FX Empire•11 days ago
Stock Market Forecast – Technology Shares Continue to Rally
Stocks close mixed, Boeing weighs on Dow Industrials
- FX Empire•12 days ago
Brexit Moves Asia, May Secures Binding Concessions, U.S. Inflation In Focus
Theresa May secured legally binding changes to the Irish Backstop but the AG says its not enough to protect the UK.
- FX Empire•12 days ago
Risk Appetite in Asia Surges as UK Prime Minister May Secures Brexit Assurances
Risk appetite jumped early Tuesday as speculative buyers reacted positively to the news that U.K. Prime Minister Theresa May might be closer to securing approval for her Brexit deal.
