S&P 500 and NASDAQ 100 Analysis

TLDRStock volume remains low, but both S&P 500 and NASDAQ 100 are above previous highs. A clear shot into 1835-1837 range is expected.

Key insights

💼Volume remains low, indicating limited trading activity.

📈Both S&P 500 and NASDAQ 100 are holding above previous highs, showing positive momentum.

🎯A clear shot into the 1835-1837 range is expected based on the current upward trend.

📉Despite the positive trend, price movement has been sluggish and lacks strong volume support.

📊Equities and Bitcoin show signs of stagnation, with sideways movement and rejection at key levels.


Why is the stock volume low?

The current low volume indicates limited trading activity, possibly due to a lack of significant market-moving events.

What are the key levels to watch for in S&P 500 and NASDAQ 100?

S&P 500 is expected to push into the 1835-1837 range, while NASDAQ 100 should aim for above 5182 for bullish momentum.

What other factors should be considered for market analysis?

The overall economic calendar and upcoming data releases, such as jobless claims, can provide insights into market sentiment and potential impacts on trading activity.

How did Apple's announcement about an AI chip affect Nvidia?

While Apple's AI chip may affect other companies, it is unlikely to have a significant impact on Nvidia as they have limited business dealings with each other.

What are some potential bullish opportunities?

Stocks like Amazon, Netflix, and Metaverse-related companies show bullish potential, with strong earnings and positive price performance.

Timestamped Summary

00:00The S&P 500 and NASDAQ 100 have low trading volume.

01:40Both indices are holding above previous highs.

04:15A clear shot into the 1835-1837 range is expected for S&P 500.

09:35Netflix and Amazon are generating positive results.

10:32Metaverse-related companies, such as meta, have room for growth.