- The Nasdaq 100 goes back 0.01% today, contributing currently in 18,255.
- Nvidia Corporation (NVDA) values lose 3.42%, reaching minimum of April 10 at 100.05 $.
- Workday shares (WDay) fall 2.99% today, operating currently over 220.90 $.
The Nasdaq 100 established a maximum of the day in 18,521, finding vendors that led the index to a minimum daily in 18,139. At the moment, the Nasdaq 100, operates over 18,255, losing 0.01% today.
Nvidia Corporation and Workday lead to Nasdaq 100 to negative field
Workday titles (WDay) retrode 2.95%, reaching minimum not seen since April 11 at $ 219.63, signing its second consecutive day down at $ 219.63.
Nvidia Corporation (NVDA) falls 2.93% on Thursday, reaching a week of one week not seen since April 10 at 100.05 $, leading losses in Nasdaq 100.
The Nasdaq 100 goes back 3 points in the day, in the middle of a day with little volume due to the Holy Week festivities.
Technical levels at Nasdaq 100
The Nasdaq 100 established a short -term resistance given by the maximum of April 9 in 19,226. The next key resistance zone is observed in 20,304, maximum of March 25. Down, the key support is found in 16,347, pivot point of April 7.
NASDAQ 100 DAILY GRAPH
Dow Jones Faqs
The Dow Jones Industrial Avenge, one of the oldest stock market indexes in the world, consists of the 30 most negotiated values in the United States. The index is weighted by the price instead of capitalization. It is calculated by adding the prices of the values that compose it and dividing them by a factor, currently 0.152. The index was founded by Charles Dow, also founder of the Wall Street Journal. In recent years it has been criticized for not being sufficiently representative, since it only follows 30 companies, unlike broader rates such as S&P 500.
There are many factors that promote the Dow Jones Industrial Average (DJIA) index. The main one is the added performance of the companies that compose it, revealed in the quarterly reports of business benefits. The American and world macroeconomic data also contribute, since they influence investor confidence. The level of interest rates, set by the Federal Reserve (FED), also influences the DJia, since it affects the cost of credit, on which many companies depend largely. Therefore, inflation can be a determining factor, as well as other parameters that influence the decisions of the Federal Reserve.
Dow’s theory is a method to identify the main trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Avenge (DJIA) and the Dow Jones Transportation Average (DJTA) and just follow the trends in which both move in the same direction. The volume is a confirmation criterion. The theory uses elements of maximum and minimum analysis. Dow’s theory raises three phases of the trend: accumulation, when intelligent money begins to buy or sell; Public participation, when the general public joins the trend; and distribution, when intelligent money abandons the trend.
There are several ways to operate with the DJ. One of them is to use ETF that allow investors to negotiate the DJ as a single value, instead of having to buy shares of the 30 companies that compose it. An outstanding example is the SPDR Dow Jones Industrial Avenge ETF (day). Future contracts on the DJ allow the specular operators about the future value of the index and the options provide the right, but not the obligation, to buy or sell the index at a predetermined price in the future. Investment funds allow investors to buy a part of a diversified portfolio of DJ values, which provides exposure to global index.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
