Nasdaq

NASDAQ index back above its 100 day moving average at 12336.32

• Traders trying to stay above the 100 day moving average for the 3rd day today

Nasdaq pushes back higher and looks to test the key retracement once again

• 38.2% at 12124.37

Selling in the NASDAQ index intensifies.

• Approaches its rising 100 hour moving average

Shopify warns that ecommerce growth hasn't materialized post-pandemic, cuts 10% of staff

• Big round of layoffs at Shopify

NASDAQ index extends to a new session high

• Index is now up 4 of the last 5 trading days

Netflix is up in after hours trade - Q2 earnings announcement

Some jitters creep into tech on a report that Apple to slow hiring

• Share of Apple lower fall

Stock market analysis, 17 July

• Did we just notice a counter attack or are we still in a sideways trading market?

Tech stocks are the new Energy stocks

Twitter suffers a global outage

• Twitter goes silent

Nasdaq stalls near 100 hour MA

• Sellers remain in control

NASDAQ index works back toward unchanged. Now turns positive on the day.

• Erases sharp declines seen at the open

Nasdaq technical analysis, 12 July

• Nasdaq futures technical analysis for 12 July, examining previous market prices and future key price levels to watch.

US stocks close lower on the day.

• Nasdaq streak comes to end

The comeback in stock markets continues and the dollar gives a bit back

• Lower yields = higher stocks