Tag: NASDAQ

We focus a lot on the Nasdaq chart in our public writings but also in the premium service Momentum Investing. The Nasdaq tends to be the market that leads stocks higher. In other words, getting uptrends in the Nasdaq right is useful for two distinct reasons. On the one hand, it is possible to benefit from a rising Nasdaq trends by picking top tech stocks. On the other hand, the Nasdaq, in its market leadership role, helps us in our understanding what the general market trend will look like. Typically, the Nasdaq tends to lead other segments of the market higher. Think of 2023, it was, once again, the Nasdaq that started moving higher, confirming there would be no recession, in a way confirming the soft landing, which eventually benefited most other stock market segments one way or another.

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