NASDAQ index continues to surge. Now up 300 factors or 1.94%.

The NASDAQ index is at the moment up 300 factors or 1.92%. That is the biggest share acquire since February 22. For the coaching week, the NASDAQ in is now up 4.17% which represents the biggest weekly acquire this yr and the very best since October 30, 2023.

Technically, the worth is now buying and selling above its falling 100-day transferring common at 15878.60. Trying on the hourly chart, there’s a swing space between 15862 and 15925 (see yellow space on the chart above). That will give merchants some trigger for pause.

Winners as we speak embrace:

• Snap, +23.44%
• Alphabet +9.21%
• Tremendous Micro Computer systems +6.88%
• Nvidia +5.11%
• Snowflake +4.0%
• Broadcom +3.82%
• AMD, +3.16%
• Microsoft +2.74%
• Micron +2.80%
• Amazon +2.10%

The most important loser as we speak is Intel which is down -10.67% after disappointing earnings and for steerage. There was quite a few downgrades of the inventory as effectively. Exxon shares after earnings are down -2.61%. Chevron shares down -0.96% additionally after earnings this morning.