#NasdaqETFUpdate 📊 Is Technology Shining Again? 🚀💼
The Nasdaq ETF is showing clear signs of recovery after the recent correction wave, along with strong movements in major tech companies like Apple, Tesla, and Nvidia!
⬆️ Recent gains have put the index above the 50-day average again – a positive sign!
🧠 What’s happening?
Optimism in the market due to stronger-than-expected earnings reports
Temporary decline in bond yields = Increased appetite for risk
Inflow of new investments into Nasdaq-linked index funds
📈 Tip: Keep an eye on interest rate movements and upcoming unemployment data – the market is very sensitive right now!
Is the market gearing up for a new peak? Or is this just a bull trap? Keep your eye on the movement!