#NasdaqETFUpdates NASDAQ ETF Update A Quick Snapshot

Tech on Fire: The NASDAQ ETF had a strong day, riding on the back of solid gains in tech giants. AI buzz continues to lift the sector.

Uptrend Intact: The ETF stayed above key moving averages showing bullish momentum. Buyers are clearly in control for now.

Fed Watch: Investors are keeping an eye on inflation data and upcoming Fed comments. Any signal of rate cuts could juice the ETF further.

Volume Check: Trading volume was moderate hinting that while the rally has legs it's not full blown FOMO mode yet.

Sector Boost: Semiconductor and cloud stocks led the charge. It continues to act like the poster child of this tech run.

Caution Zone: Some analysts are warning about overbought conditions. So a short term pullback wouldn’t be a shocker.

ETF Flows: Inflows into NASDAQ-tracking ETFs remain strong showing continued investor interest in growth and innovation.

What to Watch: Keep tabs on CPI numbers and big tech earnings. Those will likely steer the ETF's next move.