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The NASDAQ(NQZ6) contract overnight range was 30670.00 - 31065.50, NDX closed +0.82%. It is currently trading 31045 in the Asian session. The Index has broken up and extended to new all-time highs again overnight. Risk has reversed dramatically since the FOMC and a single stock like META being up around 30% for the mon
Market Overview The Fed raised rates by 25 basis points and stocks shrugged it off. The Nasdaq outperformed for the third week in a row and finished up 0.72%. The S&P 500 and Dow Jones Industrial Average finished 0.08% and 1.69% lower. Money looks to be rotating back into risk assets again, especially crypto. Remember