44 days ago • Posted by Paul de La Baume

Nasdaq100 remains in strong uptrend $QQQ #trading #CFD #Switzerland

Fundamentals for technology names continue to strengthen amid continued weak expectations and depressed levels of investor positioning. While Tesla took a hit as it told investors it will forgo profitability for greater market shares, IBM reported strong earnings. In semis, TSMC said it believes it is passing through the bottom of the cycle in the second quarter and its business in the second half of this year should be stronger. Keep an eye out for next week's most important earnings for US Big Tech.

#Stocks #Technical Analysis #Technology