More Upside Ahead for NASDAQ

2021-07-23

I believe $NASDAQ-100 Index ETF(QQQ)$clearly has more room to climb as the big tech companies are set to release their earnings in the coming weeks and so far, results of Twitter and Snap were impressive! The results signal strong growth in ad-based social media companies which supported the theory that the economy is roaring back again. It is no surprise that we see $Facebook(FB)$ and $Alphabet(GOOG)$ surging in the after-hours trading. The momentum in these giants will likely push the broader Nasdaq-100 and Nasdaq to greater highs!

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