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Is the NASDAQ (US100) a good stock to buy?

Let’s start with Nasdaq (US100) . Looking at the daily time frame, one can see that the index has been trading in an upward trend.The panic sell-off caused by the virus was erased and the US100 painted a fresh all time high. The index is now trading at the highest level in history.

Why is the NASDAQ 100 called US 100?

The NASDAQ 100 is also called US 100 on some trading platforms. NASDAQ trading volumes are known to be higher and more volatile than other major indices, which enables traders to speculate on day-to-day price fluctuations. Note that increased volatility also raises the risk of losses.

What are NASDAQ-100 points?

The Nasdaq-100 Points are the market value weighted impact on the value of the Nasdaq-100 Index attributable to each stock's intraday price change. For example, if the Nasdaq-100 Index is up 100 points and in this column Cisco has a positive 10 point change, then 10 of the 100 point gain is attributable to Cisco.

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