The good thing about the current world and situation is that the situation of NASDAQ 100: XNDX at https://www.webull.com/quote/idxnasdaq-xndx continues to improve. There is nothing that is keeping it down as it has seen a drastic rise up to 10,000, which is the new high. You might wonder something near nine thousand would work but with this kind of high, you will see that the buyers are going down and something that might surprise many of you the graph of its rise never seems to come down or become flat.
The pattern is shown by the NASDAQ 100 in the recent past
With everyone in the world under lockdown, the economy of many countries has suffered a lot. There is hardly any sector in the world that will say that they have made the most out of the pandemic time period. The case with NASDAQ 100: XNDX is that they are dealing with all the giants such as Facebook, Tesla, Microsoft, Netflix, and Amazon. The major portion of their lies with these big firms that are continuously being used during this time. But when you sit to think and contemplate the facts that during this time, many companies that are serving in home entertainment should have benefited. Well in this case, you are right, there is a thirty-five percent increase in the index and it continues to rise. With such kind of services around the corner you don’t know what to expect. All you need to understand is that NASDAQ 100 will rise continuously.
Will this rise continue for a long time?
The market is a very fickle place and to make a big commitment about it is something that an amateur would do. With everything coming back to normal, one thing is quite clear that people have discovered ways to make money and even if the rise is not that high, but the future profits in this particular stream would never fall. If today it is at a high of 10,000, even if it falls in 9000, it has got very massive backing and support.
What is the bigger question?
The question, for now, is if the market will go straight up or it will stay stagnant, this is something that is the part of the big debate and people need to focus on this more than speculating the outcomes of NASDAQ 100. People who are more comfortable with others can switch, but one thing is quite clear from the current situation that is in the future, there nothing in the world that is stopping NASDAQ from growing. You can also check adi stock at https://www.webull.com/quote/nasdaq-adi