NASDAQ-100 ($NDX) Index Forecast: Down 1.4% Today

What is NASDAQ-100?

The NDX, or Nasdaq 100 index, comprises 100 major domestic and international non-financial companies listed on the Nasdaq Stock Market, with a focus on technology and growth stocks.

Why is NASDAQ-100 going down?

NDX index is down 1.4% on Apr 28, 2026 11:55

• Today's downward trend in the NDX is linked to Michael Burry's reveal of new short positions on semiconductor stocks, causing a 2% drop in the SOXX semiconductor ETF. Burry's doubts about the market rally relying on technical aspects rather than solid fundamentals likely unsettled investors, prompting a tech-heavy Nasdaq 100 index sell-off.
• Alongside, uncertainties stemming from President Trump's cancellation of Iran talks and upcoming Federal Reserve meeting expectations of unchanged rates could have also contributed to market unease due to geopolitical tensions.
• Developments such as Organon's acquisition deal, SAP's accelerated cloud adoption, and Cheetah Net's stock split announcement may have impacted investor sentiment and trading activity within the index.

NDX Price Chart

NDX Technical Analysis

NDX News

Michael Burry Just Did Another 'Big Short' — As Historic Chip Stock Rally Finally Snaps

Michael Burry disclosed new short positions on semiconductor stocks, purchasing January 2027 puts on the SOXX semiconductor ETF at a $330 strike price, implying a 27% drawdown. The disclosure coincided with SOXX snapping its historic 18-day winning streak with a 2% decline on Monday. Burry attributes the rally to technical factors rather than fundamentals, noting the index was trading 43% above its 200-day moving average with RSI near 85. The selloff occurred as seven semiconductor companies prepare to report earnings this week.

https://www.benzinga.com/markets/large-cap/26/04/52076753/michael-burry-big-short-chipmaker-semiconductor-soxx-puts-chip-rally-snaps?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Wall Street Says 'Sell In May And Go Away': History Says Otherwise

Bank of America's chief technical strategist Paul Ciana challenges the traditional 'sell in May and go away' investment strategy, presenting historical data showing that weakness is actually back-loaded into August-October rather than May-October. Analysis reveals June-August is the second-strongest three-month period, while August-October is the only period since 1928 with negative average returns. The Nasdaq 100 shows particular strength in May, averaging +2.19% gains since 1986.

https://www.benzinga.com/markets/large-cap/26/04/52066308/sell-in-may-and-go-away-debunked-bofa-paul-ciana-seasonality?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Stock Market Today: Dow Futures Fall, S&P 500 Gains As Trump Halts Iran Talks— Organon, SAP, Cheetah Net Supply Chain Service In Focus (UPDATED)

U.S. stock futures fell on Monday as President Trump canceled Iran talks, citing divisions within Tehran. The market awaits the Federal Reserve's Wednesday meeting with 100% likelihood of unchanged rates. Key movers include Organon jumping 15% on a $11.75B acquisition deal, SAP rising 6.14% on cloud adoption acceleration, and Cheetah Net plummeting 22.12% following a reverse stock split announcement.

https://www.benzinga.com/markets/equities/26/04/52055312/stock-market-today-dow-jones-sp-500-futures-fall-as-trump-halts-iran-talks-organon-sap-cheetah-n?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

The Mistakes I Keep Seeing ETF Investors Make With "Set It and Forget It" Funds

The article warns ETF investors against common pitfalls in passive investing. Key mistakes include confusing multiple fund ownership with true diversification, failing to rebalance portfolios periodically, and overlooking concentrated positions in tech-heavy ETFs. The Magnificent Seven stocks now represent 44% of the Invesco QQQ ETF, creating excessive concentration risk. Investors should regularly review portfolio composition and rebalance to maintain their target asset allocation.

https://www.fool.com/investing/2026/04/26/mistakes-etf-investors-make-with-set-it-forget-it/?source=iedfolrf0000001

Stock Market Today: Dow Jones, S&P 500 Futures Slide As Iran Peace Efforts Stall— Tesla, ServiceNow, Boeing In Focus

U.S. stock futures declined on Thursday following Wednesday's record-breaking surge, as peace efforts in the Iran war stalled amid vessel seizures in the Strait of Hormuz. Major indices fell slightly, with the Dow down 0.56%, S&P 500 down 0.38%, and Nasdaq 100 down 0.31%. Key earnings reports showed mixed results: Tesla and Boeing beat expectations but declined in premarket trading, IBM dropped 8.6% despite beating earnings, Texas Instruments surged 10.67% on strong results, while ServiceNow plummeted 13.5% due to Middle East conflict impacts on subscription revenues.

https://www.benzinga.com/markets/equities/26/04/51991478/stock-market-today-dow-jones-sp-500-futures-slide-as-iran-peace-efforts-stall-tesla-servicenow-b?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Trending Today

Tilray Inc. ($TLRY) Stock Forecast: Down 5.3% Today

Incyte Corporation ($INCY) Stock Forecast: Up 1.3% Today

Applied Materials Inc. ($AMAT) Stock Forecast: Down 5.0% Today

Credo Technology Group ($CRDO) Stock Forecast: Down 7.3% Today

United Parcel Service Inc. ($UPS) Stock Forecast: Down 4.9% Today

ON Semiconductor Corporation ($ON) Stock Forecast: Down 5.2% Today

Alcoa Corporation ($AA) Stock Forecast: Down 5.1% Today

Universal Health Services Inc. ($UHS) Stock Forecast: Down 6.9% Today

Albemarle Corporation ($ALB) Stock Forecast: Down 5.1% Today

Packaging Corporation of America ($PKG) Stock Forecast: Up 3.1% Today

NASDAQ-100 Price History

02.02.2026 - NDX Index was up 0.7%

• The NDX showed a notable upward trend today, surpassing other prominent indices such as the Dow Jones and S&P 500.
• The positivity in the market could be linked to strong earnings performances from tech giants like Nvidia and Dell, which exceeded predictions and bolstered investor trust in the tech sector.
• Furthermore, the overall market enthusiasm, influenced by growth-focused policies in Japan and a stable U.S. economic outlook, likely played a role in the NDX's rise.
• The upcoming release of the January producer price index data may have also impacted market sentiment, prompting investors to make strategic moves in anticipation of the announcement.

28.03.2026 - NDX Index was down 1.4%

• Today's downward trend in the NDX is linked to Michael Burry's reveal of new short positions on semiconductor stocks, causing a 2% drop in the SOXX semiconductor ETF. Burry's doubts about the market rally relying on technical aspects rather than solid fundamentals likely unsettled investors, prompting a tech-heavy Nasdaq 100 index sell-off.
• Alongside, uncertainties stemming from President Trump's cancellation of Iran talks and upcoming Federal Reserve meeting expectations of unchanged rates could have also contributed to market unease due to geopolitical tensions.
• Developments such as Organon's acquisition deal, SAP's accelerated cloud adoption, and Cheetah Net's stock split announcement may have impacted investor sentiment and trading activity within the index.

02.03.2026 - NDX Index was up 0.0%

• The bullish movement in the NDX can be attributed to the positive market sentiment following an announcement regarding a potential resolution to the Iran conflict within two to three weeks by President Trump. This has eased geopolitical tensions and boosted investor confidence.
• The surge in crude oil prices due to extended military strikes on Iran also contributed to driving up the NDX. Higher oil prices can benefit tech companies within the index that rely on energy for their operations.
• The significant market divergence between crude oil prices and the S&P 500, with a rise in crude oil prices and a decline in the S&P 500, may have led investors to seek opportunities in tech-heavy indices like the Nasdaq-100 for better returns.
• The overall market volatility, driven by concerns about the Iran conflict, oil prices, and potential recession, may have prompted long-term investors to stay invested in index funds like the NDX as a safer option amidst the uncertainty.

24.02.2026 - NDX Index was up 0.3%

• The NDX experienced a strong bullish movement today, likely driven by President Trump's announcement of a temporary halt to U.S. military strikes on Iranian energy infrastructure, leading to a relief rally in the markets.
• Senator Rand Paul's criticism of additional military funding for the Iran war and concerns over the national debt may have also contributed to the positive market sentiment.
• Despite ongoing geopolitical tensions and military actions in the Middle East, certain sectors like technology stocks within the NDX index performed well, indicating investor confidence in the resilience of the market.

20.02.2026 - NDX Index was down 0.5%

• The bearish movement in the NDX index today can be attributed to:
• The $820 billion market rout and surging oil prices causing concerns about inflation and economic stability.
• The Federal Reserve's patient stance on interest rates, despite market volatility, leading to uncertainty among investors.
• Geopolitical tensions, such as President Trump's warning to Iran, adding to market jitters and impacting investor sentiment.
• The overall market sentiment being influenced by factors like rising Treasury yields, stagflation fears, and fluctuating commodity prices.

05.01.2026 - NDX Index was down 2.2%

• The bearish movement in the NDX today could be due to a tech sector rotation following a significant market selloff.
• Recent comments by Federal Reserve Governor Lisa Cook on persistent inflation exceeding Fed targets and concerns about a 'K-shaped' economy may have increased investor uncertainty, leading to tech stock sell-offs.
• Investor focus on alternate sectors and the approaching earnings report from Amazon might have prompted portfolio adjustments, contributing to the NDX's bearish trend.
• The market's mixed sentiment, with Dow Jones futures and Nasdaq declining, signifies investor caution amidst economic uncertainties and potential Fed policy adjustments.

23.03.2026 - NDX Index was down 0.9%

• The bearish movement in the NDX index today can be attributed to the overall decline in U.S. stock futures, with major indices like the Dow Jones, S&P 500, and Nasdaq 100 all down. This negative sentiment was influenced by stalled peace efforts in Iran, leading to concerns about geopolitical tensions impacting the market.
• Despite the extension of the Iran ceasefire by President Trump, investors remained cautious, causing a slight decline in the market initially. However, the rebound in after-hours trading indicates a shift in focus back to tech stocks, which have been performing well amidst fading concerns about the war.
• Key earnings reports from companies like Tesla, Boeing, IBM, Texas Instruments, and ServiceNow also played a role in the market movement. Mixed results and impacts from the Middle East conflict on subscription revenues contributed to the volatility in the tech sector.
• The overall market sentiment seems to be influenced by geopolitical developments, earnings reports, and investor reactions to news related to the Iran ceasefire, highlighting the importance of staying informed about global events and their potential impact on stock prices.

23.02.2026 - NDX Index was up 1.9%

• The NDX had a significant upward trend today, reflecting prevailing market sentiment.
• An announcement from President Trump about a halt on military actions against Iranian energy assets and talk of potential peace negotiations sparked a positive reaction in the markets.
• While Iran refuted the claims of discussions, the news instilled a sense of hope among investors, resulting in a recovery of stocks most affected by tensions in the Middle East.
• Investor interest in safe-haven assets amid geopolitical uncertainties and economic instabilities led to favorable performances by gold miners and construction-related ETFs.

23.02.2026 - NDX Index was up 2.7%

• Despite geopolitical tensions and market uncertainty, the Invesco QQQ ETF saw a strong bullish movement, indicating resilience in the technology sector.
• Gold prices surged amid inflation concerns, while crude oil rose due to disruptions in global energy markets, contributing to the bullish movement in the NDX index.
• Historical analysis suggests that staying invested during market downturns has historically been rewarded, which could explain the positive movement in the NDX index despite the overall market conditions.
• The Fed's expected decision to hold rates steady in April with a high probability may have also provided some stability and confidence to investors, contributing to the bullish movement in the NDX index.

09.02.2026 - NDX Index was up 3.0%

• The surge in oil prices due to the Iran-US conflict led to a sharp decline in major indices like the Dow Jones and S&P 500. However, the tech-heavy Nasdaq 100 managed to buck the trend and experience a bullish movement.
• The positive performance of companies like Hims & Hers and UniQure, driven by resolving disputes and FDA clarity, respectively, likely contributed to the overall bullish sentiment in the tech sector.
• The contrasting views on ETFs like Invesco QQQ and Vanguard Total Stock Market ETF might have influenced investor sentiment, with some preferring broader market exposure while others focusing on specific sectors like tech.
• The warning about the sustainability of exceptional performance in tech-heavy ETFs like Invesco QQQ could have led investors to seek opportunities in other sectors, potentially benefiting the Nasdaq 100 index.

17.01.2026 - NDX Index was down 0.8%

• The Nasdaq 100 experienced a strong bearish movement today, potentially aligning with seasonality patterns signaling a forthcoming decline post a March peak.
• Variability in the performance of individual stocks like Roku and Expedia Group, despite surpassing earnings expectations, could have contributed to the prevailing negative market sentiment.
• Examination of leveraged ETFs as speculative instruments underscores heightened risks and market volatility, potentially amplifying the bearish movement in the Nasdaq 100 today.
• Speculations around unchanged Fed rates in March and the probable influence of the upcoming CPI data may have also played a role in the market's bearish trend.

07.03.2026 - NDX Index was up 2.5%

• UnitedHealth Group surged 6.86% due to favorable Medicare Advantage payment rates, contributing to the overall bullish sentiment in the market.
• Silo Pharma jumped 45.31% following a patent approval for PTSD treatment, adding to the positive momentum of the NDX index.
• Phillips 66 declined 0.75% as a result of reported losses from rising oil prices amid geopolitical tensions, which did not significantly impact the overall bullish trend of the market.
• President Trump's announcement of an extension of military strikes on Iran led to a significant surge in crude oil prices, creating a historic market divergence with the S&P 500, but this geopolitical escalation did not hinder the NDX index from its bullish movement.