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⚡ NASDAQ surged 8.5% in May, climbing from $27,520.85 to an intraday high of $30,336.30. 📈 Reasons for the spike: - Explosive Q1 earnings. YoY earnings growth hit 29% — the economy is still expanding despite inflation. - Semiconductor rally. AI-driven demand sent chip stocks flying, leading broader market gains. - Anticipation of mega IPOs. Buzz around major AI IPOs, including SpaceX’s, injected fresh momentum into the sector. 🔮 What’s next for NASDAQ? The rally may continue if earnings keep outpacing inflation. 💡 Why trade NASDAQ now? High macro volatility creates solid intraday opportunities, especially on breakouts and trend confirmations. Will the stock keep rising or drop down? Share your forecast in the comments ⬇️
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