Why the Nasdaq Is Climbing While Others Stay Low

Why the Nasdaq Is Climbing While Others Stay Low

Investors seemed to wait for good news. A two‑week cease‑fire gave the market a short breather. Even though the S&P 500 and Dow Jones closed lower on Friday, they still ended the week on solid ground. The Nasdaq Composite rose for the eighth day in a row, and its strength is worth a closer look.

What the Sectors Are Doing

Technology led all S&P 500 sectors this week. Energy fell to the bottom. This is a big change from the last few weeks, when energy had been in front.

Not All Tech Stocks Followed the Trend

Only some tech stocks helped push the Nasdaq higher. Semiconductor companies lifted the index, but software firms kept struggling. You can compare the iShares Expanded Tech‑Software Sector ETF (IGV) with the VanEck Semiconductor ETF (SMH) to see the difference.

See a chart comparison here.

Finding the Biggest Movers

One easy way to spot strong stocks is the New Highs panel on the Market Summary page. Click the Weekly Highs tab. In the picture below, 8 % of Nasdaq‑100 stocks hit an all‑time high this week, while 39 % reached a one‑month high.

Nasdaq highs

When you click the percentage, you’ll see the eight Nasdaq‑100 stocks that made new highs. Six of them are semiconductor firms; the other two are hardware makers.

How the Panel Helps You

The New Highs panel does more than show a strong index. It tells you which groups are leading the rise. For example, in the Dow Transports index, no stock hit an all‑time high, but 60 % made a new one‑month high. Trucking and airline stocks appeared on that list, which is interesting when oil prices are climbing.

Clicking a percentage opens a list of stocks that meet the criteria. You can sort the list by industry and by the StockCharts Technical Rank (SCTR) to spot leaders in each sector.

Industry scan

💡 Tip: Use the green Save to ChartList button to keep the scan results for later.

New Highs vs. New Lows

Compare the New Highs panel with the New Lows panel. Are more stocks making fresh highs or fresh lows? Which industries are getting stronger? Which stocks are pulling away from the crowd?

Even if you are a retail investor, these panels give clues about where money is flowing. They help you focus on the parts of the market that matter most.

Make checking the Market Summary a regular habit. Over time, patterns will appear, and you can make calmer, more logical investing choices.

Happy investing!


Source: Materials provided by https://articles.stockcharts.com.
Note: Content may be edited for style and length.

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