We look at the factors affecting the US Technology index and where should traders and investors expect the market to move next, including some of the latest NASDAQ 100 forecast & price predictions from analysts, as well as a Q3 earnings preview.
Tech stocks took center stage in the three quarters of 2023, with the Nasdaq 100 rising to 18-month highs. The US Tech 100 index rose 48% during 2023, marking also the best first-half performance since 1999. With a historical 61.44% gain in the second half of 1999, glory times shortly ended. Just two months later in the 1st quarter of 2000 index peaked at 4816.15, for the next 15-plus years.
Apple, Alphabet, Amazon, Meta, Microsoft, NVIDIA, and Tesla – which collectively make up 55% of the Nasdaq 100 and almost 28% of the S&P 500 – outperformed the wider market and proved to be the propellant that pushed both indices to their highest level in over a year. Apple and Microsoft both climbed to fresh all-time highs, as did Wall Street’s favourite AI stock NVIDIA, which tripled in value and joined the $1 trillion club.
The tech-heavy Nasdaq 100 has outperformed in part due to a recovery in tech equities after the decline we experienced in 2022. The worldwide "artificial intelligence" craze has propelled gains. Relief following the debt ceiling agreement, inflation cooling, and FOMO have also helped the indices push higher.
Looking forward, there are two more Fed meetings, as well as midterm elections, and Q3 earnings report before this year ends. Historically, equity markets tend to underperform during midterm cycles, but “seasonality” is positive in Q4 and following Election Day. Will Jerome Powell and company be able to thread the needle with future hikes? Will we avoid a Dot Com/Global Financial Crisis-like decline? Time will tell.
NASDAQ-100 Forecast & Price Predictions Summary
- Nasdaq-100 forecast Q4 2023: Price action heading into the end of the third quarter accumulated multiple weekly declines on the way to support at 14,500 which is yet to really be tested. With the hiking potentially having come to an end, markets now gear up for months of elevated borrowing costs which weigh not only on consumers but also on valuations. A such scenario could generate a sell off below the 14,500 key support level.
- Nasdaq-100 price predictions 2024: Banks and analysts pushes out NASDAQ-100 mid-2024 target forecast to year-end, due to expectations of higher-for-longer U.S. interest rates. They forecast NASDAQ 100 to increase 5-10% from current levels.
- Nasdaq-100 forecast for the next 5 years: AI has become the hottest word on Wall Street in 2023 and will remain a megatrend that won’t be going away anytime soon according to experts. The long-term projections are bullish with a minimum price target of 16,000 points in Q1 2028.
With CAPEX.com you can trade NASDAQ Index directly, trade or invest in NASDAQ 100 ETFs, and trade or invest in NASDAQ 100 components.
Nasdaq 100 Forecast Q4 2023 - Fundamental Outlook
For the first half of 2023, US equities defied logic, but more recently, as the FED makes its last policy adjustments before trying to unmount from its aggressive rate-hiking campaign, there have been indications of anxiety. It seems that the fundamental environment is shifting as the equity markets battle to recover to their previous level of strength. Real yields are starting to pull away from pricey US stocks, the AI hype train is slowing down, and tech companies are displaying signs of fragility to higher interest rates due to the Fed's commitment to retain a restrictive stance. The fundamental NASDAQ-100 forecast is slightly bearish.
'Higher For Longe': What Does It Mean for Tech Stocks in Q4?
With the help of its assessment of economic expectations, the FED sent out a hawkish message without raising rates. The committee increased its projections for growth and longer-term inflation but eliminated 50 basis points of cuts for the next year. Equity markets seemed to ignore the growth story in favor of the possibility of fewer cuts in the upcoming year, so they postponed the expected date of the first cut.
US Treasury yields have increased so much that the "risk-free" 10-year yield is almost ready to overtake the earnings yield of the S&P 500. Investors may be inclined to switch from riskier equities to bonds in Q4 if equity values keep falling to obtain that risk-free yield. Rising interest rates around the world also have an impact on US stocks in the future since they are expected to put pressure on foreign revenues.
Main Drivers: EPS and GDP
Since that technical recession in the second half of 2022, the US economy has performed admirably and shows no signs of slowing down, a view that is echoed by the Fed. A strong labor market indicates that a greater number of people are employed and have disposable income. Higher rates do, of course, cut into disposable income, but the local economy still sees a lot of money exchanged. The PMI data for services is still in expansion territory, but it has been inching towards the crucial 50-point threshold that divides expansion from contraction.
Furthermore, analysts now predict that earnings per share (EPS) growth will start to increase for the first time since Q3 2021. Although predictions for earnings per share in 2023 were constantly exceeded, expectations had been falling as rate rises skyrocketed. Analysts have now collectively forecast greater expected EPS growth into year-end for the first two months of Q3.
Seasonality: Final quarters have tended to lead BUT...
The last quarter of the year usually sees the strongest returns for US stocks. Based on an analysis of the S&P 500's history dating back to 1957, analysts discovered an average 4% increase in Q4 results. Except for three years due to the October 1987 stock market meltdown, all years when performance in the first three quarters was at or above where we are currently at the year-end saw positive index changes in the fourth quarter.
Analysts are cautiously optimistic for Q4 2023 and the NASDAQ-100 forecast, arguing that markets have already defied expectations, and the economy is operating on a slim output gap ― meaning all resources are running near full potential. This argues for a continued focus on resilience in equity allocations. Still, because much of the market’s return this year has been driven by a handful of mega-cap stocks in the “tech-plus” sectors, experts believe there is an opportunity to uncover those next-level stocks that have yet to be fully rewarded for their fundamentals.
NASDAQ 100 Forecast - Q3 Earnings Preview
Wall Street has a bullish forecast for NASDAQ-100 earnings in Q3 because the majority will be facing easier comparatives as most saw profits struggle in the second half of 2022. But analysts have been lowering their earnings estimates for Big Tech this year and have incorrectly predicted their bottom lines would bottom out in recent quarters – suggesting forecasts should be taken with a pinch of salt.
Big Tech earnings calendar
The earnings season has already kicked off and some of the largest publicly-listed companies in the world are due to report soon. The five Big Tech giants currently carry a weighting of over 36% of the Nasdaq 100. This large weighting, and their dominance and scale, means they will be highly influential over the index and the broader market this earnings season.
Here is when five of the Big Tech giants will report their next set of results:
Big Tech earnings consensus
All five companies leading the NASDAQ-100 are forecasted to grow their headline earnings this season, but we can see that some will grow much faster than others.
Below is an outline of Wall Street earnings forecasts for each of the NASDAQ 100 Big Tech stocks, according to analysts' consensus:
Company Headline EPS Estimate Year-ago result % Change Microsoft $2.66 $2.35 13.0% Alphabet $1.44 $1.06 36.2% Meta $3.58 $1.64 118.1% Amazon $0.60 $0.28 114.2% Apple $1.39 $1.29 7.9%
Big Tech stocks: Where’s the value?
There is a big divergence in valuations of Big Tech stocks heading into this earnings season. Here is how each stock is valued on a blended-forward price-to-earnings ratio based on estimates over the next 12 months:
Company Blended-Forward Price-to-Earnings Ratio Meta 19.3x Alphabet 20.4x Apple 26.9x Nasdaq 100 27.1x Microsoft 28.9x Amazon 33.5x
Because they have been trading at a significant discount to the overall market, Meta and Alphabet have been outperforming the group in recent weeks, having both recently reached their best levels in more than a year. Due to their size and domination, Meta and Alphabet, two of the biggest participants in the ad business, have grown despite less favorable circumstances, and observers believe that the worst is behind them.
Prior to the most recent earnings season, Apple was selling at a premium, but as investors' concerns about the company's growth forecast mount, it is currently trading at a discount to the Nasdaq 100. Because of its varied business and AI possibilities, Microsoft has been able to hold onto its premium.
Although the company's price is mostly supported by growth expectations rather than earnings, Amazon likewise trades at a premium. Considering this, Amazon is trading at about 2.3 times yearly sales.
How to trade Big Tech stocks
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NASDAQ 100 Forecast - AI Stocks
We can’t forecast NASDAQ-100 and Big Tech without discussing artificial intelligence. The breakthrough technology has become the hottest thing on Wall Street and, unlike the hype that we have seen over recent years about everything from the metaverse to NFTs, AI appears to have real-world solutions that are deployed today.
The AI-mania has provided a much-needed boost to the tech market as inflation, rising interest rates, and recessionary risks provide a challenging economic backdrop. But there are questions about whether it will progress quickly enough to fully counter the impact of the lagging effects of monetary policy as we move into the second half. What is the outlook for AI stocks in H2 2023 and how this megatrend impacts the Nasdaq-100 forecasts and price predictions?
Is there an AI bubble?
Even though the race for AI dominance has barely begun, concerns about whether AI is the next bubble are already being raised in the markets, which are still reeling from the 2000 dot com catastrophe.
Although some individual stocks have sky-high valuations thanks to AI, overall, we are still far from the extremes of the dot com bubble. For instance, right before the dot com bubble burst in 2000, the tech-heavy Nasdaq 100 was trading 175 times ahead of trailing earnings. The current value is 33x, which is less than the 10-year average.
Based on projected earnings for the following 12 months, the ratio as of right now is even lower, at 28x. That implies two important ideas. First off, investors haven't flocked into the next great thing too quickly as they have in the past, and expectations are still moderate. Second, it implies that despite companies' and investors' efforts to establish themselves in this brand-new, rapidly evolving field, AI has not yet led to an improvement in earnings projections in the broader market.
Markets should be particularly vigilant on valuation considering this. There will undoubtedly be more companies thrust into the AI spotlight and driven higher as they find new use cases, especially financially rewarding ones. Some of the earliest beneficiaries will see their premium valuations tested and are at risk of seeing these fall away if they fail to live up to the hype.
What development in AI could benefit first in Q3 2023 and 2024?
Generative AI (genAI) has commanded attention and moved markets this year, earning comparisons to the internet and smartphone for its transformative potential. Experts forecast genAI is also setting up to be a key contributor to market dispersion, as it has the potential to send some businesses soaring while disrupting or displacing others.
Investing in genAI is a very active endeavor since one must be agile and aware of the opportunities at each given point in the process. An examination of the technology "stack" reveals available and future options, all of which are subject to change as genAI develops, becomes more intelligent and becomes sharper.
What it is Where to invest Infrastructure & Cloud The hardware and computing resources needed to enable AI function and growth. Includes GPUs, storage, and memory. Cloud service providers building AI-enabled data centers; semiconductors and makers of chip manufacturing equipment are critical inputs. AI models (proprietary & open source) The software required to train AI to “think” and do. Companies involved in the research and development of AI learning and language models. Data (private & public/free) The information upon which AI models will “think,” process and generate content. Suppliers of information and analytics, and those involved in data staging. AI makes private data more useful and, therefore, more valuable. Tools & applications The tools to create apps and the actual instruments and apps powered by generative AI. Companies that build apps and the tools to create them. Existing apps will be enhanced; many start-ups likely to emerge.
Like the internet over the last 25 years, generative AI is seen to be improving and has the potential to revolutionize enterprises globally. However, we cannot approach the investing thesis in a static manner because genAI is novel, fascinating, and constantly changing. As generative AI progresses from peak expectations to enlightenment and productivity, fundamental-based stock pickers should constantly verify the investment case. Experts anticipate that the genAI tale will continue to be written for many years to come and further support the bullish NASDAQ-100 forecast and price predictions for 2024 and beyond.
How to Invest in Generative AI?
NASDAQ 100 Forecast - Key Drivers to Watch
Some of the specific themes Wall Street analysts see playing a critical role in 2023 and beyond include:
Leading through macroeconomic uncertainty
The C-suites of many internet companies are under pressure to raise margins and boost revenues as a result of declining market capitalizations, declining consumer spending, and decreased product demand.
Beyond personnel changes, strategies can include streamlining company procedures, relying more on intelligent automation, updating outdated infrastructures, and taking strategic mergers and acquisitions into account.
Adapting to new regulations
The operations of internet corporations are becoming increasingly impacted by social issues and climate change. Governments and shareholders all around the world are pressuring businesses to be more transparent about their environmental impacts and tax obligations. Updates to company management software solutions are anticipated to be necessary as a result of new and planned rules. This will allow businesses to attain real-time visibility and offer authorities access to the data they will need for increasingly complex compliance processes.
Navigating global uncertainties
As technology companies confront heightened global challenges, they should work to mitigate risks and build more resilient systems. Leaders should think strategically about their choices of partners, where they’re located, and where and how production takes place.
Transforming other industries through technology
Technology companies should try to reduce risks and create more resilient systems as they face more severe global challenges. Leaders should consider their partner selections, their locations, and the location and mode of production strategically.
NASDAQ 100 Forecast – Technical Outlook
NASDAQ 100 gains since March have acquired momentum quickly, creating a very steep trendline that collapsed in Q3. After failing to retest the trendline, the Nasdaq is now in this position, threatening to decline much further. The trendline is now acting as resistance.
NASDAQ 100 Forecast – Weekly Chart Analysis
As the third quarter came to a finish, price action piled many weekly falls to reach support at 14,558, which hasn't been truly challenged as of this writing this NASDAQ 100 Forecast & Price Predictions update for Q4 2023. Now that the hikes may have reached their conclusion, markets are preparing for months of higher borrowing costs, which will negatively impact valuations and consumers alike. Thus, prolonged selling creates an opportunity of 14000-13,721 area (psychological level, Fibonacci 38.2% retracement and previous swing high).
NASDAQ 100 Forecast – Daily Chart Analysis
The daily chart below shows a key confluence area that acted as a resistance: the testing of the trendline which became a resistance and the third peak of a descending triangle (wedge).
It becomes clearer that a break below the support level at 14,500 could drive a sell-off. The future NASDAQ 100 price predictions are highly influenced by how the index will solve this chart pattern.
The NASDAQ 100 forecast for Q4 2023 will become more bearish in case of a breakdown below the 14,500 level or more bullish in case of a fake breakdown and rally above the previous high at 15,470.
NASDAQ 100 Forecast by Investment Firms and Analysts
The year 2022 was difficult for the technology industry, but the first quarter of 2023 saw a comeback, and the second quarter saw an even greater rise, helped, at least in part, by the enormous excitement and demand for all things related to artificial intelligence. Over the previous 12 months, the sector has outperformed the overall market.
Nvidia joined the $1 trillion club for a brief period, while other mega-cap tech firms like Apple AAPL and Microsoft MSFT are still performing better than the sector. Analysts continue to be optimistic about the secular tailwinds in technology, including advances in artificial intelligence, cloud computing, and increased demand for semiconductors across a range of end applications. Even if there are some macroeconomic worries on the horizon, experts continue to have bullish views on semis and software.
Nvidia's outstanding prognosis for 2023 suggests that top cloud and Internet corporations are vying to train and enlarge their AI models across the entire tech landscape. The way individuals interact with the world and many sectors could be revolutionized by AI, according to industry experts. Although they only expect a sluggish rebound, the terrible demand situation for PCs and cell phones appears to have bottomed out. The final industry to have difficulties was the automotive semis, but supply and demand now appear to be stabilizing.
Consumers and businesses alike are interested in artificial intelligence, although there’s no clean and clear way to size this market. Investment firms forecast that AI development will be enormous, but monetization may be scattered. Some firms may weave AI into existing products, while some may earn direct fees from AI models.
David Sekera, Chief Market Strategist
David Sekera forecasted that the NASDAQ and technology sector has sold off enough that the price to fair value has dropped to 0.98, so just a little bit under fair value at this point. He thinks now is a good time to move technology to more of a market weight. Last quarter, it was trading at about a 7% premium to its fair values. And it’s really a combination of two things that went on this past quarter. One, just the selloff in technology stocks overall brought the valuation for the sector down. But he’d also note they raised the fair value on several different technology stocks. The biggest increase that they had was our fair value on Nvidia.
The investment firm founded in New York remains optimistic because it continues to see signs of enduring quality, sustainable growth, and supportive valuations.
Looking to H2 2023, Franklin Templeton expects enterprises to continue many of their Digital Transformation initiatives, albeit at a slower pace, even in the face of moderating rate increases and slowing economic activity. This is because these investments are driving needed productivity gains, especially in an inflationary environment.
They see opportunities in high-quality platform-like companies—that are essential to their customers’ operations—in enterprise software and information technology (IT) services companies and the sub-themes of Secure Cloud and Software-as-a-Service (SaaS), Artificial Intelligence (AI)/Machine Learning, Future of Work and Cybersecurity.
Conversely, the holding company anticipates greater uncertainty in consumer technology as COVID-19 tailwinds continue to abate, energy prices rise in Europe and global economic activity slows. They believe areas such as consumer IT hardware, gaming, eCommerce, and digital advertising may have a slightly longer road to recovery.
During the dot-com stock bubble of 2000, the market cap of the five largest tech stocks in the S&P 500 comprised just over 20% of the index at their peak, bottoming five years later to only 5% of the benchmark. In 2022, the five largest technology stocks in the S&P 500 at their peak comprised 25% of the index. Will they similarly head to 5%?
On one hand, the 30 times average valuations of the five largest tech stocks today will likely never reach the triple-digit valuations of 2000, according to Morgan Stanley. But the U.S. government’s desire to keep mega-cap tech stocks from dominating their industries has historically stunted their growth—and we are now seeing that with increased regulatory scrutiny. With slowing growth rates combined with premium valuations, it may be wise to reduce exposure to mega-cap tech stocks, said the investment bank in the stock market outlook for 2023.
Nasdaq-100 Price Predictions for 2023 and Beyond (AI-based)
The Nasdaq 100 forecast for 2023 from algorithm-based forecasting service Wallet Investor at the time of writing indicated that the index could rise to 15,274 points during Q34 and close 2023 at 15,164.
The service’s Nasdaq 100 forecast for 2024 estimated that the index could climb to a maximum of 15,530, and end the year at 15,273. Wallet Investor’s five-year projection showed the index at 16,000, indicating a bullish Nasdaq 100 forecast for 2030 at new all-time highs.
However, the long-term Nasdaq 100 price prediction from Long Forecast Agency is bearish, predicting that the index could close in 2023 at 11,800, down over 10% from the opening price of Q4.
A US100 forecast from Trading Economics estimated that the index could be priced at 14,605 by the end of this quarter and at 13,495 in one year.
The NASDAQ 100 Futures forecast from Gov Capital is the most bullish, with prices expected to trade around 16,000 points at the end of 2023. The NASDAQ 100 forecast for 2024 is also bullish, with price predictions above 20,000 points.
Nasdaq-100 Price Predictions by Components (Top 10)
NASDAQ-100 price predictions are based on its components' price predictions which we'll review below. The list includes 10 components sorted by each component's weight in the index.
Microsoft Corp (13.25%)
The 41 analysts offering 12-month price forecasts for Nasdaq 100 component Microsoft Corp have a median target of 400, with a high estimate of 440.00 and a low estimate of 298. The median estimate represents a +20% increase from the opening prices of Q4 2023.
The current consensus among 49 polled investment analysts is to buy stock in Microsoft Corp. This rating has held steady since October 2023, when it was unchanged from a buy rating.
Apple Inc (12.51%)
The 37 analysts offering 12-month price forecasts for Nasdaq 100 component Apple Inc have a median target of 200, with a high estimate of 240.00 and a low estimate of 125. The median estimate represents a +14% increase from the opening prices of Q4 2023.
The current consensus among 41 polled investment analysts is to buy stock in Apple Inc. This rating has held steady since October 2023, when it was unchanged from a buy rating.
The 54 analysts offering 12-month price forecasts for Nasdaq 100 component Amazon have a median target of 175, with a high estimate of 230 and a low estimate of 136. The median estimate represents a +36% increase from the opening prices of Q4 2023.
The current consensus among 54 polled investment analysts is to buy stock in Amazon.com Inc. This rating has held steady since October 2023, when it was unchanged from a buy rating.
The 40 analysts offering 12-month price forecasts for Nasdaq 100 component NVIDIA Corp have a median target of 645, with a high estimate of 1100 and a low estimate of 560. The median estimate represents a +50% increase from the opening prices of Q4 2023.
The current consensus among 46 polled investment analysts is to buy stock in NVIDIA Corp. This rating has held steady since October, when it was unchanged from a buy rating.
The 46 analysts offering 12-month price forecasts for Nasdaq 100 component Alphabet Inc have a median target of 150, with a high estimate of 200 and a low estimate of 126. The median estimate represents a +8% increase from the opening prices of Q4 2023.
The current consensus among 51 polled investment analysts is to buy stock in Alphabet Inc. This rating has held steady since October 2023, when it was unchanged from a buy rating.
The 51 analysts offering 12-month price forecasts for Nasdaq 100 component Meta Platforms Inc have a median target of 375, with a high estimate of 435 and a low estimate of 100.00. The median estimate represents a 20% increase from the opening prices of Q4 2023.
The current consensus among 59 polled investment analysts is to buy stock in Meta Platforms Inc. This rating has held steady since October 2023, when it was unchanged from a buy rating.
The 35 analysts offering 12-month price forecasts for Nasdaq 100 component Tesla Inc have a median target of 266, with a high estimate of 400 and a low estimate of 53. The median estimate represents a +22% decrease from the opening prices of Q4 2023.
The current consensus among 47 polled investment analysts is to hold stock in Tesla Inc. This rating has held steady since October 2023, when it was unchanged from a hold rating.
Broadcom Inc (2.07%)
The 22 analysts offering 12-month price forecasts for Nasdaq 100 component Broadcom Inc have a median target of 985, with a high estimate of 1050.00 and a low estimate of 900. The median estimate represents a +13% increase from opening prices of Q4 2023.
The current consensus among 27 polled investment analysts is to buy stock in Broadcom Inc. This rating has held steady since October 2023, when it was unchanged from a buy rating.
The 17 analysts offering 12-month price forecasts for Nasdaq 100 component PepsiCo Inc have a median target of 187, with a high estimate of 236 and a low estimate of 131. The median estimate represents a +15% increase from the opening prices of Q4 2023.
The current consensus among 23 polled investment analysts is to hold stock in PepsiCo Inc. This rating has held steady since October 2023, when it was unchanged from a hold rating.
The 17 analysts offering 12-month price forecasts for Nasdaq 100 component Costco Wholesale Corp have a median target of 603, with a high estimate of 680 and a low estimate of 502. The median estimate represents a +6% increase from the opening prices of Q4 2023.
The current consensus among 35 polled investment analysts is to buy stock in Costco Wholesale Corp. This rating has held steady since October 2023, when it was unchanged from a buy rating.
*It is worth keeping in mind that both analysts and online forecasting sites can and do get their predictions wrong. Keep in mind that past performance and forecasts are not reliable indicators of future returns. When considering Nasdaq 100 price predictions for 2023 and beyond, it’s important to keep in mind that high market volatility and the macroeconomic environment make it difficult to produce accurate long-term Nasdaq 100 analyses and estimates. As such, analysts and forecasters can get their Nasdaq 100 forecast wrong.
It is essential to do your research and always remember your decision to trade depends on your attitude to risk, your expertise in the market, the spread of your investment portfolio, and how comfortable you feel about losing money. You should never invest money that you cannot afford to lose.
How can you trade or invest in the NASDAQ 100?
With CAPEX.com, there are a number of ways to gain exposure to the NASDAQ 100 (known on our platform as the US Tech 100) – so you can choose the one that suits you best.
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Trade or invest in NASDAQ-100 stocks
With CAPEX.com you can buy tech stocks outright or you can trade on their price movements without having to take ownership of shares, through derivatives.
Trade the NASDAQ 100 index directly
Trade the performance of the USA’s largest domestic and international companies from a single position. You can trade the NASDAQ 100’s price directly on the CAPEX.com platform under the name ‘US Tech 100’. In other words, you’ll get direct exposure to the NASDAQ 100 index with us. It’s more liquid than trading it in other ways and you can trade it 24 hours a day, Monday to Friday.
You can trade the NASDAQ 100 on leverage using derivatives, without having to own any actual shares. Instead, you’ll put down a deposit to open a larger position, with profits and losses calculated on the full position size. This means your profits and losses can significantly outweigh your margin amount, so ensure you use risk management tools (like stop losses) when trading online.
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Trade or invest in NASDAQ 100 ETFs
Gain broad exposure to the entire NASDAQ 100 by trading or investing in an ETF that tracks the price of the index. This means you won’t trade on the current price of the NASDAQ, but rather the ETF’s price, calculated on its net asset value (NAV).
Investing in NASDAQ ETFs is how many longer-term investors get exposure to the entire index. You can do this with share dealing. Here, you’d buy upfront, based on the full value of the ETF, and hold until you want to sell.
You could also trade NASDAQ ETFs on leverage, but bear in mind this offers lower liquidity and higher spreads than trading the index directly. Leveraged trades mean you can go long or short on NASDAQ ETFs. However, total profits or losses can significantly outweigh your margin amount, as both are based on the total position size.
With CAPEX.com you can trade the largest NASDAQ-100 Index ETF (Invesco), but also Inverse ETFs (ProShares Ultra Short) and Leveraged ETFs (ProShares Ultra), Tech and Robotics ETFs, Cybersecurity ETFs, or AI ETFs.
Trade or invest in NASDAQ shares
With CAPEX.com, you can also trade or invest in the actual stocks included in the NASDAQ 100.
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You can also trade NASDAQ companies without having to take ownership of shares. Stock trading is leveraged, so you can go long or short.
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