NASDAQ-100 Weakens Further: A Price Chart Analysis

Apple
AAPL
, Microsoft
MSFT
and Amazon
AMZN
are the 3 biggest components of the NASDAQ-100 Index and it’s been months since any of them have seen higher highs. Investors want those higher highs as it indicates upward trend and lack of it suggests the unpleasant opposite.

The NASDAQ-100 reflects the direction of these 3 majors and it contains and measures the movement of many tech and social media companies. There’s a definite lack of boring, mature names that you find in the Dow Jones Industrial Average such as General Electric
GE
and General Motors
GM
.