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Elliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]

Summary

Indices and stocks look more bullish by the day. Google's earnings were positive and this week's earnings are AAPL, AMZN, MSFT and META; of course there are others. Our TSLA trade was triggered and is in positive territory. We could also go long on NVDA and GOOGL; they won't be the fastest movers, but a reasonable place to park a small amount. The Elliott wave counts are impulsing higher, however into a series of wave fours. Being long is the position.

Elliott Wave analysis NASDAQ tech stocks:

  • SP500 (SPX): Wave 5 of (1)
  • NASDAQ 100 (NDX): Wave 5 of (1)
  • Apple (AAPL): Wave 5 of (1)
  • Amazon (AMZN): Wave (1)
  • Nvidia (NVDA): Wave 5 of (1)
  • Meta Platforms (META): Wave (1)
  • Netflix (NFLX): Wave (3)
  • Alphabet (GOOGL): Wave 5 of (1)
  • Microsoft (MSFT): Wave 5 of (1)
  • Tesla (TSLA): Wave 5 of (1)
  • Bitcoin (BTC): Wave 5 of (1)

Key financial events to watch

  • Monday, April 28: No major economic reports

Scheduled earnings release dates for April/May 2025:

  • Apple (AAPL): Thursday 05/01/2025 (after market close)
  • Amazon (AMZN): Thursday 05/01/2025
  • Nvidia (NVDA): Wednesday 05/28/2025 (after market close)
  • Microsoft (MSFT): Wednesday, April 30, 2025
  • Meta Platforms (META): Wednesday, April 30 (after market close)

Video chapters

  • 00:00 S&P 500 (SPX)
  • 07:00 NASDAQ 100 (NDX)
  • 08:34 Apple (AAPL)
  • 13:20 Amazon (AMZN)
  • 15:04 Nvidia (NVDA)
  • 17:12 Meta Platforms (META)
  • 18:33 Netflix (NFLX)
  • 19:38 Alphabet (GOOGL)
  • 21:18 Microsoft (MSFT)
  • 23:15 Tesla (TSLA)
  • 27:28 Bitcoin (BTC)

Elliott Wave trading strategies [Video]

Author

Elliott Wave Forecast Team

Elliott Wave Forecast Team

ElliottWave-Forecast.com

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