BREAKING: SpaceX, $SPCX, stock officially begins trading, now at $160.83/share, up +19% from the stock's IPO price.
This officially makes SpaceX a $2.1 TRILLION company, the 7th largest public company in the world.
NQ Daily Market Analysis
NQ continues to range after finding a bottom (for now). Technicals fueled a major sell-off after bears broke a massive range formed from late December to late February.
#NQ_F
Bearish sentiment and extreme fear continue to grow. Bears are likely not done yet.
The Federal Reserve cuts 2025 growth outlook, raises inflation forecast, and raises unemployment projection to 4.6%.
The NQ Daily has clearly broken above key range resistance 22061. Bulls are back in control, and they have a clear path to Nasdaq ATHs. Expect a new all-time high soon.
#NQ_F