22/06/2026
How to Trade the Nasdaq using Fundamental Analysis
When trading the Nasdaq, a range of underlying fundamental variables affect the price of the index. Traders must be aware of these variables and their possible impact on the index. These variables can range from macroeconomic variables to the fundamental composition of the index. Here are some of the main movers of the Nasdaq 100 index:
The largest companies in the Nasdaq 100. The Nasdaq is a market-capitalization weighted index so the largest companies tend to move it the most, like Apple, Microsoft and Amazon. Some indices are weighted differently, and this can affect their price. It is important to understand the differences between the major indices.
Changes in the Federal Reserve’s stance on monetary policy can have adverse effects on all stock markets, including the Nasdaq 100 index.
Economic data like inventory levels, employment, CPI, interest rates and GDP. This data can signal what actions the central bank will take on monetary policy.
Trade wars and currency wars can impact large companies in the Nasdaq by way of tariffs and trade barriers.
