
Nasdaq Could Look to KOSPI for Directional Clues Beyond Earnings
The KOSPI is testing a major support level that could offer directional clues for the Nasdaq and Nikkei as earnings season gets underway.
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The KOSPI is testing a major support level that could offer directional clues for the Nasdaq and Nikkei as earnings season gets underway.

The Nasdaq 100 consolidates ahead of ASML earnings as leadership fades, market breadth improves and traders await fresh clues on AI demand.

The week continues to show a positive bias for US equity markets, and among them, the Nasdaq 100 stands out, as it has posted a gain of more than 5.00% on average over the last five trading sessions.

Microsoft reports Q4 earnings after the US close on January 28, with markets focused on Azure growth, AI monetisation and margins as valuation sensitivity rises across the Nasdaq.

Apple reports Q4 earnings on January 29, with investors focused on Services momentum, margin resilience and guidance tone as iPhone growth slows.

Tesla’s Q4 earnings are less about delivery headlines and more about whether margin pressure has finally stabilised. With expectations reset, guidance and profitability will drive the post-earnings reaction.

With NVDA options traders pricing in “only” a +/- 6% move on the release, a big earnings surprise could catch traders off-guard given the technical setup

The Nasdaq 100 remains in a bullish channel and could target 24,000 or 25,000 if Big Tech stocks can deliver on earnings expectations.
This week sees earnings from more US tech firms, including Alphabet, Amazon, and Disney.
This week, earning season kicks off with US banks
This week, we look at earnings from Netflix, Goldman Sachs, and ASML.
Earnings drove volatility last week and continue to roll in this week. Attention will be on Amazon, Apple and HSBC. Here we look at what to expect.
US indices point to a stronger start as corporate earnings continue to roll in. Earnings are providing a welcomed distraction after worries over the Fed keeping rates high for longer hurt sentiment last week. US PMI data is due shortly and is expected to show business activity grew at a faster pace. Tesla is due to report after the close after the EV maker's deliveries fell in Q1 and as the share price trades down 40% this year.
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