Why the Nasdaq is Outperforming: The Power of Tech Giants

The Nasdaq has been outperforming other indices, particularly the Russell 2000 and the Dow Jones Industrial Average, over the last several months. The primary reason for this impressive performance can be distilled into one simple factor: large-cap stocks, often referred to as the "Magnificent Seven" — GOOGL, MSFT, AAPL, AMZN, NVDA, META, and NFLX. Six of these giants have been hitting new all-time highs over the past few weeks (and even months), and now NFLX is about to join the club. As long as this trend continues, the Nasdaq is poised to move above 21,000.

GOOGL

MSFT

AAPL

NVDA

AMZN

META

And now NFXL is about to break out into its own new all time high.

NFLX