Individual Institutional Fintech & Developer
Sign in
Open account
Individuals Institutional

Call toll-free 800.328.1267

Login

Market Insights

Bringing you the trading news around the world.

Stocks

Options

Futures

In Review | Stocks
Nasdaq Dominates the Top 10: December at TradeStation
David Russell
January 3, 2019

The Nasdaq-100 fell 8.9 percent in December, its worst monthly drop this decade. Not surprisingly, seven of the 10 busiest symbols at TradeStation during the period were somehow associated with the tech-heavy index.

Here’s the top 10. Nasdaq-related symbols are marked with an asterisk (*):

  1. SPDR S&P 500 ETF (SPY):The market-tracking fund rose from second place in November.
  2. *Apple (AAPL): The smartphone giant slipped one notch.
  3. *PowerShares QQQ Trust (QQQ): The Nasdaq-tracking fund rose four places between November and December.
  4. *Amazon.com (AMZN): The e-commerce giant held its position from the previous month.
  5. General Electric (GE): The industrial giant rose one notch in December.
  6. *Nvidia (NVDA): The chip company slid from No. 3.
  7. *Netflix (NFLX): The streaming-video stock inched down two places.
  8. *PowerShares QQQ Trust (TQQQ): The Nasdaq-tracking fund slipped one spot from November.
  9. iPath S&P 500 VIX (VXX): The volatility-tracking ETN rose from No. 10 the previous month.
  10. *Facebook (FB): The social-media giant rose two notches to re-enter the top 10.

Companies exiting the list:

  • Advanced Micro Devices (AMD): The chip maker slipped from No. 8 to No. 12.
  • Costco (COST): The discount retailer dropped from No. 9 to to No. 30.
Tags: AAPL | AMD | AMZN | COST | FB | GE | NFLX | NVDA | QQQ | SPY | TQQQ | VXX

About the author

David Russell
David Russell is Global Head of Market Strategy at TradeStation. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.

Related stories

Stock Gains Widen as Investors Hope for Lower Inflation

Stock Gains Widen as Investors Hope for Lower Inflation

by David Russell | May 13, 2024

Money is flowing back into stocks as investors hope for a better inflation report this week. The S&P 500 rose 1.9 percent between Friday, May 3, and Friday, May 10. It was the third straight positive week. More than...

Chart of the Day: Oracle May Have Found Support

Chart of the Day: Oracle May Have Found Support

by David Russell | May 7, 2024

Oracle jumped to new highs almost two months ago. Now, after a pullback, the software giant may have found support. The first pattern on today’s chart is the gap higher on March 12 after earnings surprised to the upside. ORCL retraced the move and is starting to...

Stocks Claw Back from Losses as News Shifts and Yields Fall

Stocks Claw Back from Losses as News Shifts and Yields Fall

by David Russell | May 6, 2024

Last week's news wasn't great, but it was good enough to stop the bears. The S&P 500 rose 0.5 percent between Friday, April 26, and Friday, May 3. At one point the index was down as much as 2 percent, only to snap back in the last two sessions. Yields also fell...