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Nasdaq caresses 10,000 points but closes very far from the highs of the day

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Nothing stops the Nasdaq (+ 0.29%) in Wall street. Despite the collection of benefits in the Dow Jones (-1.09%) and the S&P 500 (-0.78%), the technological index has continued to rise until at some point exceeding 10,000 points for the first time in history, driven as always by great values: Apple, Facebook, Amazon and Netflix They have appreciated strongly and have also set new records.

Current valuations on the New York Stock Exchange "raise many doubts", as stated Ipek Ozkardeskaya, an analyst at Swissquote Bank, due to the divergence between asset prices and the underlying economic dynamics.

"But that's the end result of unprecedented monetary and fiscal interventions, which creates and maintains the illusion that everything is fine, "adds this expert.

Nor should we forget that the rise in the great values ​​of the technology sector (the names mentioned above together with Microsoft and Alphabet) largely masks the 'V' recovery of New York indices.

Some analysts already speak of the Fed's measures causing a distortion and a bubble on wall street. But investors continue to buy shares. Amazon rebounds 3% and sets a new record at $ 2,615; Apple rebounds another 3% and is trading at $ 344, Facebook is up 3% to $ 239; and Netflix rebounds 3%, up to $ 432.

In this sense, another relevant appointment on the investor's agenda will take place this Wednesday. The Federal Reserve (Fed) will publish its statement on monetary policy, which will be followed by a press conference by its president, Jerome Powell. The Fed is expected to maintain its unlimited asset purchase program to keep the markets rally.

Across the Atlantic, the Ibex has fallen 1.8% and has moved away from 8,000 points, penalized by its banks. In Asia, the bags have closed green.

TECHNICAL ANALYSIS AND OTHER MARKETS

In other markets, the West Texas oil falls 0.2% to $ 38.11. Qatar on Tuesday he regretted the price war started between Russia and Saudi Arabia last March. Besides, the ounce of gold up 1% to $ 1,723, while the euro 0.1% appreciates and changes to $ 1,1302. Finally, the profitability of 10-year American bond falls to 0.82%.

And by technical analysis, the Nasdaq redraws new all-time highs "after up 46% from the lows of the month of March and looks like it could continue its bullish climb"explains César Nuez, analyst at Bolsamanía.

"The first objective of rise is in the 10,200 points, prices that we believe could end up being reached in the next few days. The first level of support is in the 9,182 points. We will not see a sign of weakness as long as it continues to trade above this price level, "adds this expert.

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