July 27, 2026

By Nigam Arora

To gain an edge, this is what you need to know today.

Aggressive Stock Buying

Please click here for a chart of Nasdaq 100 ETF (QQQ).

Note the following:

• The chart shows QQQ is bouncing off of the top band of zone 2 (support).
• The chart shows zone 1 (resistance).  The consensus wisdom on Wall Street is that this year, QQQ will break above zone 1.
•  For a longer term perspective, from the chart take a measure of how far QQQ has come from the Arora buy signals shown on the chart.
• This morning in the early trade, there is aggressive buying in QQQ which represents mostly tech stocks.