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

Nasdaq Breakout?

Please click here for a chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ).

Note the following:

The chart shows QQQ is in the resistance zone. The chart shows that QQQ moved up on giant Tesla Inc (NASDAQ:TSLA) earnings. Please see yesterday's Morning Capsule for details on Tesla earnings. After earnings, Tesla added a giant gain of $150B to its market capitalization. Bulls are hoping that giant Tesla earnings combined with a potential short squeeze today will cause QQQ to breakout above the resistance zone. Prudent...