The Nasdaq 100 index has shown strong performance recently, closing above its 200-day moving average for 483 consecutive trading days, marking the second longest uptrend in history. As of February 12, 2025, the index had a positive day, with the Invesco QQQ Trust ($QQQ) bouncing back from lows and nearly reaching positive territory. The volume ratio for the Nasdaq was noted as green, indicating a healthy trading environment. The $QQQ closed at 532.64, the highest daily close since December 16, 2023. Analysts are observing resistance levels, particularly around 680 and 541.52, and caution is advised as traders brace for potential volatility. Meanwhile, QuantumScape ($QS) is preparing for earnings after the bell, having secured $910 million in liquidity, extending its cash runway into the second half of 2028.