October 23, 2023
The US major indexes and stocks pushed higher from a day low. The Nasdaq is the strongest today as it closed on a green note, a red-to-green performance, the Nasdaq remains above the 200 DMA.
Despite the S&P 500 closing at the red territory, it has some strength today as buyers stepped in at the 200-day moving average technical support.
The Dow Jones has been the laggard, as the technical price is trading below 200 DMA.
October 5, 2023
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| All eyes are on bonds as they continue to sell to a 13-year low, for today it held up to 85 level. |
October 4, 2023
October 2, 2023
It is a mixed breadth reaction in the U.S. stock market. The technology sector ETF printed its 4th consecutive positive performance, while the S&P 500 & Dow Jones are in the red. The overall technicals of the US stock market continue to be weaker.
September 28, 2023
The US stock market finally closed the trading session on a higher note in today's trading session. Today is the strongest session we have had in the market in the last 9 trading sessions.
September 18, 2023
It is a timid stock performance in the US stock market today, the major indices barely eked green performance, following last Friday's sell-off.
Today's Losers:
September 19, 2023
Lulu trade update, technical price struggling to stay above 400 & hold the bullish support at 380 which was the last 7 months' resistance, weakness is attributable to traders'/ investors sentiment on the retail discretionary sector, as NKE, DKS & other apparel names reported weak earnings.
This week, the 376 should be the trailing stop for LONG entry.
September 15, 2023
A trading update on LULU- as of today, the technical support has touched the breakout pivot, and higher high support is manifesting on the stock price, the overall US major index
September 6, 2023
These names exhibit a strong technical chart daily and weekly as a result of 3 consecutive quarterly earnings reports.
