Technical Analysis

Major indices close higher. The NASDAQ leads the way.

NASDAQ steps 2 day losing streak

The major indices all closing higher. The small-cap Russell index at its best day since July 15 rising by 2.65%. The NASDAQ index snapped it’s 2 day losing streak. All 11 sectors of the S&P index closed higher. The US indices are trying to rebound after back to back weekly declines. 

The final numbers are showing:

  • S&P index up 42.49 points or 1.27% to 3383.46. The high price reached 3402.93. The low extended to 3363.56
  • Nasdaq index rose 203.10 points or 1.87% to 11056.65. The high price reached 11118.29. The low price extended to 10982.26
  • Dow rose 327.43 points or 1.18% at 27993.07. The high price reached 28086.06. The low price extended to 27718.74

Some of the oversize winners included:

  • Tesla, +12.64%
  • Micron, +6.38%
  • Beyond Meat, +6.18%
  • Nvidia, +5.7%
  • Marriott, +5.4%
  • Zoom, +5.35%
  • Square, +5.04%
  • American Express, +3.77%
  • Delta Air Lines, +3.47%
  • Boeing, +3.2%

Some oversize losers include:

  • Citigroup, -5.61%. In the last hour of trading, was announced that regulators will reprimand Citigroup for failing. to improve risk systems and shares tumbled into the close
  • Papa John’s, -3.27%
  • Chipotle, -2.23%
  • Chewy, -1.52%
  • Exxon Mobil, -1.31%
  • Box, -1.29%
  • Netflix, -1.28%
  • Chevron, -0.55%
  • Twitter, -0.44%
  • Amazon, -0.42%
  • Disney, -0.37%

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