Life is memorable. Share your experience. Help others. Return the favor. Terms Of Use    Privacy Policy    About    FAQ    Help   Contact Us  
As an Amazon Associate and affiliate with other third parties, Echofavor earn from qualifying purchases and display advertisements.
0.2884657

Daily stock market update September 25, 2020 - Market attempt rally

How is stock market today?

Market appear to rebound on Friday as it attempt to rally the last two days, however, the indices are all below the 50 days moving average. Overall, Nasdaq did better than other indices.

Index Sep. 25
Nasdaq 1.11%
S&P 500 -0.63%
Dow Jones -1.75%
Russell 2000 -4.03%


What is the current support level?

Recently, Nasdaq fell further down after find resistance at its 50 days moving average. This is the third time Nasdaq has tested this level.

Recently, S&P 500, Dow Jones and Russell 2000 also fell further below the 50 days moving average. 

  • DJIA - below its 50 days moving average line near 27000; current at 27173
  • S&P 500 - below its 50 days moving average line near 3300; current at 3298
  • NASDAQ - below its 50 days moving average line near 10800; current at 10913
  • RUSSELL 2000 - below its 50 days moving average line; current at 1474

Which industry groups show strength?

There are not much industry groups with strength. This is not a good sign.

Sector Industry Sub-group # Stocks
Retail Consumer Non-Durables Shoe Manufacturing 2 DECK, NKE
Retail Consumer Services Consumer Electronics/Video Chains 2 CSSE, ROKU

Which industry groups from recent strength show weakness today?

None

Disclaimer: MCBOSS CAPITAL provides financial education and information research. None of this information should be used for investment purpose. Please seek professional advice. Information provided may not always be accurate.

  

Copyright © Echofavor 2020. All Rights Reserved. Powered by Echofavor
Copyright © Echofavor 2020. All Rights Reserved.
Powered by Echofavor
Our Cookie Policy

Echofavor and carefully selected third parties use cookies on this site to improve performance, for analytics and to show you offers tailored to your interests on our site and third party sites. By continuing to use our site, you consent to our use of cookies. Privacy Policy