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.
0.2182183
Daily stock market update October 7, 2020 - Market turn bullish
How is stock market today?
Market turn bullish once again as Trump once again make headline. He tweeted to Democrats to pass piecemeal stimulus.
What is the current support level?
Nasdaq, S&P 500, and DJIA rebound off its 50 days moving average. Watch for support at this level.
Russell 2000 is near a new recent intraday high.
- DJIA - above its 50 days moving average line near 27650; current at 28303
- S&P 500 - above its 50 days moving average line near 3360; current at 3419
- NASDAQ - above its 50 days moving average line near 10800; current at 11364
- RUSSELL 2000 - above its 50 days moving average line near 1530; current at 1611
Which industry groups show strength?
There are many industry groups with strength.
| Sector | Industry | Sub-group | # | Stocks |
| Technology | Technology | Computer Software: Prepackaged Software (Enterprise) | 7 | ATEN, FSLY, LPSN, MANH, PAYC, PLTR, TWLO |
| Technology | Technology | Computer Software: Prepackaged Software (Financial) | 5 | ACIW, BCOR, BKI, PEGA, SSNC |
| Technology | Technology | EDP Services (Tech Services) | 7 | CTSH, EGOV, GLOB, INFY, PLUS, VRTU, WIT |
| Retail | Consumer Services | Clothing/Shoe/Accessory Stores | 5 | GIL, HBI, LEVI, TPR, UFI |
| Retail | Consumer Non-Durables | Shoe Manufacturing | 2 | SHOO, WWW |
| Retail | Consumer Non-Durables | Meat/Poultry/Fish | 2 | BYND, PPC |
| Retail | Consumer Durables | Automotive Aftermarket | 6 | ABG, AN, GPI, LAD, PAG, RUSHA |
| Retail | Consumer Services | Other Specialty Stores | 2 | BBBY, LZB |
| Retail | Consumer Services | Other Specialty Stores (Leisure) | 3 | BGFV, HIBB, WINA |
| Industrial | Consumer Durables | Consumer Electronics/Appliances | 2 | AAON, FIX |
| Industrial | Basic Industries | Mining & Quarrying of Nonmetallic Minerals (No Fuels) | 5 | CRH, EXP, MLM, SUM, VMC |
| Industrial | Consumer Durables | Building Products | 6 | AMWD, APOG, ATKR, AYI, MWA, OC |
| Industrial | Capital Goods | Engineering & Construction | 7 | ACM, AGX, FLR, GVA, MTZ, PWR, TPC |
| Industrial | Basic Industries | Major Chemicals | 2 | CE, LYB |
| Industrial | Basic Industries | Paints/Coatings | 2 | PPG, RPM |
| Industrial | Basic Industries | Major Chemicals: Plastics | 2 | KRA, TSE |
| Industrial | Basic Industries | Major Chemicals: Others | 7 | ALB, APD, BCPC, MTX, OEC, SCL, WDFC |
| Industrial | Technology | Diversified Commercial Services | 5 | AER, HEES, HRI, TGH, URI |
| Industrial | Miscellaneous | Business Services (Outsourcing) | 2 | ADP, EXLS |
| Industrial | Technology | Professional Services | 2 | HSII, KELYA |
| Industrial | Consumer Durables | Containers/Packaging | 2 | BLL, SEE |
| Industrial | Capital Goods | Electrical Products | 2 | ITRI, MTD |
| Industrial | Consumer Durables | Metal Fabrications | 7 | ABB, AME, AZZ, FELE, GNRC, ROK, WIRE |
| Industrial | Energy | Industrial Machinery/Components | 2 | DDD, SSYS |
| Industrial | Transportation | Trucking Freight/Courier Services | 2 | SNDR, XPO |
| Industrial | Transportation | Trucking Freight/Courier Services | 3 | FWRD, SAIA, YRCW |
| Industrial | Basic Industries | Electric Utilities: Central | 6 | AEP, EIX, ETR, IDA, NEE, PNW |
| Commodities | Energy | Industrial Machinery/Components | 13 | ACA, AMRC, AQN, AY, BEPC, BLDP, CWEN, KEN, NEP, ORA, PLUG, REGI, TPIC |
| Commodities | Basic Industries | Precious Metals | 4 | AA, CLF, FCX, SCCO |
| Financial | Finance | Major Banks (Midwest) | 5 | ASB, CBSH, HBNC, TCF, WTFC |
| Financial | Finance | Major Banks (Northeast) | 5 | BMTC, CNOB, EGBN, MTB, SASR |
| Financial | Finance | Major Banks (Southeast) | 7 | ABCB, BXS, FBP, FHN, SFNC, SMMF, SNV |
| Financial | Finance | Major Banks (Regional) | 5 | CMA, KEY, PNC, RF, USB |
| Financial | Finance | Major Banks (West) | 10 | ABTX, CADE, CVBF, EWBC, FIBK, FRC, IBTX, PB, TCBI, WAL |
| Financial | Finance | Investment Bankers/Brokers/Service | 6 | AMP, FUTU, HLI, LPLA, MC, MKTX |
| Financial | Finance | Major Banks (Savings) | 5 | FFBC, NWBI, PBCT, STL, WSFS |
| Financial | Finance | Real Estate | 2 | CBRE, RLGY |
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 2021. All Rights Reserved. | Powered by Echofavor |
