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

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.
0.1495715

Daily stock market update October 14, 2020 - Market suffered second down day

How is stock market today?

Market suffered second down day as news broke out that a stimulus is unlikely before election. Earnings continue to pour in. 


What is the current support level?

Nasdaq, S&P 500, and DJIA are all sitting above its 50 days moving average. 

Russell 2000 fell back a little, but has been doing well in recent weeks after making a new high since the pandemic.

  • DJIA - above its 50 days moving average line near 27650; current at 28514
  • S&P 500 - above its 50 days moving average line near 3360; current at 3488
  • NASDAQ - above its 50 days moving average line near 10800; current at 11768
  • RUSSELL 2000 - above its 50 days moving average line near 1530; current at 1621

Which industry groups show strength?

There are not much industry groups with strength. 

Sector Industry Sub-group # Stocks
Technology Technology Computer Software: Prepackaged Software (Design) 2 ADSK, APPN

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
Copyright © Echofavor 2021. All Rights Reserved.
Powered by Echofavor