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.

View Coupon

Daily stock market update November 25, 2020 - Market show mixed signals

November 27, 2020
MCBOSS CAPITAL
50 views

market update

How is stock market today?

Market show mixed signals as Nasdaq continue to climb but the other indices fall back. This may not be a bad sign as it is okay to take a breather after hitting new highs and breaking through psychological levels. It is important for market to hold above these levels.

What is the current support level?

Nasdaq hit new high.

Russell 2000, S&P 500 and DJIA are above its 10 days moving average.

NASDAQ - above its 50 days moving average line near 11300; current at 12094
S&P 500 - above its 50 days moving average line near 3400; current at 3629
DJIA - above its 50 days moving average line near 28000; current at 29872
RUSSELL 2000 - above its 50 days moving average line near 1580; current at 1845

Psychological levels

Nasdaq is now hitting new high above 12000.
S&P 500 is now above 3600.
Dow Jones Industrial Average falls back below 30000.
Small cap Russell 2000 is now above 1800.

Which industry groups show strength?

There are many industry groups with strength.

Sector	Industry	Sub-group	#	Stocks
Technology	Technology	Computer Software: Prepackaged Software (Special)	2	ALRM, TEAM
Technology	Technology	Computer Software: Prepackaged Software (Design)	2	ADSK, APPN
Technology	Technology	Computer Software: Prepackaged Software (Enterprise)	11	ATEN, DT, FROG, MIXT, PLAN, PLTR, QADA, SMAR, SUMO, UPLD, WORK
Technology	Technology	Computer Software: Prepackaged Software (Security)	2	CMCM, VRSN
Technology	Technology	Computer Software: Programming, Data Processing (Content)	4	CARG, DHX, FTCH, SFUN
Technology	Consumer Durables	Telecommunications Equipment	2	AAOI, INFN

Retail	Consumer Services	Clothing/Shoe/Accessory Stores	6	ICON, OXM, PVH, RL, VNCE, VRA
Retail	Capital Goods	Auto Manufacturing	6	F, FCAU, GM, HMC, NIO, TSLA
Retail	Capital Goods	Auto Parts:O.E.M. (Equipment)	8	APTV, LDL, LEA, MOD, STRT, TEN, THRM, WKHS
Retail	Consumer Non-Durables	Consumer Electronics/Appliances	6	ACB, APHA, CRON, GNLN, OGI, TLRY
Retail	Consumer Services	Other Consumer Services	2	CHGG, TEDU
Retail	Consumer Non-Durables	Package Goods/Cosmetics	2	HELE, MED
Retail	Consumer Non-Durables	Plastic Products	2	NWL, WBT
Retail	Consumer Services	Hotels/Resorts (Lodging)	2	MAR, STAY
Retail	Consumer Services	Consumer Electronics/Video Chains	3	AMC, FUBO, RDI
Retail	Consumer Services	Television Services	4	DIS, GHC, SNE, WWE
Retail	Consumer Services	RETAIL: Building Materials	2	FAST, LL
Retail	Consumer Non-Durables	Consumer Specialties	2	MOV, SIG
Retail	Consumer Services	Clothing/Shoe/Accessory Stores	9	AEO, ANF, DLTH, EXPR, FRAN, GES, LE, TLYS, ZUMZ
Retail	Consumer Services	Department/Specialty Retail Stores	3	JWN, KSS, M
Retail	Consumer Services	Other Specialty Stores	4	AAN, HOME, KIRK, WSM
Retail	Transportation	Air Freight/Delivery Services	7	AAL, CPA, HA, LUV, SAVE, SKYW, UAL

Industrial	Capital Goods	Military/Government/Technical	6	ATRO, CODA, CW, HII, MRCY, TGI
Industrial	Consumer Durables	Metal Fabrications	4	AME, AMOT, AZZ, ROK
Industrial	Miscellaneous	Industrial Machinery/Components	3	AVT, LFUS, VSH
Industrial	Energy	Industrial Machinery/Components	3	HOLI, SSYS, XONE

Health	Health Care	Hospital/Nursing Management (Long term care)	2	CSU, ENSG

Commodities	Basic Industries	Agricultural Chemicals	4	AVD, CF, MOS, UAN
Commodities	Energy	Industrial Machinery/Components	4	AY, BEP, BEPC, BLDP
Commodities	Energy	Coal Mining	2	ARCH, BTU
Commodities	Technology	Semiconductors (Solar)	2	CSIQ, NOVA
Commodities	Energy	Oil & Gas Production: Drilling	3	HP, PTEN, RIG
Commodities	Energy	Oilfield Services/Equipment	10	CLB, HAL, HLX, MTRX, NR, OII, OIS, PUMP, RES, SLB
Commodities	Energy	Integrated oil Companies	8	CVX, EC, MRO, PBR, PTR, SNP, XOM, YPF
Commodities	Energy	Metal Fabrications	3	FTI, GEOS, NOV
Commodities	Energy	Integrated oil Companies	8	CLMT, GLP, HFC, MPC, NS, PSX, UGI, VLO
Commodities	Energy	Natural Gas Distribution	16	ENB, ENBL, EPD, GLOG, KMI, MMP, MPLX, NVGS, PAA, PAGP, PSXP, SHLX, STNG, TCP, TGP, WES
Commodities	Basic Industries	Steel/Iron Ore	2	MT, NUE

Financial	Finance	Commercial Banks	3	BAP, BMA, BSMX
Financial	Finance	Major Banks	4	C, HSBC, MS, WFC
Financial	Finance	Major Banks (West)	7	ABTX, CADE, COLB, EWBC, HTH, TCBI, WAL
Financial	Miscellaneous	Business Services	7	AXP, CATM, EVTC, FOUR, IIIV, PAGS, SQ
Financial	Finance	Investment Bankers/Brokers/Service	4	AMP, BGCP, CS, LAZ
Financial	Finance	Investment Managers	11	ARCC, BAM, BEN, CG, CNS, EV, FOCS, KKR, MCC, NOAH, TPVG
Financial	Consumer Services	Real Estate Investment Trusts	3	BXMT, GPMT, LADR
Financial	Consumer Services	Other Consumer Services (Specialty)	7	BCSF, CME, ECPG, ENV, FLT, QFIN, WU
Financial	Finance	Property-Casualty Insurers	3	FNF, KNSL, MBI
Financial	Finance	Real Estate	3	JLL, RDFN, TPL

Which industry groups from recent strength show weakness today?

Relative strength drops by 1%
Technology	Public Utilities	Telecommunications Equipment (Foreign)	3	AMX, TEF, VOD

Relative strength drops by 1%
Retail	Consumer Non-Durables	Beverages Non-Alcoholic (Production/Distribution)	2	CCEP, NBEV

Relative strength drops by 1%
Industrial	Consumer Durables	Building Products	2	ATKR, TILE

Relative strength drops by 1%
Industrial	Basic Industries	Major Chemicals	2	BAK, LYB

Relative strength drops by 1%
Health	Health Care	Medical Specialities (Services)	2	BEAT, TVTY

Relative strength drops by 1%
Financial	Finance	Major Banks (Southeast)	5	ABCB, FBP, HOMB, SFNC, SMMF

Below 50 days moving average
Financial	Capital Goods	Homebuilding	2	MDC, TPH

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.