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.
0.1934377

Daily stock market update August 24, 2021 - Market made new milestone

How is stock market today?

Market made new milestone as Nasdaq surpass 15,000 for the first time.

What is the current support level?

Nasdaq and S&P 500 made new closing high.

Dow Jones rebound above its 10 days moving average.

Russell 2000 recover above its 10, 21 and 200 days moving average. it is getting near its 50 days moving average.

  • NASDAQ - above its 50 days moving average line near 14500; current at 15019
  • S&P 500 - above its 50 days moving average line near 4350; current at 4486
  • DJIA - above its 50 days moving average line near 34800; current at 35366
  • RUSSELL 2000 - below its 50 days moving average line near 2250; current at 2230

Psychological levels

  • Nasdaq is above 14000.
  • S&P 500 is above 4400.
  • Dow Jones Industrial Average is now above 35000.
  • Small cap Russell 2000 is below 2200.

Which industry groups show strength?

There are more accumulation from industry groups. 

Sector Industry Sub-group # Stocks
Technology Technology Computer Software: Prepackaged Software (Financial) 2 INTU, SSNC
Technology Technology Computer Software: Prepackaged Software (Security) 11 CHKP, CRWD, CYBR, MIME, NLOK, OKTA, PANW, PING, QLYS, ZIXI, ZS
Technology Technology Semiconductors 3 MRVL, NVDA, XLNX
Technology Technology Semiconductors (Manufacturing) 4 INTC, POWI, TSEM, UMC
Retail Consumer Services Clothing/Shoe/Accessory Stores 2 GIL, GOOS
Retail Consumer Services Hotels/Resorts (Gaming) 5 DKNG, IGT, LVS, MGM, WYNN
Retail Consumer Services Marine Transportation 3 CUK, PTON, RCL
Retail Miscellaneous Business Services 3 ABNB, BKNG, TCOM
Retail Consumer Services Consumer Electronics/Video Chains 2 BBY, GME
Retail Consumer Services Department/Specialty Retail Stores 3 JWN, KSS, M
Health Health Care Medical Specialities (Services) 3 GH, NEO, PMD
Financial Finance Investment Bankers/Brokers/Service 3 FUTU, JEF, OPY


Which industry groups from recent strength show weakness today?

Relative strength drops by 1%
Financial Consumer Services Other Consumer Services (Specialty) 6 DFIN, ECPG, INFO, NAVI, PRAA, VIRT


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