Chart Ideas

[rimshot]

Market Snapshot - February 12, 2019 close

* S&P 500 index closed above its 200-day moving average for the first time since December 3, 2018

Transports print another new 2019 price high today

$NYA, $SPX and $XBD print a new 2019 price high today

daily chart shows these symbols above
the 89-day ema for multiple days -- a firmly
bullish condition -

$NYA, $SPX, $TRAN, $XBD and $USD

$NYA - next overhead chart milestone is the 400-day simple moving average, which the bulls need to see permanently surpassed
... the $NYA 300-day sma is located at an even higher level

http://stockcharts.com/h-sc/ui?s=%24NYA&p=D&yr=1&mn=10&dy=0&id=p8737803898c&a=627156801

Year-to-Date percentage change

Russell 2000 +14.1% YTD
Nasdaq Composite +11.8% YTD
S&P 500 +9.5% YTD
Dow Jones Industrial Average +9.0% YTD

Snapshot

Dow 25425.76 +372.65 (1.49%)
Nasdaq 7414.63 +106.71 (1.46%)
SP 500 2744.69 +34.93 (1.29%)
10-yr Note -7/32 2.681

NYSE Adv 2178 Dec 718 Vol 872.8 mln
Nasdaq Adv 2243 Dec 777 Vol 2.1 bln

Industry Watch

Strong: Materials, Consumer Discretionary, Industrials, Financials
Weak: Real Estate

Moving the Market

U.S. lawmakers reach tentative agreement to avoid government shutdown

Continued optimism regarding ongoing U.S.-China trade talks

S&P 500 closes above its 200-day moving average for first time since December 3

Broad-based advance and
10 of the 11 S&P 500 industry sectors finished with gains today

XLF Financial sector of the S&P 500 index -
It's a good sight to see the sector outperforming today
after it has underperformed the broader market so far this month. Most XLF components printed gains today.

XLF daily chart with PMO analysis,
and with
XLF to SPY ratio

http://stockcharts.com/h-sc/ui?s=XLF&p=D&yr=0&mn=10&dy=0&id=p5017360177c&a=552043925