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Replies to #728 on Chart Ideas

rimshot

02/14/19 6:40 PM

#731 RE: rimshot #728

Market Snapshot - February 14, 2019

* S&P 500 index closed above its 200-day simple moving average for the third consecutive day -
1st times above since December 3, 2018

* S&P 1500 Composite index closed above its 100-day sma for
the ninth consecutive day
, a firmly bullish condition

* Transports and US Dollar index print another 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

"Year-to-Date percentage change -

Russell 2000 +14.6% YTD
Nasdaq Composite +11.9% YTD
S&P 500 +9.5% YTD
Dow Jones Industrial Average +9.1% YTD

Snapshot -

Dow 25439.39 -103.88 (-0.41%)
Nasdaq 7426.97 +6.58 (0.09%)
SP 500 2745.69 -7.30 (-0.27%)
10-yr Note +14/32 2.652

NYSE Adv 1527 Dec 1319 Vol 950.5 mln
Nasdaq Adv 1510 Dec 1511 Vol 2.1 bln

Industry Watch

Strong: Real Estate, Health Care, Communication Services, Energy, Information Technology
Weak: Financials, Consumer Staples

Moving the Market

Market overcomes lower start to finish well above its session lows

Retail Sales for December declined 1.2%
(Briefing.com consensus +0.2%); playing into market's concerns about the U.S. economy slowing down

U.S. and China remain far apart on reform demand issues, according to Bloomberg

Mixed earnings reports: Coca-Cola (KO) disappoints, Cisco (CSCO) beats earnings estimates"

-- briefing.com