US stocks trading mixed. The Nasdaq and the Dow switch roles again.

With Fed Governor bringing the fire truck in to douse the flames of a too hot stock market Stock Market A stock or equity market is defined as the aggregation of buyers and sellers of stocks, which reflect ownership claims on businesses.These may also include securities listed on a public stock exchange, as well as stock that is only traded privately. Common examples of this include shares of private companies that are sold to investors through equity crowdfunding platforms.Unlike the past, the stock market has grown to include a more mature retail market, though nearly all investment is still don A stock or equity market is defined as the aggregation of buyers and sellers of stocks, which reflect ownership claims on businesses.These may also include securities listed on a public stock exchange, as well as stock that is only traded privately. Common examples of this include shares of private companies that are sold to investors through equity crowdfunding platforms.Unlike the past, the stock market has grown to include a more mature retail market, though nearly all investment is still don Read this Term over the weekend, the major indices are opening weaker. Yields are higher which has pressured the Nasdaq NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term stocks. The flow of funds is back into the Dow stocks after they relatively underperformed last week.

The snapshot of the market 9 minutes into the open is showing:

• Dow industrial average is up 42.19 points or 0.13% at 33790.06.
• S&P index is down -13.24 points or -0.33% and 3979.68
• NASDAQ index is down 108.89 points or -0.96% and 11214.44
• Russell 2000 is down -12.54 points or -0.67% at 1870.19

Looking at the S&P index on the daily chart below, the price on Friday raced above the 50% midpoint of the move down from the August high and it's 100 day moving average. Both those levels currently, and 3908.43. However the high price stalled near the 4000 level, and just below the 61.8% retracement of the same move down at 4006.81. Getting above that 4000 level and 4006 retracement would have traders targeting the 200 day moving average of 4078.78 currently. That MA target has a number of analysts and traders looking toward it as a potential peak. Back in August, the price stalled against that moving average as well (albeit at a higher level).