US stocks close with gains. S&P and Dow close near highs.

Technical Analysis

Author: Greg Michalowski | sp

Nasdaq up, but off highs

The US stocks are ending the session higher with the S&P and Dow closing near high levels. The Nasdaq are closed with solid gains but more off the highs.

  • The S&P closed at 2755.45. That is up 17.14 points or 0.63%. The high reached 2756.82. The low reached 2737.08
  • The Nasdaq closed up 47.114 or 0.64% at 7375.96. The high was up at 7400.64. The low reached 7320.88
  • The Dow closed up 173.31 points or 0.68% at 25635. The high reached 25651.86. The low extended down to 25444.90.
Winners for the day include:
  • AMD, +3.92%
  • IBM, +2.56%
  • intuitive surgical, +2.42%
  • Caterpillar, +2.32%
  • Alphabet, +1.51%
  • Boeing, +1.32%
  • McDonald's, +1.30%
  • Twitter, was 1.15%
  • Walt Disney, +1.10%
  • Celegene, +1.10%
  • Apple, +1.08%
Losers for the day include:
  • First Solar, -2.5%
  • Netflix, -1.46%
  • Nike, -1.24%
  • Kaiser, -1.22%
  • Citigroup, -0.90%
  • Intel, -0.88%
  • Nvidia, -0.34%
  • Goldman Sachs, -0.24%
  • American Express, -0.22%
  • Wells Fargo, -0.22%
  • Home Depot, -0.12%
Technically, the S&P index moved closer to the 200 day MA at 2763.77 (high reached 2756.82).  That makes the price action tomorrow key. A move above could solicit more upside.   If that MA cannot be broken, traders will look at this test, as a corrective move to the line that keeps the bias bearish.  

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose