What a day. Big gains for US stocks

Technical Analysis

Close higher for the first time in 6 days.

What a day for the stocks. There was not a huge catalyst except for hopes that there might be a Brexit deal (no guarantee there).  Other than that the broad indices moved back above their 200 day MAs (Nasdaq at 7480.85. S&P at 2751.15) after a day or two below that MA line.

The final numbers are showing:

  • S&P, +40.23 points or 1.47% at 2783.30
  • Nasdaq, +149.92 point or 2.02% at 7558.06
  • Dow, +200.64 points or 0.79% at 25650.88

Some winners:

  • Nvidia, up 6.97%
  • AMD, +4.32%
  • Apple, +3.46%
  • Amazon, +3.07%
  • ALibaba, +3.06%
  • Alphabet, +2.93%
  • Netflix, +2.65%
  • Twitter, +2.63% 
  • Adobe, +2.44%
  • Tesla, +2.39%

There was one big loser on the day, Boeing which fell -5.36% after the tragic crash in Ethiopia over the weekend.  

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