Stocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, NASDAQ Composite, Philadelphia Semiconductor Index. Read Declan Fallon's latest article on Investing.com
After days of selling triggered by escalating events in Ukraine there was at least a modicum of relief for markets as buyers stepped in at 20-day MAs across lead indices. Because of this, breakout gaps remain intact and markets have the opportunity to return to their highs.
The Nasdaq has continued to defend breakout support with the help of the 20-day MA. It was the only index to record an accumulation day at support. The index was in the process of accelerating its relative performance advantage over the S&P until the election blip, but it may be kicking off again in the Nasdaq's favor. As for other indices, it has a 'sell' trigger in the MACD to overcome.
US Small Cap 2000 NASDAQ Composite Philadelphia Semiconductor Index
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nasdaq Bullish Signals Dwindle - Breadth Breakdown May Signal Start of PullbackStocks Analysis by Declan Fallon covering: NASDAQ Composite, Philadelphia Semiconductor Index. Read Declan Fallon's latest article on Investing.com
Read more »
Nasdaq: Playing Devil's Advocate - The Bearish Case for the Key Tech IndexStocks Analysis by Declan Fallon covering: NASDAQ Composite, Philadelphia Semiconductor Index. Read Declan Fallon's latest article on Investing.com
Read more »
Nasdaq turns positive as Nvidia gains, S&P 500 cuts losses tied to geopolitical tensions: Live updatesStocks tumbled with losses increasing into the official market open as investors fled to safety amid rising geopolitical tensions between Ukraine and Russia.
Read more »
S&P 500, Nasdaq gain with Nvidia; Walmart jumps after forecastS&P 500, Nasdaq gain with Nvidia; Walmart jumps after forecast
Read more »
Dow Jones, Nasdaq, S&P 500 weekly preview: Markets brace for Magnificent 7 reportsDow Jones, Nasdaq, S&P 500 weekly preview: Markets brace for Magnificent 7 reports
Read more »
Tesla surge lifts Nasdaq; Dow, S&P 500 falter on earnings, rising yieldsTesla surge lifts Nasdaq; Dow, S&P 500 falter on earnings, rising yields
Read more »