|Min-Max giorno||10.831,15 - 10.927,56|
|Intervallo di 52 settimane||6.631,42 - 10.927,56|
The coronavirus stock market rally began the next volatile week after closed previous week with modest losses. After the Nasdaq reached its record high on Tuesday, the technology sector backed market rally sold off sharply Thursday the previous week, fueled by the likes of Apple, Intel, Amazon, Google and Tesla stocks.
Dow futures pointed to an opening loss of more than 50 points, while S&P; 500 futures were little changed. NASDAQ-100 futures traded slightly higher.
The direction of the September E-mini NASDAQ-100 Index futures contract is likely to be determined by trader reaction to the 50% level at 10393.50.
Analysts now see aggregate second-quarter S&P; earnings plummeting by 40.8%, year-on-year, per Refinitiv.
The price action suggests investor willingness to bet on value plays indicating that investors think the global economy is going to improve.
Gold investors have turned their eyes to Washington as lawmakers begin negotiations on new stimulus measures.
The closing price reversal top is a major chart pattern. It’s telling us that the selling is greater than the buying at current price levels.
Remember, the mostly technology driven NASDAQ took the other major indexes higher, and it could take them straight down too.
The S&P; Energy, Materials and Industrial Indexes jumped more than 2%, while Health, Technology and Consumer Staples each rose more than 1%.
Stocks turned lower shortly before 16:00 GMT after a senior Fed official said the central bank may slow the pace of its corporate bond purchases.
The direction of the September E-mini Dow Jones Industrial Average on Thursday is likely to be determined by trader reaction to 25938.
Stocks ended a volatile session on Thursday with solid gains as investors cheered regulation rollbacks for the big banks.
The direction of the June E-mini NASDAQ-100 Index the rest of the session on Thursday is likely to be determined by trader reaction to 9863.50.
Shares of ZoomInfo (ZI) surged more than 70% on its market debut on the Nasdaq on Thursday, the first technology IPO since the global pandemic.
The near-term direction of the June E-mini NASDAQ-100 Index is likely to be determined by trader reaction to the all-time high at 9780.50.
Our preliminary analysis indicates the tone of the market on Wednesday is likely to be determined by trader reaction to 9647.75.
The main trend is up, but momentum is trending lower with the formation of the closing price reversal top on Thursday and its confirmation on Friday.