Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Apple, Microsoft and other titans report earnings this coming week, with AI in focus. The Fed is expected to signal rate cuts soon.
US Equity Indexes Mixed This Week as Rotation Out of Tech, Communication Services Hits S&P 500, Nasdaq Composite
Equity Markets Rally as Traders Parse Earnings, Macro Data
The Dow Jones Industrial Average jumped 1.6%, and the Nasdaq composite climbed 1%. The market's widespread gains included rallies for both Big Tech behemoths and smaller stocks, a departure from much of this month's trading where a divide deepened between the two groups. The Russell 2000 index of small stocks brought its gain for July to more than 10%.
A big loser was Dexcom, which lost nearly half its value on the stock market today. The Dow Jones Industrial Average was the star of Friday's show, as it surged more than 800 points at one point. The Dow still managed a 654-point climb by the close, reaping a 1.6% gain.
There’s reason to believe history is repeating itself, according to a recent Deutsche Bank note that drew parallels between the current rotation out of tech mega-caps and the bursting of the tech bubble in 2000.
The stock market was roaring back on Friday, with the Dow set to close the week higher despite a bumpy stretch. Such gains will be tested by the biggest week of this earnings season. The Dow Jones Industrial Average was up 702 points, or 1.8%, in recent trading.
Equity Markets Rise Intraday After Earnings, Macro Data
Wall Street is undergoing a palpable vibe shift.
The former owner of Thames Water is to take full control of Britain’s gas network in a £700m deal.