Our Cookie Policy

MCBOSS CAPITAL and carefully selected third parties use cookies on this site to improve performance, for analytics and to show you offers tailored to your interests on our site and third party sites. By continuing to use our site, you consent to our use of cookies. Privacy Policy


Research >> MCBOSS CAPITAL >> Stock market news today - 2021 October >> The stock market show strength
Search more Products

The stock market show strength - October 18, 2021

  • 23 views
What happen to the market today?

The stock market show strength as market indices continue to make new high.

What is the current support level?

Nasdaq climb further above its 50 days moving average.

S&P 500 also climb further above its 50 days moving average.

Dow Jones Industrial is near its 50 days moving average.

Russell 2000 didn't make much progress but still sits above its 10, 21, 50 and 200 days moving average as they all converge. This is a good sign

  • NASDAQ - below its 50 days moving average line near 14825; current at 15021
  • S&P 500 - below its 50 days moving average line near 4440; current at 4486
  • DJIA - below its 50 days moving average line near 35000; current at 35258
  • RUSSELL 2000 - above its 50 days moving average line near 2220; current at 2267

Psychological levels

  • Nasdaq is above 15000.
  • S&P 500 is below 4500.
  • Dow Jones Industrial Average is above 35000.
  • Small cap Russell 2000 is above 2200.

Which industry groups show strength?

There are few industry groups under accumulation.

Sector Industry Sub-group # Stocks
Technology Technology Computer Software: Prepackaged Software (Financial) 2 COIN, INTU
Retail Consumer Services Department/Specialty Retail Stores 2 JWN, M
Retail Miscellaneous Business Services (Internet) 3 AMZN, CHWY, ETSY
Retail Consumer Services Department/Specialty Retail Stores 2 COST, TGT
Industrial Transportation Trucking Freight/Courier Services 2 EXPD, SNDR
Commodities Energy Coal Mining 2 BTU, METC
Commodities Energy Oil & Gas Production: Drilling 2 HP, PTEN
Financial Capital Goods Homebuilding 2 BZH, LEN



Which industry groups from recent strength show weakness today?

Relative strength drops by 1%
Financial Finance Finance: Consumer Services 3 COOP, SOFI, YRD
Relative strength drops by 1%
Financial Miscellaneous Business Services 5 AFRM, EEFT, FLYW, IIIV, STNE



Disclaimer: MCBOSS CAPITAL provides financial education and information research. None of this information should be used for investment purpose. Please seek professional advice. Information provided may not always be accurate.

Copyright © MCBOSS CAPITAL 2021. All Rights Reserved. Powered by Echofavor
Copyright © MCBOSS CAPITAL 2021. All Rights Reserved.
Powered by Echofavor