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Consumer Discretionary leads the sectors to green - Daily Observations 16 March

Consumer Discretionary leads the sectors to green - Daily Observations 16 March
Photo by Alexandru Tudorache / Unsplash

Markets finished green today

$DJI +1.55% | $NDX +3.70% | $SPX +2.24% | $VIX -10.59%

Market Performance

Sector Performance

  • 9 of 11 sectors finished green today.
  • Best sector:  Consumer Discretionary +3.38%.
  • Laggard sector: Energy -0.45%.
  • VIX -10.59% to 26.67 from 29.83.
  • 10-year Treasury Yield +1.30% to 2.19 from 2.16.
  • 30-year Treasury Yield  -1.84% to 2.46 from 2.51.

SPY Snapshot

  • $SPY up 2.22% to 435.62 from 426.17.
  • 8-day SMA at 423.43 | 21-day SMA at 430.54 |  30-day SMA 435.95 | 200-day SMA 445.73.
  • Relative strength index up 48.96 from 44.46.
  • Volume up to 143.72M from 106.22.

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Disclaimer

I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.

Do your due diligence if or when placing a trade. All ideas stated here are my own and do not represent trading or investment advice.