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Daily Observations 18 January - Week 3 starts red

All major indices slid for the day. RUT down over 3%. $DJI -1.51% | $SPX -1.84% | $RUT -3.06% | $NDX -2.57% | $VIX 18.76%
Daily Observations 18 January - Week 3 starts red
Photo by Tai's Captures / Unsplash

All major indices slid for the day. RUT down over 3%.

$DJI -1.51% | $SPX -1.84% | $RUT -3.06% | $NDX -2.57% | $VIX 18.76%

Market Performance

Major Indices

Sector Performance

  • 10 of 11 sectors finished red today.
  • Best sector: Energy gains 0.65% to 64.93.
  • Laggard sector: Financial slid 2.23% to 39.92.
  • VIX gains 18.76% to 22.79 from 19.28.
  • Crude oil /CL adds 3.19% to 86.50 from 84.26.
  • TNX gains 5.25% to 18.65 from 17.72.
  • TYX gains 3.31% to 21.84 from 21.14.

SPY Snapshot

SPY Daily Chart
  • $SPY declines 1.77% to 456.49 from 464.75.
  • 10-day EMA at 465.79 | 20-day EMA at 467.50 |  180-day SMA 466.38.
  • Relative strength index slid to 30.53 from 41.32.
  • Volume jumps to 109.55M from 93.3M.

Week 3 Earnings

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.