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Daily Observations 24 January - Market turned green ahead of tech earnings

Investors bullish on tech earnings? $DJI +0.29% | $NDX 0.49% | $RUT +2.29% | $SPX +0.28% | $VIX +3.64%
Daily Observations 24 January - Market turned green ahead of tech earnings
Photo by Mohammad Rezaie / Unsplash

Investors Bullish on Tech Earnings?

$DJI +0.29% | $NDX 0.49% | $RUT +2.29% | $SPX +0.28% | $VIX +3.64%

Market Performance

Major Indices

Sector Performance

  • 8 of 11 sectors finished green today.
  • Best sector: Consumer Discretionary up 0.98% to 182.18.
  • Laggard sector: Utilities down 0.96% to 68.18.
  • VIX gains 3.64% to 29.90 from 28.85.
  • Crude oil /CL slid 1.35% to 83.99 from 84.76.
  • TNX slid 0.69% to 17.35 from 17.47.
  • TYX gains 0.92% to 20.83 from 20.64.

SPY Snapshot

SPY Daily Chart
  • $SPY gains 0.42% to 439.84 from 437.98.
  • 10-day EMA at 452.28 | 20-day EMA at 459.6 |  180-day SMA 464.92.
  • Relative strength index moved up to 21.49 from 17.29.
  • Volume jumps to 252.14M from 196.27M.

Week 4 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.