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Daily Observations 25 January - Microsoft goes down after hours ER

Technology sector slid some more. $DJI +0.19% | $NDX -2.48% | $RUT -1.45% | $SPX -1.22% | $VIX +4.21%
Daily Observations 25 January - Microsoft goes down after hours ER
Photo by Sigmund / Unsplash

Technology sector slid some more.

$DJI +0.19% | $NDX -2.48% | $RUT -1.45% | $SPX -1.22% | $VIX +4.21%

Market Performance

Sector Performance

  • 2 of 11 sectors finished green today.
  • Best sector: Energy gains 3.80% to 65.26
  • Laggard sector: Technology slid 3.23% to 150.12.
  • VIX gains 4.21% to 31.16 from 29.90.
  • Crude oil /CL gains 2.30% to 85.23 from 83.99.
  • TNX gains 2.77% to 17.83 from 17.35.
  • TYX gains 2.21% to 21.29% from 20.83.

SPY Snapshot

SPY Daily Chart
  • $SPY slid 1.22% to 434.47 from 439.84.
  • 10-day EMA at 448.72 | 20-day EMA at 457.20 |  180-day SMA 464.33.
  • Relative strength index moved down to 18.45 from 21.49.
  • Volume slid to 163.34M from 252.14M.

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.