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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016 -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (293)2/22/2021 4:06:21 PM
From: rimshot  Respond to of 1118
 
SPY closed Feb 22nd 3 cents lower than its very weak market open price today

$SPX closed today below the 15-day SMA, so the bears have near-term control only
while price action remains below the 15-day

stockcharts.com

3889.19 = 15-day SMA value at day's end, Monday Feb 22



To: rimshot who wrote (293)2/22/2021 4:22:09 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
growth stocks drag US equity market lower - Briefing.com end of day Wrap - Feb 22

briefing.com

excerpt -

Valuation angst lingered after the 10-yr yield touched 1.39% in overnight action on the prevailing view that additional fiscal stimulus and reopening/vaccination efforts will spur growth and inflation. Considering the 10-yr yield started the month at 1.09%, this speedy ascent continued to undercut risk sentiment for growth stocks with elevated valuations.

Those were typically found in the Nasdaq, the S&P 500 information technology (-2.3%) and consumer discretionary (-2.2%) sectors, and the Philadelphia Semiconductor Index (-3.8%). Shares of Tesla (TSLA 714.50, -66.80, -8.6%) dropped nearly 9%.

The 10-yr yield finished the session one basis point higher at 1.36%. The 2-yr yield remained flat at 0.11%. The U.S. Dollar Index decreased 0.3% to 90.12.

Interestingly, six of the 11 S&P 500 sectors still closed in positive territory ...