U.S. Benchmarks Back in Full Bullish Signal
The U.S. benchmarks are back in full throttle "bullish signal". Friday rally shifted technical in a drastic manner, pushing it into breakout territory. IYT- Transport sector, still at turtle pace on catching up a recovery bounce, needs a lot of work in that sector.
Major benchmarks printed its 11th full % percentile closing on Friday, and 12th count for DIA/ DowJones. Despite Friday's huge rally, gauging on weekly performance- its a measly gain of less than 1% --
- SPY +.59%; DIA +.38%; IYT +.86%; QQQ +1.95% technology sector continues to outperform.
DowJones dragged by Walmart performance last week.
- S&P 500, QQQ, SPDR Dow Jones Industrial, iShares Transportation
- Tickers -> AAPL, FB, GOOGL, MSFT, NVDA, NFLX, BIDU, BABA, TSLA. FDX, CAT, SPY, DIA, IYT, QQQ.
Twitter: @ Kris_tin27