- Equities are firmly higher at midday on Thursday, August 27, powered almost entirely by a blowout earnings-driven rally in technology and software names
- The S&P 500 trades at 7725.21, up 49.51 points (+0.65%), the Nasdaq Composite has surged 341.66 points (+1.31%) to 26492.90, and the Dow Jones Industrial Average is more modestly higher at 53629.26, up 165.38 points (+0.31%)
- The divergence between the Dow and the growth-heavy Nasdaq underscores today's dominant theme: a sharp rotation into information technology at the expense of nearly every other corner of the market
- Cautious.
- What's working: the Continuation/2LYNCH scan is rich with 25 signals — good…
- equity futures are pointing to a sharply higher open on Thursday, with…
- The bullish tone follows a blowout earnings report from NVIDIA (NVDA) after…
- BRNX ($6.24): ATR multiple 2.95, 1 funds, undefined%
- VOGX ($32.88): ATR multiple 3.45, 0 funds, undefined%
- ABCL ($12.24): catalyst 1d ago, +17.8% gap, RVOL 0.5
- BZ ($18.84): catalyst 1d ago, +5.5% gap, RVOL 5.8
- KOS ($2.78): +1.8%, RVOL 0.9, at_supply
- MDGL ($538.88): +5.2%, RVOL 0.9, at_supply
- equities closed little changed on Wednesday, August 26, as investors braced for…
- The S&P 500 finished essentially flat at 7,675.70 (-1.58, -0.02%), the Nasdaq…
- Cautious.
- What's working: Continuation (2LYNCH) fired 22 signals, D9M 8 signals, Reversal Bullish…
- equities traded in a narrow, mixed range through midday Wednesday as investors…
- At last check, the Dow Jones Industrial Average was off 103.80 points…
- Cautious.
- What's working: Continuation/2LYNCH is rich with 17 signals — solid breadth. Reversal…
