Is The 200-Day Moving Average Important?

Tale of the Tape Good evening people of earth.  Stocks were mixed. The major indices barely finished green.  Utilities were the strongest sector, $XLU +1.12%. Energy, consumer discretionary, and healthcare were negative.  Boeing landed to a 5-month low. $RAD reported bad earnings.  Tesla gained 2%. Peloton and Zoom both lost 7%. Novavax initiated its Phase … Continue reading Is The 200-Day Moving Average Important?

$PLAYTime Is Over?

Tale of the Tape Good evening, everyone.  Today was a red day. The major indices all closed lower. The Nasdaq 100 ETF, $QQQ bounced off $266.5 once again. Will this act as support or will it fail? Time will tell. Materials were the strongest sector. $XLI gained 0.7%.  Industrials and energy barely closed green. Real … Continue reading $PLAYTime Is Over?