Technical Analysis

US shares bounce and shut close to the highs of the day

Nasdaq leads the best way

The foremost US indices jumped to new session highs on the shut and are ending with stable positive factors to begin the week.  Alphabet reviews earnings after the shut.

The numbers are exhibiting:

S&P index, up 18.34 factors or zero.68% at 2724.87. The index closed above its 100 day MA at 2709.24Nasdaq, up 83.667 or 1.15% at 7347.53. It too closed above its 100 day MA at 7275.Dow up 175.48, up zero.70% at 25239.32 and simply off the excessive for the day at 23239.91.  

Alphabet is reporting earnings of $12.77 vs $10.82. Revenues are also a beat at $39.28 vs $38..9B, however the inventory is down in after-hours buying and selling ($1102 vs $1141 closing stage)


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