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Posts published in “Day: February 6, 2024

TSX Market Update 2024-02-06

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SP/TSX rose 0.4% (+85.7 pts), closed at 20958 points, is testing MA20 (20998 pts). Among the 150 largest-cap stocks, 106 (71%) closed higher. 59% of all TSX stocks ended higher.…

Nasdaq Market Update 2024-02-06

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Nasdaq 100 slightly fell -0.2% (-40.3 pts), closed at 17573 points. Among the 150 largest-cap stocks, 87 (58%) closed higher. 66% of all Nasdaq stocks ended higher. In terms of…

Beijing’s Market Rescue: Draconian Measures Effective?

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China Securities Regulatory Commission (CSRC) stated in the evening on the 5th that amid recent stock market volatility, there were ‘unlawful elements’ engaged in ‘illegal profiteering.’ Multiple cases of ‘market…

NSE Market Update 2024-02-06

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NIFTY 50 rose 0.7% (+157 pts), closed at 21929 points. Among the 150 largest-cap stocks, 108 (72%) closed higher. 64% of all NSE stocks ended higher. In terms of sectors,…

HKEX Market Update 2024-02-06

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HSI spiked 4% (+627 pts), closed at 16137 points, the best % gain in more than 6 months, crossed above MA20 (15755 pts). Among the 150 largest-cap stocks, 141 (94%)…

ASX Market Update 2024-02-06

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SP/ASX 200 fell -0.6% (-44.4 pts), closed at 7582 points. Among the 150 largest-cap stocks, 51 (34%) closed higher. 39% of all ASX stocks ended higher. In terms of sectors,…

Is a U.S. Stock Market Correction Imminent?

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S&P 500 has been overbought for a while, sparking concerns of an impending correction. In the chart, the orange area represents the S&P’s distance (%) from the 200-day moving average.…

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