US Stock Market Is At Critical Point 美国股市在临界点

Major market indexes are up sharply supported by strength in AAPL, BA, AMZN, AMD, MSFT and FB. Stocks rally on better than expected earning reports. Crude Oil up nearly 3% also helps. At 9:54AM Pacific Time Dow +330, S&P 500 +24, Nasdaq +93, Russell 2000 +7.

Today is critical for the stock market as US-China trade talk is in progress and FOMC is to announce interest rate policy. These results are crucial for market direction. Imminently, the performance of the Dow should be in focus. The Dow has rallied 15% since December 26, 2018 bottom and touched its 200 day moving average 24980. Pricey Dow and hitting major resistance may not be a good combination for the market.  It would be bullish if the Dow breaks out. But, look out, investors may be looking for reason to sell then to buy.

主要市场指数受AAPL，BA，AMZN，AMD，MSFT和FB的强势所推动上升。好于预期的盈利报告及原油上涨近3％也有帮助。 上午太平洋时间9:54 道指 +330，标准普尔500指数+24，纳斯达克指数+93，罗素2000 +7。

今天对股市来说至关重要，因为美中贸易谈判正在进行中，FOMC将公布利率政策及盘后有FB及MSFT的财报。 这些结果对市场方向至关重要。 迫在眉睫的是，道指的表现应该成为焦点。 自2018年12月26日至今天，道琼斯指数已上涨15％并触及200日移动平均线24980。 价格偏高的道琼斯指数和碰到主要阻力位可能不是市场的良好组合。 如果道琼斯指数突破，那将是好事。 但是，请注意，投资者可能正在寻找抛售的理由。