US-China trade talk showing progress continues to drive US stock market higher. At 10:17 Pacific Time Dow +86, S&P 500+7.40 , Nasdaq +14.36 and Russell 2000 +0.90 . S&P 500 is now above its 200 day moving average 2743, the second major index to do that after Dow. Nasdaq touched its 200 day moving average 7462 and then fell back this morning, it's now only 33 points away. With possible good news of US-China trade talk coming in before the end of this week, bulls may not give up driving the market higher. However, the S&P 500 may not move too far if there's no break through news from trade talk as the next major resistance level is 2800. S&P 500 got turned back 3 times at this level in 2018.
美中贸易谈判显示进展继续推动美国股市走高。 太平洋时间10:17道琼斯指数+86,标准普尔500指数+ 7.40,纳斯达克指数+14.36和罗素2000 +0.90。 标准普尔500指数现在已高于其200日移动平均线2743,这是继道琼斯指数之后的第二大指数突破200日均线。 纳斯达克今早触及其200日均线7462然后回落。现在距离200天峻县只有33点。 随着本周末之前美中贸易谈判可能出现好消息,多头可能不会放弃推动市场走高。 然而,如果没有贸易谈判突破性的好消息,标准普尔500指数可能不会走得太远,因为下一个主要阻力水平是2800。标准普尔500指数2018年在这一水平曾经被阻3次。
This blog follows the US stock market daily. Free market news, market comments, stock charts, stock and options buy/sell suggestions are provided throughout the day.
Wednesday, February 13, 2019
S&P 500 is going towards 2800 标普500正走向2800
Contact Email: tradeideablog@gmail.com
U.C. Berkeley graduated, former electronic/computer engineer turned investment advisor / analyst. In the market 42 years with focus in market timing, learned from experience to trust charts,combine with trend, valuation, news and investors sentiment in making trading decisions,, knowing anything can happen to the market so very flexible to trade both sides of the market. 1992 CNBC/USA Today Investment Challenge professional options division champ with 3 month return of 1125%. In real life trading accomplished 9600% return by trading TZA options in the course of 3 months, doubled account value in 3 months by trading 3X ETFs. Now retired and enjoy trading stock and options daily. On going partnership with Sing Tao Daily and Sing Tao Radios in offering advanced stock and options trading classes semi-annually.
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伯克利加州大学毕业,前电子/计算机工程师转为财务顾问/股市分析师。 在市场42年,专注于参与市场时机。从经验中学到信任图表,结合趋势、估值、新闻和投资者情绪做出交易决策。知道任何事情都可能发生在市场上,因此非常灵活地参与买涨及做空,参与市场的两个方向。 1992年CNBC /今日美国日报投资挑战赛专业期权组冠军,3个月回报率为1125%。 在现实生活中,通过在3个月内交易TZA期权获得9600%的回报,通过交易3X ETF在3个月内使账户价值翻倍。 现在退休,享受每日交易股票和期权。 与星岛日报和星岛电台合作,每半年提供一次深入的股票和期权交易课程。
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