{"id":1203,"date":"2021-05-26T13:18:37","date_gmt":"2021-05-26T16:18:37","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1203"},"modified":"2021-05-26T13:18:39","modified_gmt":"2021-05-26T16:18:39","slug":"the-nasdaq-and-sp-indices-trade-to-new-session-highs","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/05\/26\/the-nasdaq-and-sp-indices-trade-to-new-session-highs\/","title":{"rendered":"The NASDAQ and S&#038;P indices trade to new session highs"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">S&amp;P&nbsp;listen 1% from its all-time high<\/h2>\n\n\n\n<p>Both the&nbsp;NASDAQ and SMP indices are trading to new session highs.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The&nbsp;NASDAQ index&nbsp;traded as high as 13742.29. It&nbsp;is currently trading at 13741, up 83.85 points or 0.61%<\/li><li>The S&amp;P is&nbsp;trading up 10.9 points at 4199.05. That&#8217;s up 0.26%.&nbsp; Its&nbsp;hi it just reached 4199.92 just short of 4200.<\/li><\/ul>\n\n\n\n<p>The\u00a0S&amp;P index is\u00a0off the high from yesterday, but is still less than 1% from its all time high at\u00a04238.04<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210526\/2021-05-26_9-00-32.jpg\" alt=\"S&amp;P\u00a0listen 1% from its all-time high_\"\/><\/figure>\n\n\n\n<p>For the Nasdaq, the high yesterday\u00a0reached 13751. That\u00a0was just above it 61.8% retracement of the move down from the all-time high. That level comes in at 13749.72. A move above that level would\u00a0increase the\u00a0bullish bias. The\u00a0price is back above its 200 hour moving average at 13686.98. Yesterday the price moved above that moving average for the first time since May 9, only to fail and close back below. Closing above today would be more bullish going forward technically.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210526\/snag_60a8695.png\" alt=\"NASDAQ index\"\/><\/figure>\n\n\n\n<p>Meme&nbsp;stocks are leading the way:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Express,&nbsp;+24.24%<\/li><li>AMC,&nbsp;+18.4%<\/li><li>Gamestop,&nbsp;+16.37%<\/li><li>Blackberry,&nbsp;+11.18%<\/li><li>Bed Bath and Beyond,&nbsp;+10.24%<\/li><li>Koss,&nbsp;+7.8%<\/li><\/ul>\n\n\n\n<p>Ford\u00a0motor is up 7.06% is a increase there\u00a0capital investment in EV and\u00a0announced that orders for the\u00a0electric F150 is over 70K now.\u00a0\u00a0<\/p>\n\n\n\n<p><br>The Dow is lagging with a\u00a0gain of 73 points or 0.21% is being led by:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Nike, +2.58%<\/li><li>Goldman Sachs, +0.91%<\/li><li>American Express, +0.79%<\/li><li>Chevron, +0.71%&nbsp;<\/li><li>Home Depot, +0.71%<\/li><\/ul>\n\n\n\n<p>Biggest decliners in the Dow 30 include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Walgrens,\u00a0-3.49%<\/li><li>AMgen,\u00a0-0.93%<\/li><li>J&amp;J,\u00a0-0.51%<\/li><li>IBM,\u00a0-0.33%<\/li><li>Visa,\u00a0-0.26%<\/li><\/ul>\n\n\n\n<p><em>Source:<a href=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/the-nasdaq-and-sp-indices-trade-to-new-session-highs-20210526\" data-type=\"URL\" data-id=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/the-nasdaq-and-sp-indices-trade-to-new-session-highs-20210526\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.forexlive.com\/technical-analysis\/!\/the-nasdaq-and-sp-indices-trade-to-new-session-highs-20210526<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S&amp;P&nbsp;listen 1% from its all-time high Both the&nbsp;NASDAQ and SMP indices are trading to new session highs. The&nbsp;NASDAQ index&nbsp;traded as high as 13742.29. It&nbsp;is currently trading at 13741, up 83.85 points or 0.61% The S&amp;P is&nbsp;trading up 10.9 points at 4199.05. That&#8217;s up 0.26%.&nbsp; Its&nbsp;hi it just reached 4199.92 just short of 4200. The\u00a0S&amp;P index [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":904,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1203","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1203"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1203\/revisions"}],"predecessor-version":[{"id":1204,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1203\/revisions\/1204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/904"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}