Slight decrease on US 500 Friday

The market showed a small loss Friday, and S&P 500 (SP500) ended the day at 3811 points, which is a decline of 0.48 percent. The week as a whole showed a loss of 2.4%.

158 shares showed a gain and 341 showed a loss. 2 shares were unchanged and closed at the same price as the previous day. There was no trading in 2 shares.

Value of the total volume of shares and primary capital certificates traded Friday was approximately 282.9 billion.

Twitter Inc (TWTR) rose 3.31 percent and broke the 75.00 -mark for the first time ever. The new all time high close is 77.06 $. The stock has thereby closed up 16 out of the past 19 days and this past month the stock has gained as much as 55.14 percent. It also looks good technically. The stock is trend wise positive in the medium term, has support at 53.00 $ and a further increase is indicated.
Carnival Corporation (CCL) rose sharply to close at 26.75 $, up 5.03 percent. The stock has thereby closed up seven out of the past nine days and this past month the stock has gained as much as 42.90 percent. Technically it also looks good. The stock is trend wise positive in the medium term, has broken up through the resistance at 24.00 $ and a further increase is indicated.
Costco Wholesale Corporation (COST) declined slightly 0.87 percent and ended the day at 331 $. The stock has now fallen for the seventh day in a row. The stock is with that down 8.91 percent after the sell signal from head and shoulders formation two months ago.
Pfizer, Inc. (PFE) was down 0.98 percent to close at 33.49 $. The stock has not closed at a lower price since Jul 2020. The stock has thereby closed down six out of the past seven days and this past month the stock has lost as much as 10.24 percent.
McDonalds Corporation (MCD) showed a negative development and ended the day at 206 $, which is a decline of 2.28 percent. We must go back to Aug 2020 to find a lower close for the stock. The stock has thereby closed down nine out of the past 12 days. The stock broke down through the support at 206 $ in rectangle formation. This triggered a sell signal on increasing volume and a further drop to 198 $ within three months is indicated.

Most traded Friday

Apple Inc.19873.58
Amazon.com, Inc.13190.62
Microsoft Corporation8773.43
NVIDIA Corporation6851.12
Facebook A6834.82
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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