Technology stocks recovered ahead of lockout;  NASDAQ ended with a slight increase

Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations

23:02

After sharp declines of more than 2% during the day, Wall Street trading closed in a mixed trend. Nasdaq finished with a slight increase, the S & P500 fell 0.1% and the Dow Jones fell 0.4%.

The health sector climbed 1%. Modern It jumped more than 9% after the company’s CEO said that the company was working with world health leaders on the development of a Boomar-adapted booster vaccine. Biontech, Novaux, Bristol Myers and Mark also strengthened.

Among the technology giants, the declines of 3% -5% were significantly reduced and some stocks also ended up. The entire sector rose close to 0.1%, following a decline that reached more than 2% earlier. Tesla Added about 3%, Intel 3.3%, and also AMD , Anvidia, Google and Adobe climbed slightly. On the other hand, the share of the chip giant ASML fell close to 4%, Facebook dropped about 1% and Amazon fell by 0.6%.

As for Israeliness on Wall Street, Floristem Concentrated the interest of investors due to the Silent Cultivated Meat Plant together with Tnuva and it soared to close to 25%. Also Playtica, Yes Fight, NRX, Sol Gel, Zim andOfco Health Progress. On the other hand, IceCure Medical Imitating 11%, BiondVax dropped 10% and also REE, Global Island, Invis, Toxpace, Siren and NeoGames lost height.

10-year US government bonds ended the day with a yield of 1.77%, only a slight increase compared to the yield with which it started the day, after crossing the 1.8% during the day.

21:30

The declines in the US indices are moderating: NASDAQ is now down 0.8%, Dow is down 0.7% and S & P500 is down 0.6%. The decline in the technology sector stands at 0.7% as some of the tech giants have even gone up – including Tesla and Google. The health sector moved up 0.5%.

Modern continues to climb by about 9% and so does Biotech, soup United United and Bristol Myers are coming up. While Zynga is still soaring by 42%, its buyer Take Two is being cut by 15%.

In the bond market, the gains have moderated, the yield on 10-year US government bonds stands at 1.77%, when earlier it reached 1.8%.

19:50

The negative trend on Wall Street is getting stronger. The Nasdaq is down 2.3%, the S & P500 is down 1.7% and the Dow Jones is down 1.3%. The technology sector is down 2.4%, the health sector is down just 0.2% in light of rising vaccine and drug companies.

Tesla, Google and Apple are down 1.6%, chip companies Anvidia and AMD are down 5%, Amazon is down 3.2%, Meta is down 3.8% and Microsoft is down 2.6%. Intel, on the other hand, is up 1.5%, Zynga is up 43%, Moderna is up 6.8%, and Nova-Wax, Bristol Myers and Biontech are also strengthening.

Among Israelis, BiondVax dives 12%, Global Island loses 10%, IceCure and Invis fall more than 8% each, Lemonade and Ormed also weaken at a similar rate. On the other hand Floristem jumps 19%, Playtica more than 7%.

In the commodity trading arena, there was a decrease of about 1% in both types of crude oil and a decrease of 0.1% in the price of gold. On the other hand, natural gas jumps by 4.8%. In the crypto market the declines are moderating slightly. Bitcoin is trading again at over $ 40,000 (40.8 thousand d) and the ether stands at $ 3,000.

18:35

The declines in Wall Street continue, although they have moderated slightly in the Nasdaq index, which has already lost over 2% and is now shedding about 1.7%. The Dow Jones is down 1%, the S & P500 is down 1.2%. Over 80% of companies The New York Stock Exchange and the NASDAQ are recording losses today, with about 450 companies reaching a one-year low today.

The technology sector is losing about 1.8%, mainly due to significant declines in Anvidia, AMD, Meta, PayPal and Amazon. Google, Apple and Microsoft are recording moderate declines, Tesla has narrowed the decline and is trading at minus 0.2%.

Modern Jumps by 11%, partly against the background of the CEO’s statement that the company is working with world health leaders on the development of a booster-adapted booster vaccine.

In Europe, trade is locked in bright red. The German DAX was down more than 1%, the French Kak was down 1.4% and Potsey was down 0.5%. Eurostox 50 was down 1.5%, while the Amsterdam index was down almost 2%.

16:55

The declines on Wall Street are intensifying. The Nasdaq is already down 1.8%, the S & P500 is down 1.2% and the Dow Jones is down 0.8%.

The technology giants are recording significant declines (see previous detail), as well Air BNB Cut by about 5.6%, the chip giant ASML Decreases by 5.2% andPalo Alto At 3.3%. On the other hand, Modern andBristol Myers Strengthen by about 2%, Gilead Science At 0.8%.

Among Israeli stocks Politics Stands out as it jumps 6.5%, Floristem As stated, it is strengthening in light of the cooperation with Tnuva, as well as advanced fight and nature. On the other hand, IceCure, Novocure, Allot, Global E, Gilat and Toxpace are recording significant declines.

16:32

Another negative week in the doorway? The Wall Street indices are trading lower, with the Dow Jones down 0.4%, the S & P500 0.8% and the Nasdaq 1.2%. To 1.79%. About a week and a half ago it was still at 1.50%.

The big tech companies are once again recording a weak day. Dark Decreases by 1.1%, Alphabetical (Google) andAmazon In 2%, Tesla andAnvidia At 3.9%, Meta (Facebook) At 3.2%, AMD At 3% andMicrosoft By 1.6%. On the other hand, Intel Records a slight increase.

A huge deal in the gaming world: Take-Two Interactive acquires mobile gaming company Zynga, for $ 12.7 billion. The purchase is made at a price of $ 9.86 per share of Zynga , A 64% premium on its closing price last Friday. Zynga jumps close to 50% while Q.Take two Loses 8.5%.

Floristem The Israeli company jumps about 14% in parallel with its rise in Tel Aviv, after announcing the establishment of a joint company in the field of civilized food with the Tnuva Group. Tnuva will invest $ 7.5 million in NewCo at a value of $ 40 million before the money. Raw, and Tnuva will provide the R&D envelope for the development of the final products to the consumer, and later the distribution and marketing of the products in Israel and around the world. It is estimated that the first raw product based on cultured meat will be launched in 2023.

In the crypto market, the declines continue, and Bitcoin loses 4% and trades around $ 39.9 thousand. Heather also weakened nearly 5% to $ 2,948 per unit.

14:00

The declines continue in Europe: the DAX is down 0.3%, the Potsy is down 0.1% and the CAC is down 0.35%. Trading in Wall Street indices is down slightly.

Bitcoin is down 1.9% to $ 41,523.

12:30

Europe’s trading day is characterized by volatility, while the continent is waiting for new data on the state of US inflation and the Fed chairman’s response to interest rates. Now the main dimensions are declining: the DAX is down 0.1%, the Potsy is down 0.03% and the CAC is down 0.08%.

Crude oil and Brent oil are down 0.2%, natural gas is up 5.1% and gold is up 0.12%.

Bitcoin is down about 1.15% and stands at $ 41,936.

11:05

Europe has moved to slight declines: the Dax, the Potsy, and the Kak are all down 0.1% to 0.2%.

In Asia, the stock markets closed up: the Shenzhen and Shanghai indices closed up 0.4%, and the Hong Kong stock market rose 1.08%.

10:10

The trading week on the European stock exchanges opened with slight gains in the major stock indices. In trading in contracts on the Wall Street indices, there are slight increases.

The yield on 10-year US government bonds rises by 3 basis points to 1.80%.

08:00

Asian stock markets are trading today in a mixed trend. The Kospi index is down about 1% and the Hang Seng index is up 0.8%. There is no trade in Tokyo. In trading on Wall Street indices, there is a mixed trend with a tendency for slight increases.

In the commodity trading arena, a Brent oil contract is on the rise, trading at around $ 82 a barrel. The yield on 10-year US government bonds stands at about 1.77%.

In the crypto arena, bitcoin is down about 1% and trades around $ 42,000. Atherium is down 0.8 percent, trading at around $ 3,170.

In its weekly review, Oppenheimer’s technical strategist addresses the phenomena that characterize January, which is traditionally characterized by the transition of investors’ money to channels that lagged behind at the end of the previous year. This year we saw a shift in investment from “growth” channels to “value” channels, with Ari Wald believing that the positive trend in the US general stock market should be maintained, even in the rotation scenario for “value” channels.

Looking at the broad S&P 500 index, Wald notes the continuation of the positive trend, as long as the index remains above the support level of 4,600 points. However, it is waiting for another sign to support the positive trend, an increase above 60% in the S&P 500 Representative Rate which is in a positive trend (above an average moving to 200 days), while this figure still remains below the 60% threshold, mainly due to relative weakness in corporate stocks Small. The stock market’s seasonal behavioral pattern is consistent with the ‘January effect’, with stocks that have performed poorly so far closing the gap with stocks that rose at the end of the previous year. Hold, when this time it is a broad participation of “value” stocks that recorded relative weakness in the second half of 2021. However, the Small-Cap stock channel that recorded relative weakness throughout 2021 as a whole, is not able to recover this year either, despite the “January effect” pattern. “Due to the high concentration of representatives from the health sector, especially biotechnology, who are not affected by macro factors and do not belong to the ‘value’ group of shares.”

By Editor

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