Financial Review

…Stocks bounce at the end of a very bad week. Another (short) government shutdown. Winners and losers Financial Review by Sinclair Noe for 02-09-2018   DOW + 330 = 24,190 SPX + 38 = 2619 NAS + 97 = 6874 RUT + 14 = 1477 10 Y – .02 = 2.83% OIL – 1.94 = 59.21 GOLD – 2.60 = 1316.70   Another wild day. The Dow Industrial Average started the session with about a 300-point gain, which turned into a loss, back to positive, then negative, then a big rally into the close. The intraday swings covered 1,000 points. The S&P 500 swung from as high as up 2.2 percent to down 1.9 percent. Call it a Maalox Friday.   We might be getting near some important levels of support. The 200-day moving average is an important indicator of the overall trend. You could make the claim that the wild trading of the past week is just a bout of long overdue volatility, but a break below the 200-day moving average would indicate a change of trend, and likely lead to some program selling. The 200-day moving average for the Dow is at 22,792; the