Jobless Numbers, China Pullback, & Semis

SPDR S&P 500 ETF Trust (SPY)

Index – USA

Currently trading below yesterday’s close. Weekly Initial Jobless Claims for the week ending September 28 were 225,000, an increase of 6,000 from the previous week’s revised level, according to data the Labor Department released on Thursday.

  • STOCK – 50 Day Volume Average (mil): 54.839
  • STOCK – ATR: 6.30
  • STOCK – RSI daily: 57.81
  • STOCK – Resistance: 568, 568.5
  • STOCK – Support: 567, 567.5, 566
  • STOCK – Today’s Current Volume (mil): 0.622

Theriva Biologics (TOVX)

Biotechnology – Maryland USA

Recent down trend. Gapping up this morning on outcome of data. Needs a big push to get over 2 for further momentum.

  • STOCK – 50 Day Volume Average (mil): 0.871
  • STOCK – ATR: 0.60
  • STOCK – In Play Catalyst: Positive News
  • STOCK – RSI daily: 27.35
  • STOCK – Resistance: 1.9, 2
  • STOCK – Short Float %: 6.84
  • STOCK – Support: 1.8, 1.5
  • STOCK – Today’s Current Volume (mil): 21.141

Ke Holdings Inc – ADR (BEKE)

Real Estate ADR – Bejing

Chinese stock have pulled back and been trading lower since yesterday morning. This morning buying strength drives BEKE back over 24.

  • STOCK – 50 Day Volume Average (mil): 10.126
  • STOCK – ATR: 1.36
  • STOCK – In Play Catalyst: Industry Trending
  • STOCK – RSI daily: 82.42
  • STOCK – Resistance: 24.75, 25, 25.25
  • STOCK – Short Float %: 2.61
  • STOCK – Support: 24, 23.5
  • STOCK – Today’s Current Volume (mil): 6.681

Super Micro Computer (SMCI)

Semiconductors

Strong buying on the open. Super Micro Computer announced a partnership with Japanese information-technology services provider Fujitsu to develop energy-efficient generative-artificial-intelligence servers.

  • STOCK – 50 Day Volume Average (mil): 80.371
  • STOCK – ATR: 3.41
  • STOCK – In Play Catalyst: Positive News
  • STOCK – RSI daily: 44.25
  • STOCK – Resistance: 44, 44.5, 45
  • STOCK – Short Float %: 17.37
  • STOCK – Support: 43.25, 43, 42.5
  • STOCK – Today’s Current Volume (mil): 7.985