Day Traders Diary

5/9/19

 The major averages are down less than one percent after falling as much as 1.5%, falling below its 50-day moving average. Investors remained anxious about the prospects of a U.S.-China trade deal. Stocks had lifted off the lows due to encouraging comments from President Trump. We will see. In the tech space, Intel is down by 5% after making cautious comments about business. To the upside Roku is jumping 25% following earnings. Fox Corp is up 3% following earnings. Chevron is jumping 3% after dropping its bid from Anadarko.