Michael Ashbaugh

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Feb. 13, 2020, 11:57 a.m. EST

Bullish momentum persists, Nasdaq clears 20-day volatility bands

Focus: Real estate sector takes flight, Health care sector challenges record highs, IYR, XLV, AMBA, V, SEDG, HOV

By Michael Ashbaugh, MarketWatch

Technically speaking, the U.S. benchmarks continue to trend higher, rising amid persistently muted February selling pressure.

Against this backdrop, the Nasdaq Composite has registered a bullish two standard deviation breakout — clearing its 20-day volatility bands — while the S&P 500 has notched a record close across five of the prior six sessions.

Link to MarketWatch's Slice.