RPT-BUZZ-U.S. stocks weekly: Seesaw

** S&P 500's sharp swings ultimately lead to a 2.1pct gain; violent up-down-up action ends a 2-week losing streak

** Indeed, a long-term moving average works its magic, as DJI does the same dance

** This as Nasdaq Composite tries to get throughtroubled times. Though FANG decay can lead to toothloss on the charts

** Nevertheless, in the end, all sectors manage to have fun:Defensive/bond proxies rule the playground, while energyconsiders indoor recess

** Defensive sectors: Utilities, Telecom, Real Estate and Staples rally3-3.5 pct. Staples enjoy their best week in nearly 5 years.Though charts suggest defensives may not yet be the rightoffensive call

** Industrials gain 2 pct. GE sinks below$13 for first time since 2009, then jumps on marketchatter Warren Buffet looking to buy a stake in the co

** Tech rallies 1.7 pct. Sector bounces back onupgrades, easing China trade fears. Microsoftgains >4 pct as Morgan Stanley sees path to $1 trlnmarket cap. Both Alphabet and Facebooksee dramatic swings, finish green

** Financials add 1.4 pct. KBW says big U.S. banksare getting ready for M&A. KBW Nasdaq Bank Indexadvances 2.5 pct

** Cons Disc gains 1.2 pct. Amazon.comcloses down ~3 pct as President Trump escalates his attack onthe co . Though more traditionalretailers climb on the news. Top SPX stock, Macy'sgains ~9 pct

** SPX sector performance over past 12 mths: https://reut.rs/2GtQ008

** Meanwhile, Tesla skids to year-low followingfederal probe into car crash. MS sees buyingopportunity, while Instinet says brand remains rocksolid. Though share slide can expose chart magnets