Friday, December 15, 2017

QQQ, SPY, DIA Reach All-time Closing Highs on Friday following Tax Reform Developments...Changes to NDX Before the Open on Monday....



Share Comments in the section below or email us at chartsignals@yahoo.com



After the Close video is coming…check back later…


© 2017


The NDX 100 will complete its annual changes before the open on Monday when AKAM, DISCA, NCLH, TSCO and VIAB will be removed from the index and ASML, CDNS, SNPS, TTWO and WDAY will be added.


Nine sectors were higher on Friday, led by technology XLK +1.14% and staples XLP +1.13%.


SPY up 2.21 at 266.51 after a 1.35 quarterly dividend on 144.6 million shares, 86% above average volume.  Up on higher volume.
VIX down 1.07 at 9.42
Oil up .22 to 57.39
TLT up .48 at 128.35…on 7.0 million shares, 8% below average volume.  Up on higher volume.


INTC +3.01%, and MSFT +2.55%, led the DJIA, 26 advancers.
UAA +9.77%, FCX +4.88%, and CAH +4.71%, led the SPX.
BMRN +5.07%, DISCA +4.99%, ESRX +3.67%, COST +3.32%, and INTC +3.01%, led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is up.

Up: IWM, QQQ, SPY, DIA
Down:

Breadth strengthened on Friday, as advancers led 2,036 to 900 on the NYSE and led 2,036 to 873 on the NASDAQ.

The SPY MFC green line is pointed up in the upper zone at 91, bullish.

Uptrend sectorsXLY, XLI, XLF, XLB, XLV, XLP, XLE, XLRE,
Neutral sectors: XLK, XLU
Down trend sectors:

Intermediate-term trending stocks:  Many of these stocks have had significant pull backs over the past week and it is appropriate to wait for the uptrend to resume before considering entry… CBOE, VRSN, WYNN, BA, MCD, CAT, TRU, LYV, FCAU, CCL, RCL, SQ, CC, EDU, AA, ADBE, PYPL, ALGN, V, MU, FB, A, ISRG, TTWO, AABA, BABA, CDNS, ANET, RNG, WUBA, SHOP, ATVI, WB, LRCX, NVDA, RACE, TAL,


85 of 100 NDX stocks closed higher on Friday.

67 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 9                            
EA, FB, HSIC, ILMN, KHC, PYPL, REGN, VRTX, XRAY

Moving Below 30 DMA = 1
SIRI,  


The intermediate and long-term trends are still up.

6-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up



Add Comments here

Thursday, December 14, 2017

SPX Lower on Weakness in Material and Healthcare Sectors...DJIA Snaps 5-day Advance Led by Declines in CAT, UNH...




Share Comments in the section below or email us at chartsignals@yahoo.com


After the Close Review of Thursday’s market action…QQQ, DIA, SPY, IWM, VIX, DIS, FOXA, BA, NKE, KO, PG, IBM, AAPL, AMZN, FB, GOOGL, MSFT, NFLX, TXN, AAL, MAR, STX, XLY, XLRE  and more breakout setups…technical analysis insights…10:12 pm PST
© 2017


Two sectors were higher on Thursday, led by discretionary XLY +0.31% and real estate XLRE +0.09%.


SPY down 1.09 at 265.66 on 100.1 million shares, 40% above average volume.  Down on similar volume.
VIX up .31 at 10.49
Oil up .50 to 57.17
TLT up .54 at 127.87…on 6.9 million shares, 9% above average volume.  Up on lower volume.


DIS +2.75%, and BA +0.70%, led the DJIA, 6 advancers.
MAT +4.17%, TIF +3.37%, and DAL +3.02%, led the SPX.
FOXA +6.50%, LBTYA +1.99%, TXN +1.41%, CMCSA +1.40%, and DISCA +1.26%, led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is down.

Up:
Down: QQQ, DIA, SPY, IWM

Breadth weakened on Thursday, as decliners led 1,914 to 1,016 on the NYSE and led 2,067 to 856 on the NASDAQ.

The SPY MFC green line is pointed up in the upper zone at 91, bullish.

Uptrend sectorsXLY, XLI, XLF, XLB, XLV, XLP, XLE, XLRE,
Neutral sectors: XLK, XLU
Down trend sectors:

Intermediate-term trending stocks:  Many of these stocks have had significant pull backs over the past week and it is appropriate to wait for the uptrend to resume before considering entry… CBOE, VRSN, WYNN, BA, MCD, CAT, TRU, LYV, FCAU, CCL, RCL, SQ, CC, EDU, AA, ADBE, PYPL, ALGN, V, MU, FB, A, ISRG, TTWO, AABA, BABA, CDNS, ANET, RNG, WUBA, SHOP, ATVI, WB, LRCX, NVDA, RACE, TAL,


38 of 100 NDX stocks closed higher on Thursday.

59 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 1                            
PCLN,

Moving Below 30 DMA = 6
ILMN, KHC, LVNTA, QCOM, REGN, XRAY


The intermediate and long-term trends are still up.

6-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Down



Add Comments here

Wednesday, December 13, 2017

Fed Raises Rates as Expected...DIA New All-time High as Staples and Industrials Lead...




Share Comments in the section below or email us at chartsignals@yahoo.com



After the Close Review of Wednesday’s market action…IWM, DIA, CAT, NKE, WMT, MMM, MCD, HD, UTX, BA, CSCO, QQQ, AAPL, AMZN, FB, GOOGL, MSFT, SPY, VIX, XLP, XLI  and more breakout setups…technical analysis insights…9:35 pm PST
© 2017


Seven sectors were higher on Wednesday, led by staples XLP +1.57% and industrial XLI +0.39%.


SPY down .03at 266.75 on 85.1 million shares, 40% above average volume.  Down slightly on higher volume.
VIX up .26 at 10.18
Oil down .78 to 56.67
TLT up .95 at 127.33…on 8.5 million shares, 10% above average volume.  Up on higher volume.


CAT +3.59%, and NKE +3.43%, led the DJIA, 19 advancers.
CTL +6.69%, MAT +6.63%, and FOSL +5.10%, led the SPX.
MELI +8.07%, JD +5.81%, NTES +3.85%, HAS +3.73%, and INCY +2.79%, led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is up.

Up: IWM, DIA, QQQ,

Down: SPY,

Breadth strengthened on Wednesday, as advancers led 1,638 to 1,285 on the NYSE and led 1,785 to 1,093 on the NASDAQ.

The SPY MFC green line is pointed up in the upper zone at 90, bullish.

Uptrend sectorsXLY, XLI, XLF, XLB, XLV, XLP, XLE, XLRE,
Neutral sectors: XLK, XLU
Down trend sectors:

Intermediate-term trending stocks:  Many of these stocks have had significant pull backs over the past week and it is appropriate to wait for the uptrend to resume before considering entry… CBOE, VRSN, WYNN, BA, MCD, CAT, TRU, LYV, FCAU, CCL, RCL, SQ, CC, EDU, AA, ADBE, PYPL, ALGN, V, MU, FB, A, ISRG, TTWO, AABA, BABA, CDNS, ANET, RNG, WUBA, SHOP, ATVI, WB, LRCX, NVDA, RACE, TAL,


59 of 100 NDX stocks closed higher on Wednesday.

64 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 7                            
HAS, ILMN, JD, KHC, KLAC, REGN, XRAY

Moving Below 30 DMA = 1
FB,

The intermediate and long-term trends are still up.

6-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up



Add Comments here