QQQ, XLB, XLK, XLP, XLY Make New All-time High Close...SPX / SPY Near March 1 All-time High...Seven Sectors in Uptrend...

• ·         SPX rallies makes second highest all-time closing high. 
• ·         Nine sectors were positive led by materials XLB and financials XLF. 
• ·         VIX down -0.08 to 10.76.
• ·         Oil rises +0.15 to 49.36
• ·         CAT +7.86% after earnings leads DJIA.
• ·         AA +9.55% after earnings leads SPX higher.
• ·         NFLX +5.79% leads NDX.
• ·         Short-term, intermediate and long term up trend intact.

Up: DIA, IWM, QQQ, SPY,

Down:

Uptrend sectors:  XLB, XLI, XLK, XLP, XLY, XLRE, XLV,

Look for a potential bounce in stronger stocks like: MU, V,

Bounces included: DIS,

Potential Breakouts include: SPY, IWM, DIA, AVGO, V, WDC, MAR, MXIM, PAYX, ROST, TXN, WBA, ETFC, AMZN, TSLA,

                  (click image to enlarge)

Breakouts: DIA, UNH, AAL, ADP, AVGO, COST, SWKS, KEY, NVDA, NTES,

New Highs QQQ, XLY, MCD, ADBE, ADSK, AMAT, ATVI, EA, EXPE, FB, JD, LRCX, MSFT, PYPL, BABA, WMT, UNH, HD, MCHP, STX, DIS, CSX, SBUX,

Earnings this week:

Monday:  HAS, HAL, ITW, KMB, AA, WHR, ZION, ESRX,

Tuesday: DD, BHI, BIIB, GLW, KO, MMM, FCX, CMG, T, WYNN, ILMN, JNPR,

Wednesday: AMGN, FISV, PYPL, TSCO, XLNX, CTXS, ALK, BA, PEP, UTX, PG,

Thursday: AAL, ALXN, AMZN, BMY, CELG, CERN, CMCSA, CME, F, GOOGL, INTC, KLAC, LUV, MSFT, SBUX, SWKS, UAA, UPS, VRSN, WDC

The intermediate and long-term trends are still up.

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

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