Tuesday, October 17, 2017

DIA, QQQ, SPY Make New All-time High...FB All-time Closing High on HBO...AAPL, AMZN, GOOGL Rise...IBM Gains $7 in After-hours on EPS...




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



After the Close Review of Tuesday’s action…DIA, UNH, JNJ, GS, QQQ, AAPL, AMZN, FB, GOOGL, MSFT, SPY, IWM, VIX, TLT, CSX, MS, IBM, LRCX, CREE, Wednesday earnings charts, NFLX, SONC, ROST ADBE, MU, QCOM and financial stocks…10:07 pm PT
© 2017

Six sectors were higher on Tuesday, led by healthcare XLV +1.34% and utilities XLU +0.59%.

SPY up .18 at 255.47 on 31.5 million shares, 46% below average volume.  Up on lower volume.
VIX up .40 at 10.31
Oil up .02 to 51.94
TLT up .16 at 125.92…on 4.8 million shares, 37% below average.  Up on lower volume. 

UNH +5.53%, and JNJ +3.43%, led the DJIA, 14 advancers.
GWW +12.65%, PCG +7.51% and NAVI +4.01% led the SPX.
ULTA +4.43%, CSX +2.63%, BIIB +2.62%, HOLX +2.53%, and AMGN +2.36%, led the NDX.

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

Up: DIA, QQQ, SPY,
Down: IWM,

Breadth weakened on Tuesday as decliners led 1,655 to 1,211 on the NYSE and led 1,872 to 1,013 on the NASDAQ.

The SPY MFC green line is in upper zone at 98 bullish.

Uptrend sectorsXLI, XLF, XLB, XLK, XLV, XLE, XLY, XLRE, XLU,
Neutral sectors: XLP,
Down trend sectors:

Intermediate-term trending stocks:  MU, LRCX, CBOE, TAL, TTWO, LYV, FCAU, AA, EDU, PYPL, ANET, V, ALGN, BA, WYNN, A, ISRG, SQ, CC, TRU, FB, MCD, WB, NVDA, AABA, BABA, ATVI, EA, RACE, WUBA, ADBE, CCL, RCL, SHOP,


50 of 100 NDX stocks closed higher on Tuesday.

66 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 3
ALXN, AMGN, HSIC,

Moving Below 30 DMA = 4
AVGO, SBUX, SHPG, WDC


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

1 comment:

Steve said...

Dave, thank you again for Market Talk. Will you be planning any Workshop?