After the Close Review
of Friday’s action…DIA, DJIA, SPX, SPY,
/ES, IWM, TLT, QQQ, AAPL, AMZN, FB, GOOGL, MSFT, AMAT, CSX sim trade profit review, Sector charts,
Earnings stocks strong this week plus ADBE
and HCA, charts on next week’s earnings…MU, NTAP setups… Oct 21 9:23 pm PT
© 2017
Earnings’
stocks SKX, GWW, IBM, LRCX, UNH,
SYF, HOG, SNA, TRV, CMA, MS and PYPL along with ADBE, HCA were among the week’s leaders.
Eight sectors were higher on Friday, led by financial XLF +1.18% and industrials XLI +1.08%.
SPY up 1.32 at 257.11 on 89.2 million shares, 51% above average volume. Up on
higher volume.
VIX down .08 at 9.97
Oil up .48 to 52.07
TLT down 1.33 at 123.98…on
11.8 million shares, 55% above average. Down on higher volume.
BA +2.20%, and UNH +2.09%, led
the DJIA, 27 advancers.
UAA +6.26%, DOV
+6.09% and
M +4.85% led the SPX.
PYPL +5.53%, MXIM
+3.99%, ISRG +3.39%,
ILMN +2.29%, and ADBE +2.28%, led the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up:
DIA, SPY, IWM, QQQ,
Down:
Breadth strengthened
on Friday as advancers led 1,760 to
1,139 on
the NYSE and led 1,739 to 1,095 on the NASDAQ.
The SPY MFC green
line is in
upper zone at 98 bullish.
Uptrend
sectors: XLI,
XLF, XLB, XLK, XLV, XLE, XLY, XLRE, XLU,
Neutral
sectors: XLP,
Down
trend sectors:
Intermediate-term trending stocks: LRCX, ADBE, PYPL, ALGN, NVDA, BA, SQ, MCD, MU,
CC, TRU, FB, A, ISRG AA, CBOE, TAL, TTWO, LYV, AABA, BABA, FCAU, EDU, ANET, V, WYNN,
RACE, WUBA, CCL, RCL, SHOP, ATVI, EA, WB,
67 of 100 NDX stocks closed
higher on Friday.
60
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 5
ILMN, JBHT, MDLZ, SWKS, WDC
Moving Below 30 DMA = 5
AVGO, ORLY, QCOM, SBUX, WYNN
The
intermediate and long-term trends are still up.
6-month Intermediate Term
Market Trend: Up
3-day Short Term Market
Trend: Up
1 comment:
Great video Dave. Thank you!
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