MU Flies Like a Witch on Halloween...QQQ All-time Closing High led by AAPL, INTC, MDLZ and MU...

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

After the Close Review of Tuesday’s action… QQQ, AAPL, INTC, MDLZ, MU, SPY, MOS, UAA, ADM, FB, QCOM, BABA, AMZN, IWM, DIA, VIX, BAC, JPM, MS, C, STX, BA, HD, UNH, MSFT, AMAT, ADBE, NTAP, NFLX, PYPL, XLNX, ADSK…10:47 pm PT

© 2017

Seven sectors were higher on Tuesday, led by staples XLP +0.84% and technology XLK +0.43%.  K, MDLZ, SJM and HRL led staples.

SPY up .40 at 257.15 on 57.8 million shares, 3% below average volume.  Up on higher volume.

VIX down .32 at 10.18

Oil up .52 to 54.64

TLT up .04 at 124.46…on 4.4 million shares, 40% below average.  Up on lower volume.

INTC +2.52%, and AAPL +1.39%, led the DJIA, 15 advancers.

ROK +7.39%, MOS +7.15% and K +6.22% led the SPX.

MU +6.39%, MDLZ +5.42%, WYNN +4.45%, WDC +4.06%, and EXPE +3.70%, 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 Tuesday as advancers led 1,825 to 1,087 on the NYSE and led 1,815 to 1,063 on the NASDAQ.

The SPY MFC green line is in upper zone at 87 bullish.

Uptrend sectors:  XLK, XLY, XLU, XLF, XLB, XLE, XLRE, XLI, XLV,

Neutral sectors:

Down trend sectors: XLP,

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

62 of 100 NDX stocks closed higher and one was unchanged on Tuesday.

53 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 5

ILMN, MDLZ, PCLN, WDC, WYNN,

Moving Below 30 DMA = 4

INCY, MYLAN, QCOM, TSCO,

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