QQQ, DIA, SPY Make New All-time Closing Highs...NFLX, CSX Up After Hours on EPS...

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After the Close Review of Monday’s action…QQQ, AAPL, AMZN, FB, GOOGL, MSFT, DIA, JPM, SPY, IWM, XLF, XLK, XLE, XLY, XLI, XLP, XLB, XLU XLV, XLRE, NFLX, this week’s earnings, position review…AMAT, MU…

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Six sectors were higher on Monday, led by financial XLF +0.65% and technology XLK +0.36%.

SPY up .34 at 255.29 on 38.1 million shares, 36% below average volume.  Up on lower volume.

VIX up .30 at 9.91

Oil up .50 to 51.92

TLT down .09 at 125.76…on 5.7 million shares, 29% below average.  Down on lower volume. 

JPM +2.07%, and AAPL +1.84%, led the DJIA, 19 advancers.

DVA +4.02%, FCX +3.53% and NBL +2.76% led the SPX.

BIDU +3.86%, WYNN +3.15%, MU +2.70%, JD +2.45%, and AMAT +2.04%, led the NDX.

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

Up: QQQ, DIA, SPY,

Down: IWM,

Breadth weakened on Monday as decliners led 1,451 to 1,431 on the NYSE and led 1,520 to 1,325 on the NASDAQ.

The SPY MFC green line is in upper zone at 97 bullish.

Uptrend sectors:  XLI, 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,

53 of 100 NDX stocks closed higher on Monday.

67 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 4

FOXA, SHPG, VRTX, WYNN

Moving Below 30 DMA = 3

ADBE, EA, EBAY  

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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