Thursday, October 26, 2017

Stocks Continue Wednesday Afternoon's Rebound...AMZN, GOOGL, ALGN Soar in After-hours...




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


After the Close Review of Thursday’s action… DIA, SPY, IWM, QQQ, CELG, CHTR, AAPL, AMZN, FB, GOOGL, MSFT, CMCSA, INTC, NVDA, SBUX, ORLY, earnings stocks positive reactions and negative reactions as money rotates from losing earning stocks to winning earning stocks again today…9:37 pm PT

© 2017


After-hours earning reactions AMZN, GOOGL, ALGN, MSFT, INTC are up and BIDU, EXPE, CERN, GILD, MAT, WDC, WYNN, KLAC are down.


DIA, SPY, QQQ and IWM are still forming a bull flag price pattern.   .


Leading stocks TWTR, FTI, UNP, ORLY, WM, APD, PX, FFIV, Q, NSC and BWA were all higher on positive EPS reactions on Thursday.


Eight sectors were higher on Thursday, led by materials XLB +1.33% and financials XLF +0.56%.

SPY up .33 at 255.62 on 69.5 million shares, 16% above average volume.  Up on lower volume.
VIX up .07 at 11.30
Oil up .65 to 52.82
TLT down .41 at 122.43…on 8.2 million shares, 10% above average.  Down on lower volume.


NKE +3.40%, and DWDP +2.76%, led the DJIA, 24 advancers.
AET +11.54%, FL +5.69% and FTI +5.64% led the SPX.
ORLY +5.56%, MELI +3.38%, PCAR +2.63%, JBHT +2.49%, and WDC +2.39%, led the NDX.

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

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

Breadth strengthened on Thursday as decliners led 1,508 to 1,395 on the NYSE and led 1,463 to 1,381 on the NASDAQ.

The SPY MFC green line is in upper zone at 86 bullish.

Uptrend sectorsXLI, 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, 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


55 of 100 NDX stocks closed higher and one was unchanged on Thursday.

53 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 5
HOLX, ILMN, ORLY, SBUX, WYNN

Moving Below 30 DMA = 6
AAL, AVGO, CA, CERN, ESRX, MAT,


The intermediate and long-term trends are still up.

6-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Down


Add Comments here

1 comment:

Fav said...

Dave
Thanks for the video.
It would be great if you put in some sim trades again