VIX Closes at 9.19, a Record Closing Low...as QQQ, SPY, DIA Make New All-time Closing Highs...

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After the Close Review of Thursday’s action… QQQ, GOOG, MSFT, FB, AMZN, AAPL, SPY, DIA, IWM, VIX, SPXL, /ES, AMAT, CSX, GPRO, SYMC, BIDU, KSU, ZION, BABA, ADBE, WYNN, PYPL, EBAY, TSCO, CRM, V, NTAP, CTRP, AAL, BAC, MS, STT, AA, BABA, CCL, RCL, NCLH, CC…

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Nine sectors were higher on Thursday, led by financials XLF +1.04% and technology XLK +0.96%.

SPY up 1.50 at 254.66 on 63.3 million shares, average volume.  Up on higher volume.

VIX down .44 at 9.19

Oil up .85 to 50.75

TLT down .47 at 123.94…on 8.0 million shares, 3% below average.  Down on higher volume. 

GS +2.39%, and MSFT +1.71%, led the DJIA, 23 advancers.

GCI +5.39%, STZ +4.01% and LB +3.46% led the SPX.

NFLX +5.39%, NCLH +4.34%, BIIB +3.75%, XRAY +3.09%, and PYPL +2.83%, led the NDX.

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

Up: QQQ, SPY, DIA, IWM

Down:

Breadth strengthened on Thursday as advancers led 1,760 to 1,119 on the NYSE and led 1,749 to 1,096 on the NASDAQ.

The SPY MFC green line is in upper zone at 99, bullish.

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

Neutral sectors: XLP, XLU,

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,

71 of 100 NDX stocks closed higher on Thursday.

70 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 7

AMZN, MELI, NCLH, NTES, REGN, SBUX, XRAY

Moving Below 30 DMA = 6

CELG, DISCA, MAT, SHPG, ULTA, VIAB

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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