Three sectors were higher and one was unchanged on Wednesday, led by energy XLE +.40% and
industrials XLI
+0.11%.
SPY down .23 at 259.76 on 45.0 million shares, 26% below average volume. Down
on lower volume.
VIX up .15 at 9.88
Oil up .96 to 58.06, new 52-week high
TLT up .41 to
at 127.15…on 4.1 million shares, 40%
below average volume. Up on lower volume.
VZ +1.99%, and AAPL +1.05%, led
the DJIA, 8 advancers.
DE +4.32%, TRIP
+4.21% and
CHK +4.20% led the SPX.
CERN +5.02%, SHPG
+3.42%, DISCA +3.13%,
HSIC +2.91%, and BIDU +2.19%, led the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up:
QQQ,
Down:
SPY, IWM, DIA,
Breadth weakened on Wednesday as
advancers led 1,635
to 1,249 on the NYSE and led 1,611 to
1,311 on
the NASDAQ.
The SPY MFC green
line in the
upper zone at 86 bullish.
Uptrend
sectors: XLY,
XLK, XLRE, XLF, XLU, XLE, XLB,
Neutral
sectors: XLP, XLV, XLI,
Down
trend sectors:
Intermediate-term trending stocks: LRCX, ADBE, PYPL, ALGN, NVDA, BA, SQ, V, MCD,
CAT, MU, CC, TRU, FB, A, ISRG, AA, CBOE, TTWO, AABA, BABA, FCAU, CDNS, ANET,
WYNN, RACE, RNG, WUBA, TAL, CCL, RCL, LYV, EDU, SHOP, ATVI, WB
47 of 100 NDX stocks closed
higher on Thursday.
58
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
CERN, SHPG,
Moving Below 30 DMA = 3
FISV, SWKS, XLNX
The
intermediate and long-term trends are still up.
6-month Intermediate Term
Market Trend: Up
3-day Short Term Market
Trend: Up
2 comments:
Happy thanksgiving!
Dave, wish the best for you, your wife, kids and grands. Thank you for sharing you great knowledge with us. Appreciate also your warm words in your videos. So much to be greateful about this country.... you are totally right. Like always.
Marcelo
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