After the Close Review
of Friday’s action …QQQ, AAPL, AMZN, FB,
MSFT, GOOGL, SPY, DIA, IWM, VIX, AAPL, SBUX, ATVI, MELI earning’s gainers
and losers, more bull flag setup, entries and breakout setups...
Six sectors were higher and one was unchanged on Friday, led by healthcare XLV +0.83% and
technology XLK
+0.79%.
- XRAY, VRTX, ALGN, AET and HOLX led healthcare.
- QCOM, AVGO, MSI, CTXS, AAPL and AMD led technology.
SPY up .86 at 258.45 on 59.6 million shares, 1% below average volume. Up on
higher volume.
VIX down .79 at 9.14, all-time closing low.
Oil up .94 to 55.70
TLT up .34 at 125.64…on
10.7 million shares, 40% above average. Up on higher volume.
AAPL +2.61%, and MRK +1.25%, led
the DJIA, 18 advancers.
GCI +11.02%, NRG
+6.35% and
FLR +5.40% led the SPX.
MELI +13.28%, QCOM
+12.71%, XRAY +5.95%,
AVGO +5.45%, and VRTX +3.50%, led the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up:
QQQ, SPY, DIA,
Down:
IWM
Breadth weakened on Friday as
decliners
led 1,485 to 1,379 on the NYSE and advancers led 1,478 to 1,396 on the
NASDAQ.
The SPY MFC green
line is in
upper zone at 92 bullish.
Uptrend
sectors: XLK,
XLY, XLU, XLF, XLB, XLE, XLI,
Neutral
sectors: XLRE, XLV,
Down
trend sectors: XLP,
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, ANET, WYNN,
RACE, WUBA, TAL, CCL, RCL, LYV, EDU, SHOP, ATVI, WB
64 of 100 NDX stocks closed
higher and one was unchanged on Friday.
50
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 2
CTAS, MELI
Moving Below 30 DMA = 4
ADP, MDLZ, PCLN, ROST
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:
Great setups.Thanks for the video
Is there a way to subscribe to your Youtube channel? Thanks!
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