© 2018
Ten sectors were higher on Friday, led by healthcare XLV +1.44% and technology XLK +1.17%.
BIIB +19.63%
led the
healthcare sector, after positive results on a phase 2 trial of its Alzheimer
treatment. BIIB also received several positive
analyst actions adding demand to the stock on Friday. AMD +5.55%
led the tech sector and semiconductor group.
The DJIA, lagged the other broad indices
and closed up 99 points at 24,456,
led by strength in AAPL, MCD, BA, MSFT and
GS.
SPY up 2.31 at 275.42, on 66.4 million
shares, 12% below average volume. Up on higher volume
VIX down 1.60 at 13.37
Oil up .80 at 73.92
TLT up .40 at 122.75 on 4.6 million shares.
WBA +1.47%, MSFT
+1.40%, led the DJIA, 24 advancers -3.
AMD +5.55%, FOSL
+4.00% and
FXZ +3.118%, led the SPX.
BIIB +19.63%, DISH
+4.29%, GILD +3.30%,
and ALXN +3.22%, led
the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up: QQQ, IWM, SPY DIA,
Down:
Breadth was
stable on Friday, as advancers led 2,162
to 747 on
the NYSE and led 2,036 to
855 on the
NASDAQ
The SPY MFC green
line turned up
at 51, bullish.
Uptrend
sectors: XLU,
XLRE, XLV, XLY, XLK, XLE,
Neutral
sectors: XLP, XLB, XLF, XLI,
Down
trend sectors:
The
6-month intermediate and long-term trends are still up. The three-month trend
is sideways. The ten-day trend is sideways.
3-month Intermediate Term
Market Trend: Sideways
3-day Short Term Market Trend: Up
97 of 100
NDX stocks closed higher on Friday.
66 NDX stocks
are
above their 30 DMA. COST, FB, NFLX, FOXA, EA,
AMGN, KHC, REGN, ROST, CHTR, HAS, MDLZ, MNST, DISH,
TMUS, HOLX, HSIC, NTES, CTSH, ALXN, ISRG, AMZN, ATVI, CMCSA, CTRP, GILD, IDXX,
INTU, SHPG, TTWO, BMRN, CELG, ILMN, VRTX, CDNS, CERN, CHKP, EXPE, FISV, ESRX,
QRTEA, XRAY, BIIB, CA, CTAS, FB, GOOGL, MELI, MXIM, ORLY, PAYX, PYPL, STX,
SWKS, SYMC, VRSK, WDAY,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 9
ADBE,
ADSK, ALGN, CTXS, INCY, JD, LBTYA, MSFT, VOD,
Moving Below 30 DMA = 0
Intermediate-term trending stocks:
RACE, ADBE,
IBKR, ETFC, MA, V, ISRG, WIX, NDAQ, WYNN, VRSN, TAL, COP, CRM, NTAP, RNG, AA,
WUBA, FCAU, NVDA, SQ, ALGN, AKAM, SHOP, EL
BA, MU,
MAR, CMA, CME, ANET, HRS, KORS,
DLTR, WB,
TPR,
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