© 2018
The DJIA, closed down 89 points at 25,250, led by weakness in AAPL, V, MSFT, HD and BA. This
is the sixty-sixth consecutive close above 25,000 since June 15.
Four of eleven sectors were higher, led by real
estate XLRE +3.21% and
staples XLP +2.23%.
SPY down -1.55 at 274.40, on 102.2 million shares, 20% above average
volume. Down on lower volume.
VIX down .01 at 21.30
WBA +1.66%, PG +1.35%, led the DJIA, 10 advancers, -16.
LLL +12.84%, HRS +11.87% and SWN +4.87%, led the SPX.
AAL +2.81%, LBTYA +2.65%, DISH +2.31%, and QRTEA +2.27%, led the NDX.
AAL +2.81%, LBTYA +2.65%, DISH +2.31%, and QRTEA +2.27%, led the NDX.
Intermediate and long
term up trend intact. 3-day short term trend is down.
Up: IWM,
Down: DIA, SPY, QQQ,
Breadth weakened
on Monday, as advancers led 1,750 to 1,167 on the NYSE and decliners
led 1,593 to 1,442 on the NASDAQ
The SPY
MFC green line is pointed down at 15 is short-term
bearish.
Uptrend sectors: XLU, XLV,
Neutral sectors:
XLE, XLP, XLK, XLY, XLI, XLF,
Down trend sectors: XLRE,
XLC, XLB,
The 6-month intermediate
and long-term trends are still up. The three-month trend is sideways.
The ten-day trend is down.
3-month Intermediate Term Market Trend: Sideways
3-day Short Term Market Trend: Down
30 of 100 NDX stocks closed higher on Monday.
9
NDX stocks are above their 30
DMA. ESRX, NTES, BMRN, FOXA, SBUX, WBA, ORLY, QRTEA, ULTA,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 3
ORLY, QRTEA, ULTA,
Moving Below 30 DMA = 2
CTRP, TMUS,
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