© 2018
SPY, DIA and QQQ gapped higher and traded in a range
following positive developments on trade with China over the weekend.
The DJIA, closed up 287 points at 25,826, led by strength in BA,,
AAPL, UNH, V and CAT. This is the fourth
close above 25,000 since Nov 19.
Ten of eleven sectors were higher on Monday, led by energy XLE +2.22% and technology XLK +2.21%.
SPY up 3.65 at 279.30 on 103.0 million
shares, 6% below average volume. Up on higher volume.
VIX down 1.63 at 16.44
Oil up 2.36 at 53.08
TLT up .55 at 115.88 on 9.7 million shares.
BA +3.81%, NKE +3.75%, led the DJIA, 22 advancers, -2
AMD +11.31%, FOSL +7.04% and TWTR +7.03%, led the SPX.
WYNN +9.50%, INCY +6.33%, MELI +4.98%, and AMZN +4.86% led
the NDX.
Long term up
trend intact. 3-day short term trend is up.
Up: QQQ,
SPY, DIA, IWM,
Down:
Breadth strengthened
on Monday, as advancers led 2,167 to 771 on the NYSE and led 2,015 to 1,045 on the NASDAQ
The SPY
MFC green line is pointed up at 68 and is short-term
bullish.
Uptrend sectors: XLRE, XLU, XLP, XLV,
Neutral sectors:
XLI, XLF, XLB, XLY,
Down trend sectors: XLE,
XLC, XLK,
The 6-month intermediate
trend is sideways. The ten-day trend is up.
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Up
78 of 100 NDX stocks closed higher on Monday.
83
NDX stocks are above their 30
DMA. SBUX, WBA, TSLA, PEP, XLNX,
CMCSA, INTC, AAL, FOXA, MDLZ, ULTA, MNST, SYMC, FAST, MCHP, MYL, VRSK, CTXS,
XRAY, ADI, NXPI, MXIM, NTES, AMAT, HOLX, KLAC, PAYX, PCAR, AVGO, CSX, CTAS,
ORLY, VOD, WDAY, BIIB, ESRX, ADP, ADSK, AMGN, CSCO, HSIC, ILMN, LRCX, MELI,
SIRI, TXN, WYNN, ALXN, CHTR, MSFT, VRTX, ADBE, AMZN, ASML, BKNG, COST, CTSH,
EBAY, FISV, GOOGL, ISRG, PYPL, REGN, SNPS, DLTR, INTU, LBTYA, BIDU, CDNS, CHKP,
EXPE, GILD, IDXX, MU, STX, ALGN, BMRN, CELG, CERN, CTRP, INCY, MAR, QRTEA,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 8
ALGN, BMRN, CELG, CERN, CTRP, INCY,
MAR, QRTEA,
Moving Below 30 DMA = 1
TMUS,
1 comment:
I sure do miss the daily video
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