Open Lower, Close Higher as QQQ Leads, SPY Highest Close Since Oct 8...

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The DJIA, closed up 216 points at 25,962, led by strength in AAPL, HD, TRV, MSFT and V. 

Ten of eleven sectors were higher on Thursday, led by technology XLK +2.51% and real estate XLRE +1.78%.

SPY up 3.18 at 284.73 on 79.5 million shares, 4% above average volume. Up on lower volume.

VIX down .28 at 13.63

Oil down .12 at 59.87

TLT up .27 at 122.95 on 7.1 million shares. 

AAPL +3.68%, TRV +2.31%, led the DJIA, 26 advancers, +19

CAG +12.75%, QRVO +6.90% and DRI +6.87%, led the SPX.

WDC +9.77%, MU +9.62%, AMD +8.52%, and EA +8.09%, led the NDX.

Long term up trend intact.  3-day short term trend is up.

Up: QQQ, IWM, SPY, DIA,

Down:

Breadth strengthened on Thursday, as advancers led 2,083 to 794 on the NYSE and led 1,772 to 1,298 on the NASDAQ

The SPY MFC green line is in the upper zone, at 92 and is short-term bullish.

Uptrend sectors: XLRE, XLU, XLC, XLK, XLI, XLB, XLY, XLP,

Neutral sectors:  XLV, XLF, XLE,

Down trend sectors:

The 6-month intermediate trend is sideways.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

93 of 100 NDX stocks closed higher on Thursday.

80 NDX stocks are above their 30 DMA:  CDNS, CTRP, PYPL, TMUS, XLNX, CTAS, MELI, ULTA, VRSN, INTU, ADI, KLAC, SNPS, MDLZ, PAYX, WLTW, CSX, ALXN, GOOGL, VRSK, ADP, CHKP, CSCO, FOXA, CMCSA, JD, AAPL, PEP, CHTR, INTC, MSFT, COST, QCOM, XRAY, DLTR, ILMN, ISRG, AMZN, CERN, INCY, NFLX, NVDA, SYMC, TXN, ASML, FAST, NTAP, SBUX, AMGN, ATVI, IDXX, LBTYA, NTES, TTWO, LRCX, ALGN, AMAT, AVGO, BIDU, MAR, ORLY, ADBE, AMD, CELG, EBAY, HSIC, WDAY, ADSK, CTSH, EA, FB, FISV, LULU, MU, MXIM, MYL, NXPI, PCAR, SWKS, WDC,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 13

ADSK, CTSH, EA, FB, FISV, LULU, MU, MXIM, MYL, NXPI, PCAR, SWKS, WDC,

Moving Below 30 DMA = 1

SIRI,  

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