DIA, SPY, QQQ Lead Headed into 3-day Easter Weekend...

Happy Easter! 

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QQQ, DIA, SPY led IWM in Rally Week 17…

                  (click image to enlarge)

SPX EPS reactions for week ending April 18: 28 positive:  BAC, BLK, CMA, JNJ, OMC, PGR, CSX, UAL, KSU, MS, PEP, TXT, USB, ETFC, SLG, TMK, URI, AXP, CFG, DHR, DOV, HON, PPG, SNA, SYF, TRV, UNP, ISRG…21 negative: GS, C, SCHW, MTB, JBHT, PLD, UNH, IBM, NFLX, ABT, BK, PNR, AA, KMI, BBT, GPC, KEY, RF, SLB, STI, PBCT

The DJIA, closed up 110 points at 26,559, led by strength in UNH, MCD, TRV, BA and AXP.  Fourteenth straight close above 26,000 since March 1.

Eight of eleven sectors were higher on Thursday, led by industrials XLI +1.15% and real estate XLRE +0.79%.

SPY up .57 at 290.02 on 68.7 million shares, average volume. Up on higher volume.

VIX down .51 at 12.09

Oil up .21 at 64.06

TLT up .64 at 122.90 on 27.5 million shares. 

UNH +2.26%, TRV +2.25%, led the DJIA, 18 advancers, -1

URI +8.14%, SNA +6.48% and UNP +4.36%, led the SPX.

ALGN +2.85%, XRAY +1.99%, CTAS +1.78%, and TMUS +1.78%, led the NDX.

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

Up: DIA, SPY, QQQ,

Down: IWM,

Breadth strengthened on Thursday, as decliners led 1,470 to 1,402 on the NYSE and led 1,544 to 1,481 on the NASDAQ

The SPY MFC green line is at 95 and is intermediate-term bullish. 

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

Neutral sectors:  XLF, XLE,

Down trend sectors: XLV,

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: Sideways

42 of 100 NDX stocks closed higher on Thursday.

75 NDX stocks are above their 30 DMA:  CDNS, CTRP, PYPL, XLNX, ULTA, VRSN, KLAC, SNPS, MDLZ, PAYX, WLTW, CSX, ALXN, GOOGL, VRSK, ADP, CHKP, CSCO, FOXA, CMCSA, JD, AAPL, PEP, INTC, MSFT, COST, DLTR, AMZN, NVDA, SYMC, NTAP, SBUX, NTES, ALGN, AVGO, ORLY, AMD, ADBE, FAST, ILMN, LULU, MAR, PCAR, AMAT, ASML, CELG, CERN, FB, HSIC, LRCX, MU, ROST, SWKS, ADI, ADSK, CTAS, MCHP, MXIM, NXPI, TXN, WDC, WYNN, AAL, BKNG, LBTYA, UAL, KHC, SIRI, CHTR, EXPE, TMUS, HAS, QCOM, BIDU, INTU,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 2

BIDU, INTU,   

Moving Below 30 DMA = 2

MELI, WDAY,

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