Tuesday, April 23, 2019

QQQ, SPY, DIA Close at New All-time Closing High...TWTR, HAS Lead after EPS...



© 2019

SPX EPS reactions through Tuesday: 19 positive:  KMB, CDNS, CE, WHR, ZION, CNC, DGX, FITB, HAS, KO, LMT, NEE, NTRS, NUE, PGR, PHM, SHW, TWTR, UTX8 negative: HAL, GWW, HOG, NEE, PG, STT, VZ, WAT,


The DJIA, closed up 145 points at 26,656led by strength in UNH, UTX, AAPL, JNJ, and DIS.  Sixteenth straight close above 26,000 since March 1.

Nine of eleven sectors were higher on Tuesday, led by healthcare XLV +1.58% and communication services XLC +1.34%.

SPY up 2.61 at 292.88 on 52.2 million shares, 22% below average volume. Up on higher volume.
VIX down .14 at 12.28
Oil up .50 at 66.18
TLT up .26 at 122.57 on 6.2 million shares. 

UTX +2.27%, KO +1.71%, led the DJIA, 22 advancers, +11
TWTR +15.64%, KSS +11.91% and DGX +9.27%, led the SPX.
HAS +14.23%, QCOM +5.79%, VRTX +4.06%, and CDNS +3.88%, led the NDX.

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

Up: IWM, QQQ, SPY, DIA,
Down:

Breadth strengthened on Tuesday, as advancers led 2,188 to 712 on the NYSE and led 2,200 to 851 on the NASDAQ

The SPY MFC green line is at 94 and is intermediate-term bullish

Uptrend sectorsXLRE, XLU, XLP, XLY, XLK, XLI, XLC, XLB, XLF,
Neutral sectors:  XLE, XLV,
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 TrendUp


89 of 100 NDX stocks closed higher on Tuesday.

84 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, INTU, IDXX, NFLX, ATVI, BIDU, CTSH, CTXS, FISV, MELI, MNST, WDAY,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 8
ATVI, BIDU, CTSH, CTXS, FISV, MELI, MNST, WDAY,

Moving Below 30 DMA = 0


Add Comments here

No comments: