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The DJIA, closed down 237 points at 25,347, led by weakness in UNH, GS, MMM, PG and HD.
Closing below 26,000 for the fifteenth day after trading above
26,000 for the previous twenty-five trading days.
One of eleven sectors was higher on Tuesday, led by communication
services XLC +0.44%.
Non-cyclic
sectors XLU -1.64% and XLP -1.63% led the SPX to the downside today.
SPY down 2.63 at 280.15 on 70.0 million shares, 4%
below average volume. Down on higher volume.
VIX up 1.65 at 17.50
Oil up .04 at 59.06
TLT up 1.01 at 128.79 on 8.0 million shares.
V +0.66%, BA -0.01%, led the DJIA, 1 advancer, -17
Long term up
trend intact. 3-day short term trend is down.
Up:
Down: QQQ,
IWM, SPY, DIA,
Breadth weakened
on Tuesday, as decliners led 1,957 to 942 on the NYSE and
led 1,925 to 1,143 on the NASDAQ
The SPY
MFC green line is pointed down at 23 and continues short-term bearish.
Uptrend sectors: XLP, XLRE, XLU, XLY, XLK, XLC,
Neutral sectors:
XLI, XLF,
XLB, XLE, XLV,
Down trend sectors:
The 6-month intermediate
trend is up. The ten-day trend is down.
3-month Intermediate Term Market Trend: Up a little
3-day Short Term Market Trend: Down
28 of 100 NDX stocks closed higher on Tuesday.
33 NDX stocks are above their 30
DMA: PAYX, VRSK, CHKP, PEP, SBUX, NTES, ILMN, CERN, HSIC,
CTAS, WYNN, CHTR, TMUS, INTU, IDXX, MNST, XRAY, TTWO, INCY, MELI,
MSFT, VRSN, WDAY, CELG, COST, FISV, INCY, VRTX, ADP, INTU,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 3
ADBE, AMD, PYPL,
Moving Below 30 DMA = 5
BMRN, CELG, GILD, HAS, MDLZ,
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