Futures Fall After-hours Following Announcement of New Tariffs on Mexico...

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The DJIA, closed up 43 points at 25,169, led by strength in MCD, PG, UNH, HD and BA.  Closing below 26,000 for the seventeenth day after trading above 26,000 for the previous twenty-five trading days. 

Eight of eleven sectors were higher on Thursday, led by discretionary XLY +0.65% and technology XLK +0.62%.  

SPY up .76 at 279.03 on 62.5 million shares, 17% below average volume. Up on lower volume.

VIX down .60 at 17.30

Oil down 2.65 at 56.41

TLT up 1.11 at 130.20 on 13.0 million shares. 

MCD +1.64%, KO +1.32%, led the DJIA, 20 advancers, +17

KEYS +11.30%, DG +7.16% and SBAC +4.34%, led the SPX.

DLTR +3.14%, ROST +2.88%, WDAY +2.30% and VRTX +2.23% led the NDX.

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

Up: QQQ, SPY, DIA

Down: IWM,

Breadth strengthened on Thursday, as advancers led 1,521 to 1,359 on the NYSE and decliners led 1,538 to 1,492 on the NASDAQ

The SPY MFC green line is pointed down at 11 and is 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: Sideways

3-day Short Term Market Trend: Down

70 of 100 NDX stocks closed higher on Thursday.

24 NDX stocks are above their 30 DMA:  PAYX, CHKP, PEP, SBUX, NTES, ILMN, CERN, CTAS, WYNN, CHTR, TMUS, IDXX, MNST, XRAY, TTWO, MELI, VRSN, WDAY, CELG, FISV, INTU, AMD, INCY, PYPL,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 2

INCY, PYPL,

Moving Below 30 DMA = 0

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