The Buyers Back in Town on Tuesday on Broad Market Rally...

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The DJIA, closed up 207 points at 25,532, led by strength in BA, AAPL, V, TRV and CAT.  Closing below 26,000 for the sixth day after trading above for the previous twenty-five trading days. 

Ten of eleven sectors were higher on Tuesday, led by technology XLK +1.61% and energy XLE +1.22%.

SPY up 2.54 at 283.40 on 77.0 million shares, 10% above average volume. Up on lower volume.

VIX down 2.49 at 18.06

Oil up .50 at 61.34

TLT down .37 at 125.36 on 5.6 million shares. 

V +1.83%, CAT +1.73%, led the DJIA, 25 advancers, +24

CTL +4.66%, GE +2.24% and SWN +4.06%, led the SPX.

NXPI +5.42%, JD +5.29%, EA +4.59% and AMD +4.12% led the NDX.

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

Up: IWM, QQQ, DIA, SPY,

Down:

Breadth strengthened on Tuesday, as advancers led 2,213 to 678 on the NYSE and led 2,259 to 827 on the NASDAQ

The SPY MFC green line is pointed down at 38 and is short-term bearish. 

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

Neutral sectors:  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

3-day Short Term Market Trend: Down

93 of 100 NDX stocks closed higher on Tuesday.

34 NDX stocks are above their 30 DMA:  CDNS, MDLZ, PAYX, VRSK, CHKP, CMCSA, PEP, SBUX, NTES, ALGN, ILMN, CELG, CERN, HSIC, CTAS, WYNN, CHTR, TMUS, HAS, QCOM, INTU, IDXX, MNST, XRAY, TTWO, INCY, MELI, FOXA, CSX, JD, MSFT, PYPL, VRSN, WDAY,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 6

CSX, JD, MSFT, PYPL, VRSN, WDAY,

Moving Below 30 DMA = 0

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