© 2019
The DJIA, closed down 14 points at 26,048, led by weakness in UTX, BA, UNH, DIS and CVX.
Closing above 26,000 above for the second straight day.
Six of eleven sectors were higher on Tuesday, led by communication
services XLC +0.42% and
consumer discretionary XLY +0.39%.
SPY down .07 at 288.90 on 58.6 million shares, 27%
below average volume. Down on lower volume.
VIX up .05 at 15.99
Oil down .37 at 53.05
TLT up .08 at 130.58 on 5.1 million shares.
CAT +1.22%, CSCO +1.22%, led the DJIA, 18 advancers, -3
ALB +3.52%, SLB +3.44% and RF
+3.43%, led the SPX.
BIDU +3.23%, CTRP +3.11%, JD +2.71% and DLTR +2.65% led the NDX.
Long term up trend
intact. 3-day short term trend is up.
Up: QQQ,
Down: SPY,
DIA, IWM,
Breadth weakened
on Tuesday, as advancers led 1,460 to 1,411 on the NYSE and decliners
led 1,622 to 1,417 on
the NASDAQ
The SPY
MFC green line is turned up at 62 and is short-term bullish.
Uptrend sectors: XLP, XLRE, XLU, XLY, XLK, XLB, XLI, XLC,
Neutral sectors:
XLF, XLV, XLE,
Down trend sectors:
The 6-month intermediate
trend is up. The ten-day trend is up.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
46 of 100 NDX stocks closed higher on Tuesday.
65 NDX stocks are above their 30 DMA: PAYX, PEP, CERN, CTAS, CHTR,
IDXX, MNST, XRAY, TTWO, MELI, ORLY, AMD, MDLZ, WLTW, AMGN, CELG,
COST, EA, HAS, HSIC, ILMN, SBUX, TMUS, VRSK, VRSN, ADP, CSCO, CSX, EXPE, FISV,
INTU, PCAR, PYPL, SNPS, AMAT, LBTYA, MSFT, MXIM, ROST, WDAY, ATVI, BKNG, CTSH,
EBAY, GILD, ISRG, MAR, TXN, VRTX, AAPL, ADI, AMZN, ASML, BIIB, CDNS, DLTR,
INTC, KLAC, LRCX, NTES, WBA, XLNX, JD, TSLA, ULTA,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 3
JD, TSLA, ULTA,
Moving Below 30 DMA = 3
ADBE, ALGN, FAST,
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