© 2020
NDX +41.46, +0.38% and SPX
+11.90, +0.36%. NDX
breakout to an all-time closing high
on Tuesday. SPX opened lower and closed
higher and was a breakout
continuation on Tuesday.
SQ +15.02, +10.98%, MNST +2.99, +3.83% rose after-hour on a positive EPS reaction.
15 SP500
stocks report before the open on Wednesday.
Nine of eleven sectors were higher on
Monday, led
by XLE, XLRE and XLB.
Technology
leaders: MSFT, CRM, QRVO, KLAC
Healthcare
leaders: VAR, MCK, CAH, COO
Industrials
leaders: J, IR, PWR, KSU
SPY up 1.27 at 330.06 on 41.9 million shares, below average volume, up on lower volume.
VIX down .52 at 24.76
DOW, XOM, MCD led the DJIA, 20 advancers, +0
MOS, GCI, WMB, SWN led the SPX, 301 advancers
AMD, TTWO BIDU CPRT led the NDX, 64 advancers
The two-year trend term
is up. The one-year trend is up.
Up: IWM, DIA, SPY,
Down:
Breadth strengthened
on Tuesday as advancers led 1,903 to 1,083 on the NYSE and
led 2,078 to 1,320 on the NASDAQ
The SPX
MFC green line is pointed up at 95 and is short-term
bullish. Price action is a
horizontal breakout continuation.
Uptrend sectors: XLP, XLB, XLY, XLV, XLK, XLC, XLI,
Neutral sectors:
XLU, XLRE, XLF, XLE,
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 Trend: Up
64 of 100 NDX stock
closed higher on Tuesday.
77 NDX stocks are above their 30 DMA: AMZN, CDNS, IDXX, NVDA,
SWKS, AAPL, FAST, MELI, PYPL, SPLK, TSLA, NTES, MXIM, LRCX, EA, TTWO, ATVI,
ILMN, ANSS, AMGN, DOCU, DXCM, PEP, VRSK, XLNX, CHKP, COST, MNST, CHTR,
CMCSA, CTSH, KHC, PCAR, AMD, CTAS, ISRG, LULU, ORLY, XEL, CPRT, CSX, EXC, TCOM,
CSCO, MRNA, FISV, SIRI, VRSN, AMAT, BIIB, INTU, LBTYA, QCOM. REGN, SNPS, CDW,
JD, ROST, SBUX, KLAC, ADBE, AVGO, EBAY, FB, MSFT, NFLX, NXPI, TMUS, WDC, ADSK,
DLTR, FOXA, MCHP, MU, TXN, ZM, BIDU,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
BIDU,
Moving Below 30 DMA = 0
Add Comments here:
No comments:
Post a Comment