NDX, SPX Another New Closing High...Tech, Discretionary, Health Care Lead Sectors...

 
© 2021
 
The SPX made a new all-time closing high for the fourth day in a row.  The NDX, opened lower, closed higher and made its fifth all-time closing high in six days.
 
Semiconductor stocks, SMH closed at a new all-time high on Tuesday. 
 
DJI +9.02, +0.03%, closed at 34,292.  HD, GS, NKE and MSFT were the largest point gainers on Tuesday.
NDX +47.77, +0.33%, closed at 14,572.
SPX +1.19, +0.03%, closed at 4,291.
 
TSLA +2.51%, reversed Friday’s pullback in its breakout continuation.
 
SPY = All-time high.
DIA = Channel bounce down.
QQQ = All-time high.
IWM = Channel bounce down.
 

Three of eleven sectors were higher on Tuesday, led by XLK, XLY and XLV.
 
Technology leaders: SWKS, QRVO, XLNX, AMD
Consumer Discretionary leaders: EBAY, NKE, APTV, ETSY
Health Care leaders: LH, HOLX, BIIB, CRL

 
 
SPY up .23 at 427.70, on 35.9 million shares, below average volume, up on lower volume.  
VIX up .26 at 16.02
 
NKE, HD, AAPL, GS led the DJIA, 12 advancers, +2
SWKS, QRVO, MS, XLNX led the SPX, 226 advancers.
PDD, MRNA, SWKS, JD led the NDX, 64 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ, SPY, DIA,
Down: IWM,
 
Advancers were mixed on Tuesday as decliners led 1,780 to 1,498 on the NYSE and led 2,665 to 1,780 on the NASDAQ.
 
The SPY MFC green line is pointed up at 95.5 and is bullish.  SPY closed at a new all-time high. 
 
 
Uptrend sectors:  XLK, XLC, XLV, XLRE, XLE, XLY, XLP, XLI, XLF, XLB,
Neutral sectors:  XLU,
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
 
64 of 100 NDX stocks closed higher on Tuesday.
 
77 NDX stocks are above their 30 DMA:  ALXN, TMUS, SGEN, PAYX, INTU, FB, MXIM, ADI, GOOGL, IDXX, ILMN, MRVL, ZM, NVDA, PTON, ASML, SNPS, MRNA, PYPL, AMD, EBAY, REGN, XLNX, DXCM, ADBE, BIIB, DOCU, LULU, MSFT, TEAM, ALGN, AMZN, ISRG, ANSS, CDNS, QCOM, SPLK, AAPL, CPRT, CTAS, MELI, MTCH, WDAY, INCY, NFLX, OKTA, TSLA, VRSN, ADSK, AMAT, CDW, CHTR, COST, JD, ORLY, SWKS, BIDU, KLAC, NXPI, ROST, SBUX, SIRI, TXN, VRSK, ADP, AMGN, GILD, MU, ATVI, AVGO, EA, INTC, LRCX, MCHP, CMCSA, NTES, PDD,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 3
CMCSA, NTES, PDD,
 
Moving Below 30 DMA = 1
 FOXA,
 
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