Monday, September 23, 2024

SPX, DJI All-time Closing High...Energy, Consumer Discretionary, Real Estate lead Sectors...


© 2024


The SPX +16.02, 5,718, opened slightly higher, traded in a range, formed a spinning top.  SPX and DJI closed at a new all-time closing high Monday.  SPX closed above 5,700 for the third day.

The NDX +0.31% opened slightly higher, traded in a range and closed slightly higher.


Mega caps TSLA, AMZN, META, NVDA rose and BRK/B, MSFT, AAPL, GOOGL fell on Monday.


SPY up 1.42 at 569.67, 44.1 million shares, below average volume
VIX down .26 at 15.89
QQQ up .62 at 483.04

INTC, BA, WMT, V, led the DJIA, 17 advancers, -1
TSLA, FSLR, TPR, BBWI led the SPX, 357 advancers
TSLA, INTC, MU, PDD led the NDX, 61 advancers

Up:  SPY, DIA, QQQ,
Down: IWM,    

Eight of eleven sectors were higher on Monday, led by XLE, XLY and XLRE

The SPY MFC green line is pointed up at 92 and is short-term bullish. -0

Uptrend sectors:   XLV, XLP, XLRE, XLU, XLF, XLI, XLY, XLC, XLB, XLK,
Neutral sectors: 
Down trend sectors:  XLE,

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 TrendUp


61 of 100 NDX stocks closed higher on Monday.


68 NDX stocks are above their 30 DMA:  CTAS, GILD, AEP, ADP, PAYX, EXC, XEL, MDLZ, KDP, PYPL, DASH, MELI, ISRG, FTNT, GEHC, COST, TTD, SBUX, ADSK, CCEP, NFLX, CSCO, MRVL, ROP, BKNG, MAR, MDB, MNST, AMZN, FAST, IDXX, LIN, PCAR, TSLA, AMD, AMGN, ARM, MSFT, ADI, AVGO, CEG, CRWD, LULU, CDNS, CDW, META, PCAR, WBD, ABNB, ILMN, QCOM, TXN, CSX, INTC, BKR, CMCSA, CSGP, DDOG, TEAM, AAPL, ANSS, CPRT, GOOGL, HON, INTU, TMUS, TXN, AMAT, ODFL,NDX 

Stocks to Watch on Tuesday:
Moving Above 30 DMA = 2
AMAT, ODFL,


Moving Below 30 DMA = 3
QCOM, ROST, WDAY,



Add Comments here

No comments: