Six of nine sectors moved lower on Thursday, XLY, XLK and XLP were the strongest sectors.
Breadth strengthened as decliners led advancers 1.32 to 1 on the NYSE and 1.12 to 1 on the NASDAQ.
Exchange NYSE NASDAQ
Advancers 1,284 1,178
Decliners 1,695 1,322
BBBY gapped up after strong earnings and other retail stocks ROST, SBUX, DLTR, and TJX also moved higher.
Futures moved lower on Friday after the jobs report showed 120,000 new jobs in March below expectations of 210,000. Unemployment rates dropped to 8.2%.
Leading NDX 100 stocks included BBBY, FOSL, SIRI, WFM, ROST, BIDU, SBUX, DTV, EXPE, WYNN
Lagging NDX stocks included STX, FSLR, MYL NTAP YHOO, SHLD, VRTX, MRVL, SNDK, ATVI
Leading stocks > +2% on Thursday included DECK, ICE, LVS, A SWKS, UCO
Losing stocks < -2.0% included ANR, WDC, LDK, PCX, JDSU, CIEN, GRPN, X
Stocks to Watch on Monday
Holding Above 30 DMA = 28
CMG, TPX, HLF, LNKD, LVS, CSTR, CRM, INFA, VMW, IBM, V, DLR, FAS, NTES, ZION, BAC, DHR, TBT, MCP, URE, STI, CIEN, CHL, ZAGG, CROX, HUM, UAL, NKE
Moving Above 30 DMA = 4
A, DE, SMH, SWK
Moving Below 30 DMA = 7
ANF, CLF, F, GLW, JDSU, WDC, X
Staying Below 30 DMA
C, CREE, CRUS, ESI, GS, RVBD, SOHU, SWI, SWKS, TSLA, COH, JNPR, RCL, TIF, GRPN, MOS, UCO, VECO, ICE, AKS, SINA, TSL, ATI, GES, FAZ, TLT, CDE, LDK, SLB, DECK, FCX, ANR, PCX
Six Month Intermediate Term Market Trend: Up
Short Term Market Trend: Down
1 comment:
Dave:
Thanks as always!
Robert
CANI_212
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