SPX Pulls Back, Semiconductors Continues to Lead...HUM Jumps 20% on Takeover Chatter...

All nine sectors moved lower on Friday…All moved lower…XLE, XLU and XLV were the strongest sectors and XLI was the weakest. 

 

Breadth weakened as decliners led advancers 2.21 to 1 on the NYSE and 1.66 to 1 on the NASDAQ.

Friday – weakened, decliners led

Thursday – weakened, decliners led

Wednesday – strengthened, advancers led

Tuesday – weakened, decliners led

Monday – Memorial Day

SPY down 1.32 at 211.14 on 122.7 million shares

VIX up .53 at 13.84…

TNX down .35 at 20.95…

TLT up .27 at 122.71…

XLF down .22 at 24.60 on 25.4 million shares

AAPL down 1.50 at 130.28 on 50.4 million shares

FB down .95 at 80.14 on 16.1 million shares

Technical Commentary:

IWM – 0.60%, QQQ -0.60%, SPY – 0.62%, DIA -0.65%.

The SPX settled back in a pennant pattern on Friday as HUM +20.31% jumps on takeover speculation and semiconductors continue to trend up. ALTR +4.00% a take over target by INTC gained on Friday.  Semiconductor stocks AVGO, ON, SWKS, INTC, NXPI, ATML, FSL, BRCM, MXIM and AMBA all moved higher on Friday.

Trade with the trend of the chart you are trading and continue to move your profit protection stops.  Continue to follow your rules.

Short-term Chart Targets:

SPY = 212.91, 213.91...

QQQ = 110.38, 111.16…

IWM = 124.04, 125.47…

Support Levels

SPY = 208.62, 206.76...

QQQ = 108.76, 106.80, 105.55…

IWM = 122.52, 120.87, 120.24...

The SPX Market Forecast is pointing down at 72.

___________________

Setups

Horizontal Breakout: UA, INTC (long term),  

Diagonal Breakout: SCSS,  

Bull Flag: BABA, CRM, CTRP, EXPE, GOGO, NTES, YOKU, ESRX, ILMN,  

Potential Bullish Divergence: DAVE

At Support: FAS, IBM, SWI, Z, COST, MAR, MNST, PCLN, TRIP, WFM  

Moves

New Highs: PANW, AVGO, EBAY,   

H Breakout: LC, UBNT, MFRM

Bull Flag Bounce: SHAK,  

Bounce: DAL, UAL, AAL

Gap Up: GME

Support Break: CCL, SCTY, SPWR, BBRY, MTW, AKAM, GMCR,  

______________________

  

Watch List Stocks

Leading stocks > +2% on Friday: SHAK, GME, JUNO,

                                                       

Lagging stocks < -2.0% included: YY, SPLK, GLNG, SFUN, SUNE, CYBR, CSIQ, QIHU, SCTY, SPWR, FAS, GPRO, YOKU, UNG, SUM, SWI,

23 of 100 NDX stocks closed higher on Friday.

Leading NDX 100 stocks included: ALTR, AVGO, MDLZ, DISCA, LVNTA, SIRI, CHTR, EBAY, INTC, NXPI

Lagging NDX stocks included: PCAR, FAST, ESRX, WFM, GMCR, WYNN, WDC, ATVI, SNDK, GRMN

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 1

LMCA

  

Moving Below 30 DMA = 10

AMAT, BBBY, BIIB, FAST, FOXA, GOOG, GRMN, MSFT, ORLY, TSCO

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down

Stock Futures Take Step Back In Pre-Market After GDP Report For Q1 Drops...ALTR Gains 5.81% After Rumor Of Buyout By INTL...GME Jumps 6.30% After Q1 Results...ANR Downgraded...

BMO – ES – 6.25…and NQ – 14.75…stock futures point to a LOWER open…

SPY is …down .16…

XLF is …

Euro is up 21 pips…

TLT is up .62…

Quoting Up: GME, AMBA, SHAK, DGLY, GOGO, BABA, SWKS, ALTR, XLNX, CTRX, YHOO, ROST, AVGO, ILMN

Quoting Down: SPLK, CYBR, ATI, RCL, WYNN, KRFT, ALXN, GOOG

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

Stocks End Lower...GPRO Gaps Up & Finishes Up 6.63%...JUNO Breaks Horizontal Breakout & Closes Up 8.03%...Numerous MACD Divergence Bounces...

Three of nine sectors moved higher on Thursday…XLB, XLU and XLV were the strongest sectors and XLI was the weakest. 

 

Breadth weakened as decliners led advancers 1.35 to 1 on the NYSE and 1.16 to 1 on the NASDAQ.

Thursday – weakened, decliners led

Wednesday – strengthened, advancers led

Tuesday – weakened, decliners led

Monday – Memorial Day

Friday – weakened, decliners led

SPY down .24 at 212.46 on 74.8 million shares

VIX up .04 at 13.31…

TNX down .05 at 21.30…

TLT down .30 at 122.44…

XLF down .03 at 24.82 on 17.7 million shares

AAPL down .26 at 131.78 on 30.6 million shares

FB down .41 at 80.14 on 11.9 million shares

Technical Commentary:

QQQ -0.23%, DIA -0.13%, SPY – 0.11%, IWM -0.09%.

Trade with the trend of the chart you are trading and continue to move your profit protection stops.  Continue to follow your rules.

Short-term Chart Targets:

SPY = 212.91, 213.91...

QQQ = 110.38, 111.16…

IWM = 124.04, 125.47…

Support Levels

SPY = 208.62, 206.76...

QQQ = 108.76, 106.80, 105.55…

IWM = 122.52, 120.87, 120.24...

The SPX Market Forecast is at 83.

___________________

Setups

Horizontal Breakout: QQQ, MS, SCHW, STI, UBNT, YY, ANGI, JDSU, EBAY, GILD,  (long term), INTC, QCOM, SBUX, SNDK,

Diagonal Breakout: IWM, LC, XONE, STX,  

Bull Flag: BABA, CRM, CTRP, EXPE, GOGO, JCP, JD, NKE, NTES, SFUN, ESRX,  

Potential Bullish Divergence:  

Gap Up: 

Gap Down:

Bear Flag:

At Support: SPWR, AA, MTW, MAR,  

C- Pattern:  

Moves

New Highs: FEYE, PANW, SUNE,  

H Breakout: JUNO, P, SPLK,    

D Breakout:

Breakout Test: 

Bull Flag Bounce: BX, GLNG, GME, SHAK, TASR, YOKU, ZNGA,

Bounce: CSIQ, UA, YELP,  

MACD Divergence Bounce: SWI, YNDX, ANR, CREE, DDD, LVS,

Gap Up: GPRO, WDC,

Gap Down:

C- Pattern:   

Bear Flag:

Support Break: QIHU, TAN,   

______________________

Watch List Stocks

Leading stocks > +2% on Thursday: JUNO, GPRO, YELP, GLNG, FEYE, GME, PANW, DGLY, SEDG, SHAK, ZNGA, UBNT, SPLK, YNDX,

                                                       

Lagging stocks < -2.0% included: UNG, SLCA, MBLY, SOHU, JASO, QIHU, SFUN

35 of 100 NDX stocks closed higher on Thursday.

Leading NDX 100 stocks included: WDC, EBAY, STX, GRMN, SPLS, TSLA, CHKP, NVDA, VOD, KRFT

Lagging NDX stocks included: SIRI, VIP, TRIP, AMGN, ALTR, ADSK, LVNTA, ISRG, BRCM, PCAR

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 10

AMAT, BBBY, BIIB, COST, CSCO, GRMN, MU, SPLS, WBA, WDC

  

Moving Below 30 DMA = 4

FB, LMCA, PCAR, VIAB

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Neutral

In Pre-Market Stock Futures Slightly Lower...AVGO Continues Climb...CMG Upgraded...Jobless Claims Rise 7K to 282K...

BMO – ES – 4.75…and NQ – 7.00…stock futures point to a LOWER open…

SPY is …down .46…

XLF is …

Euro is unchanged…

TLT is down .03…

Quoting Up: GPRO, DGLY, CSIQ, PANW, AVGO, WDC, MYL, CERN, MNST

Quoting Down: YOKU, JD, QIHU, CTRP, YY, COST, BIDU, KRFT, ALXN

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

Broad Rally Led by Semis BRCM, AVGO Reverse Monday's Correction...Bull Flag Triggers and Setups Abound...

Eight of nine sectors moved higher on Wednesday…XLE, XLV and XLF were the strongest sectors and XLE was the weakest. 

 

Breadth strengthened as advancers led decliners 2.77 to 1 on the NYSE and 2.28 to 1 on the NASDAQ.

Wednesday – strengthened, advancers led

Tuesday – weakened, decliners led

Monday – Memorial Day

Friday – weakened, decliners led

Thursday – strengthened, advancers led

SPY up 2.00 at 212.70 on 93.1 million shares, 6% above average volume

VIX down .79 at 13.27…

TNX down .02 at 21.35…

TLT up .28 at 122.74…

XLF up .27 at 24.85 on 25.8 million shares, average volume

AAPL up 2.42 at 132.04 on 45.8 million shares, 7% below average volume

FB up 1.22 at 80.55 on 14.1 million shares, 43% below average volume

Technical Commentary:

QQQ +1.61%, IWM +1.23%, SPY +0.95%, DIA +0.64%.

A broad rally led by SOX +27.60, +3.86% semiconductor stocks following news that AVGO +7.76% was in discussion to acquire BRCM +21.81% sent all stock in the SOX index higher.  Ten of the top twelve NDX gainers were semiconductor stocks:  BRCM, AVGO, NVDA, SNDK, NXPI, KLAC, MU, LRCX, ADI and TXN.

The SPX/SPY recovered almost all of Monday’s correction and along with DIA, XLF, XLP and XLY are still in a bull flag pattern.   QQQ, IWM, XLK, and XLV made a bull flag bounce entry on Wednesday.

Many other stocks also triggered an entry today and many are stil in a bull flag price pattern with potential entry on Thursday.

Trade with the trend of the chart you are trading and continue to move your profit protection stops.  Continue to follow your rules.

Short-term Chart Targets:

SPY = 212.91, 213.91...

QQQ = 110.38, 111.16…

IWM = 124.04, 125.47…

Support Levels

SPY = 208.62, 206.76...

QQQ = 108.76, 106.80, 105.55…

IWM = 122.52, 120.87, 120.24...

The SPX Market Forecast is at 81.

___________________

Setups

Horizontal Breakout: QQQ, IWM, SPY, MS, RCL, SEE, DATA, MNK, TTWO, ADM, JNPR, JCP, JUNO, LC, MBLY, SVXY, YY, SFUN,

Diagonal Breakout: STX, CYBR, SCTY, SINA, SLCA, SOHU, VSLR, X, ATI, TASR,

Bull Flag: AIG, BABA, BAC, BG, BMY, BURL, BX, C, CMCM, COG, CTRP, CVS, FAS, FEYE, FL, GIMO, GLUU, GOGO, GPRO, HCA, HPQ, JD, MCK, NCLH, PRE, QLIK, SABR, SCI, SKX, SNE, TSL, VMC, YOKU, ZION, ZNGA, ADBE, CTSH, ESRX, EXPE, INTU, VOD, NKE, UNH, V, UNG, SHAK,

Potential Bullish Divergence: CMGE, SWI, TPX, UA

Bear Flag: ATHM

Moves

New Highs: AMBA, CIEN, GT, JNPR, SUNE, SWKS,

H Breakout: BRCM, EA

Bull Flag Bounce: BRCM, IWM, QQQ, EA, AKAM, CCL, MS, RCL, SCHW, SEE, STI, DATA, MNK, TTWO, ADM, JNPR, NEM, ETFC, MBLY, NTES, P, SVXY

______________________

Watch List Stocks

Leading stocks > +2% on Wednesday: SWKS, SVXY, JNPR, AMBA, YY, LC, CYBR, CIEN, FAS, P, MS, RCL

                                                       

Lagging stocks < -2.0% included: YOKU, VXX, SFUN, SINA

91 of 100 NDX stocks closed higher and one was unchanged on Wednesday.

Leading NDX 100 stocks included: BRCM, AVGO, NVDA, VRTX, SNDK, VIAB, NXPI, KLAC, MU, LRCX, ADI, TXN

Lagging NDX stocks included: CHKP, GMCR, CHTR

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 16

BIIB, COST, CSCO, FB, GOOG, KLAC, LMCA, MU, MYL, NVDA, PCAR, SNDK, TXN, VIA, BRTX, WBA

  

Moving Below 30 DMA = 0

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Neutral

Stock Futures Gain In Pre-Market...TIF Q1 Results Pushes Stock Ahead 7.21%...YHOO Downgraded...AZO Upgraded...

BMO – ES + 2.50…and NQ + 5.50…stock futures point to a HIGHER open…

SPY is …up .81…

XLF is …up .12…

Euro is down 38 pips…

TLT is down .49…

Quoting Up: CIEN, TSL, JNPR, SUNE, SVXY, REGN, BRCM, CMCSA, EBAY, COST

Quoting Down: JUNO, FEYE, CHKP, ILMN

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

SPX Down 1% From Friday's All-time Weekly Closing High...Broad Market, Sectors Forming Bull Flag...

All nine sectors moved lower on Tuesday…XLU, XLY and XLP were the strongest sectors and XLE was the weakest. 

 

Breadth weakened as decliners led advancers 3.67 to 1 on the NYSE and 3.02 to 1 on the NASDAQ.

Tuesday – weakened, decliners led

Monday – Memorial Day
Friday – weakened, decliners led

Thursday – strengthened, advancers led

Wednesday – mixed, mixed

Tuesday – weakened, decliners led

SPY down 2.29 at 210.70 on 124.3 million shares, 42% above average volume

VIX up 1.93 at 14.06…

TNX down .78 at 21.37…

TLT up 2.06 at 122.46…

XLF down .28 at 24.58 on 44.5 million shares, 69% above average volume

AAPL down 2.92 at 129.62 on 70.6 million shares, 43% above average volume

FB down 1.21 at 79.33 on 16.3 million shares, 34% below average volume

Technical Commentary:

QQQ -1.15%, SPY -1.08%, DIA -1.04%, IWM -0.96%.

The SPX sold off 1% on Tuesday from Friday’s all-time weekly high close of 2,126.06. The SPX/SPY are in a bull flag pattern along with QQQ, IWM and DIA.  XLF, XLK, XLP, XLV and XLY are also in bull flag patterns.

CMCM setup bull flag at 33.66, old high potential 9.37%, flagpole potential 21.66%

FL setup bull flag at 64.09, old high potential 5.29%, flagpole potential 8.08%

NCLH setup bull flag at 55.26, old high potential 4.21%, flagpole potential 8.96%

GIMO setup bull flag at 31.83, old high potential 2.45%, flagpole potential 9.83%

Trade with the trend of the chart you are trading and continue to move your profit protection stops.  Continue to follow your rules.

Short-term Chart Targets:

SPY = 212.91, 213.91...

QQQ = 110.38, 111.16…

IWM = 124.04, 125.47…

Support Levels

SPY = 208.62, 206.76...

QQQ = 108.76, 106.80, 105.55…

IWM = 122.52, 120.87, 120.24...

The SPX Market Forecast is at 82.

___________________

Setups

Horizontal Breakout: CRM, FEYE, GOGO, GPRO, JCP, JD, SFUN, SINA, TSL, VSLR, INTC, LRCX, SBUX, AXP, JD, NVO, NXPI, ZTS

Diagonal Breakout: STX

Bull Flag: QQQ, AIG, ESRX, ADBE, BX, CCL, MS, NCLH, RCL, SCHW, STI, V, ZNGA, BRCM, AKAM, BMY, BURL, CMCM, CTSH, CVS, DATA, EA, FAS, FL, HCA, INTU, MCK, MNK, NKE, , SABR, SCI, SEE, SKX, SNE, TTWO, UNH, VMC, ADM, BG, COG, JNPR, NEM, PRE, QLIK, VOD, GIMO, GLUU, HPQ

Bear Flag: ATHM

Moves

New Highs: AMBA, ASHR, PANW, GT

H Breakout: FEYE

______________________

Watch List Stocks

Leading stocks > +2% on Tuesday: AMBA, VXX, SFUN

                                                       

Lagging stocks < -2.0% included: FSLR, GOGO, YOKU, HPQ, SVXY, ATI, GLNG, VSLR, CTRP, DAL, SPWR, ZNGA, FAS, SWI, X, CIEN, UNG, JNPR, UPL, EXPE, SINA, SCTY, YELP

7 of 100 NDX stocks closed higher and two were unchanged on Tuesday.

Leading NDX 100 stocks included: CHTR, MYL, CMCSA, LBTYA, WFM, ILMN

Lagging NDX stocks included: LVNTA, ALXN, TRIP, AMGN, AAL, TSCO, ADSK

NDX Stocks to Watch on Wednesday

Moving Above 30 DMA = 1

CMCSA

  

Moving Below 30 DMA = 16

ADP, ALXN, AMGN, BBBY, BIDU, CHKP, CSCO, GOOG, KLAC, LVNTA, MAR, PCAR, SIRI, SYMC, VRSK, WBA

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down

Stock Futures Weaken Before The Open...US Home Prices Climb 0.9%...Dollar Gains After Durable Good Report...DE Downgraded...

BMO – ES – 6.25…and NQ – 15.75…stock futures point to a LOWER open…

SPY is …down .66…

XLF is …up .03…

Euro is down 69 pips…

TLT is up .25…

Quoting Up: CTRP, SFUN, STI, FEYE, NTES, PANW, CHTR, QCOM, SNDK

Quoting Down: FSLR, DGLY, UNG, YOKU, P, ETFC, ALTR, PCLN, AMGN

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

SPX Tests Resistance as Support...XLF Forming Bull Flag...Breakout Setups...

One of nine sectors moved higher on Friday…XLF, XLK and XLB were the strongest sectors and XLI was the weakest.  Trading volume was light going into the three-day Memorial Day weekend with XLB, XLE, XLF XLK, XLV and XLY had 42% to 50% below average volume.  Markets are closed Monday.

Thank you to all who serve or have served defending our country, we remember you this Memorial Day.

 

Breadth weakened as decliners led advancers 1.76 to 1 on the NYSE and 1.36 to 1 on the NASDAQ.

Friday – weakened, decliners led

Thursday – strengthened, advancers led

Wednesday – mixed, mixed

Tuesday – weakened, decliners led

Monday – strengthened, advancers led

SPY down .51 at 212.99 on 57.4 million shares, 32% below average volume

VIX up .02 at 12.13…

TNX up .30 at 22.15…

TLT up .05 at 120.40…

XLF up .01 at 24.85 on 13.1 million shares, 49% below average volume

AAPL up 1.15 at 132.54 on 45.5 million shares, 5% below average volume

FB up .06 at 80.54 on 19.5 million shares, 22% below average volume

Technical Commentary:

QQQ -0.10%, SPY -0.24%, DIA -0.29%, IWM -0.43%.

The SPX was led by gains in DGX, EXPE, DE, NTAP, TWC, CRM, HPW, INTU, ADI, AVGO, CI, CPB and ALXN.

XLF and XLP are forming a bull flag pattern.

FEYE setup horizontal breakout at 45.09, price target 50.31, potential 11.5%

VSLR setup horizontal breakout at 15.38, price target 17.56, potential 14.1%

GOGO setup horizontal breakout at 22.60, price target 25.14, potential 11.2%

GPRO horizontal breakout at 54.26, price target 61.62, potential 13.5%

Trade with the trend of the chart you are trading and continue to move your profit protection stops.  Continue to follow your rules.

Short-term Chart Targets:

SPY = 213.91...

QQQ = 109.91, 111.16…

IWM = 125.55, 127.13…

Support Levels

SPY = 212.16, 208.62, 206.76...

QQQ = 109.32, 106.80, 105.55…

IWM = 123.17, 120.87, 120.24...

Q1 Earnings Reaction

Positive Reactions – TTWO, CMCM, RRGB, VSAT, TJX, ADI, LGF

CTRP, MBLY, NTES, SINA,

SUNE, DATA, CYBR, BABA, CSIQ, ZNGA, JD, MCHP, REGN, SPWR, ATVI, CA, EA, EXPD, CF, FISV, HLF, LC, PRU, SCTY, TSLA, CTSH, DO, HSIC, ICE, MNK, EL,

OCN, MRC, SWKS, TER, EXPE, TASR, AET, AIG, CME, F, FEYE,  GILD, LEG, LYV, MDLZ, NXPI, SLCA, TDS, TPX, UPL, UPS, VRSK, WY, AMZN, MSFT, JNPR, SBUX, GOOGL, CVX, AAL, CTXS, CAM, EBAY, FFIV, ORLY, SWK, T, ALTR, BAX, BRCM, DOW, EMC, HP, ILMN, KO, MCD, NDAQ, YUM, ABT, ATI, LRCX, PCAR, ARMH, AMGN, HAS, CHKP, HAL, MS, STI, NFLX, CE, MAT, C, DAL, FAST, INTC, JPM, LLTC, STZ, WBA, KMX, DGLY, CTRP, JUNO, KBH, MFRM, NKE,

More than 10% - TTWO, CMCM, RRGB, YOKU, ZBRA, DATA, SUNE, ZU, AOL, HLF, TGI, GPRO, OCN, MRC, TER, AMZN, MSFT, ATI, HAS, NFLX, CE, DGLY, CTRP, JUNO, 

Negative Reactions – MRVL, ROST, NTAP

LOCO, JUNO, RAX, JCP, KNDI, VSLR, VJET, XONE, YY

ALL, APA, APC, AVP, CAR, CERN, CHK, DISCA, DTV, DVA, DDD, EOG, FOSL, FOXA, FTR, GMCR, GOGO, HCA, K, LBTYA, MNST, MRO, NBL, NSM, NVDA, NWSA, NFX, PXD, SFUN, WFM, XEC, Z, ZU, LNKD

AAPL, AKAM, ATHN, BIDU, CAH, CELG, CHRW, COH, ESRX, FSLR, GLW, GRMN, LLL, MAR, PFE, SWI, TWTR, V, VIAB, VLO, WDC, WHR, HBI, BIIB, STT, TXN, XLNX, MMM, SRCL, SWN, ALXN, CMG, CREE, DHR, FB, FCX, HSY, ISRG, KLAC, PEP, PG, BA, HOG, TRV, UA, UNP, URI, YHOO, DD, BHI, RCL, AXP, BAC, GS, JNJ, SNDK, AA, BBBY, MU, GME, YOKU, XONE, 

More than -10% - NTAP, LOCO, JUNO, DGLY, RAX, MNST, FTR, NSM, AVP, LNKD, YELP, TWTR, X, WYNN, NOW, AMD, YOKU, 

Reversal in progress – NTAP, AAPL, GRMN, RCL, X, YHOO,

Reversal of Initial Reaction – AA, AKAM, AXP, BAC, BHI, CAR, CELG, DD, DHR, DTV, ESRX, FCX, FOXA, GME, GOGO, GS, HCA, JNJ, K, KLAC, LBTYA, MU, PEP, STT, SWN, URI, V, VLO, WDC, YOKU, XLNX, XONE, ZU

The SPX Market Forecast is at 91.

___________________

Setups

Horizontal Breakout: QQQ, AIG, CRM, FEYE, GOGO, GPRO, JCP, JD, SFUN, SINA, TSL, VSLR, ADBE, INTC, LRCX, SBUX,

Diagonal Breakout: STX

Bull Flag: BX, CCL, MS, NCLH, RCL, SCHW, STI, V, ZNGA, BRCM

Moves

New Highs: CIEN, CTRP, EXPE, PANW, SUNE, SWKS, YOKU,

H Breakout: ESRX, NTAP

Bounce: X

Gap Up: CTRP, EXPE, HPQ

______________________

Watch List Stocks

Leading stocks > +2% on Friday: CTRP, YOKU, SFUN, EXPE, X, FEYE, SUNE, VSLR, JD, LC, CRM, HPQ, SINA, BBRY

                                                       

Lagging stocks < -2.0% included: SLCA, UNG, SSYS, XONE, BBY, NTES, JASO

40 of 100 NDX stocks closed higher on Friday.

Leading NDX 100 stocks included: NTAP, INTU, ADI, LVNTA, AVGO, ALXN

Lagging NDX stocks included: ROST, ADSK, DLTR

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 3

ALXN, BBBY, BIDU

  

Moving Below 30 DMA = 2

CTXS, EXPD

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up