SPX, DJIA, NDX Surge to New All-time Closing High… RACE, UNH, RCL, EXPE, PYPL, MCD, New High Close…

RACE, UNH, RCL, EXPE, PYPL, MCD, WYN, WMT, each make new all-time closing highs on Thursday. 

SPY, DIA, QQQ, surge to new all-time closing highs

Ten sectors were positive, led by financials XLF and materials XLB.

SPY up +1.92 at 243.36 on 68.9 million shares, 4% below average.

VIX falls -0.52 to 9.89.

Oil falls -0.60 to 48.03

TLT down -0.25 at 124.15…on 9.0 million shares, 31% above average.

UNH +2.51% and GS +1.78% lead the DJIA.

SIG +8.96% following earnings, GT +7.23%, PDCO +6.75% and DG +6.54% led the SPX.

SIRI +4.00%, QVCA +3.84%, TRIP +3.79% and DLTR +3.68% led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is up.

Up: IWM, SPY, DIA, QQQ

Down:

Uptrend sectors:  XLY, XLP, XLV, XLI, XLU, XLK, XLRE

Breadth strengthened as advancers led 2,426 to 513 on the NYSE and led 2,115 to 708 on the NASDAQ.

The SPY MFC green line is pointed up at 95, bullish.

Look for a potential bounce in: ADBE, ADSK, BIDU, EBAY, FB, JD, KLAC, LRCX, MNST, MSFT, MU, NTES, NFLX, NVDA, AAPL, WB, CC, DDD, MOMO, BABA, KWEB, AVGO,

One Day Pullback:

Bounces included: UNH, HUN, BBRY, ATVI, HD,

Break of short-term support:

Potential Breakouts include: ANET, YHOO, SHOP, XLNX, TLT,

Breakouts: WDC, UNH, XLY, RCL, EXPE,

New Highs SPY, DIA, QQQ, RACE, UNH, RCL, EXPE, PYPL, MCD, WYN, WMT, SWKS, SQ, MAR, CSX, HAS, EA, AMAT, SBUX, MCHP, AMZN, GOOGL, COST, V, MU, TSLA

82 of 100 NDX stocks closed higher on Thursday.

72 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 3

DLTR, HOLX, ILMN

Moving Below 30 DMA = 1

ROST

The intermediate and long-term trends are still up.

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

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