SPY, DIA and
IWM closed slightly lower on Monday as buyer balanced sellers.
Four sectors were positive, led by energy XLE and real estate XLRE.
SPY down -.05 at 243.36 on 86.1 million shares, 24% above average.
VIX up .76 to 11.46.
Oil rises +0.10 to 46.00
TLT down -.04 at 124.36…on
4.3 million shares, 40% below average.
GE +3.58% and CVX +1.54% lead
the DJIA.
UAA +5.76%, KIM
+3.99% and AN +3.42% led the SPX.
CTXS +3.23%, AKAM
+2.89%, CTAS +2.10%
and
FOXA +2.06% led
the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is neutral.
Up:
Down:
SPY, DIA, IWM, QQQ,
Uptrend
sectors: XLY, XLP,
XLV, XLI, XLU, XLK, XLRE, XLB
Breadth weakened as advancers led 1,481
to 1,421 on the NYSE and decliners led 1,624 to 1,199 on the NASDAQ.
The SPY MFC green
line is pointed
down in its upper zone at 88, bullish.
Look for
a potential bounce in: CSX, TSLA, SQ, RCL,
ADSK, BABA, NVDA, EXPE, ANET , SPY, AMD, MCHP, AMAT, AVGO, DDD, QQQ, TLT, V,
MNST, WMT, WB, EA, XLY, WYN, MAR, CC, HD,
HUN, ADBE, MOMO, KWEB, JD, BBY, MCD, BBRY, AMZN, SHOP, LRCX, RACE, SWKS, PYPL, KLAC,
NFLX, ATVI, YHOO, XLNX, AMD, FB, WDC, GOOGL, CC
One Day
Pullback:
Bounces included:
Break of
short-term support: BIDU, AAPL, ADSK,
Potential
Breakouts include: SPY, AMD, BBRY,
Breakouts:
DIA
New Highs
47 of 100 NDX stocks closed
higher and one was unchanged on Monday.
57
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 7
ADI, CA, CELG, DISCA,
LNTA, PCAR, VIAB
Moving Below 30 DMA = 10
AMZN, ATVI, CTRP, EBAY, GOOG, MDLZ, SBUX, SWKS,
XLNX, XRAY
The
intermediate and long-term trends are still up.
6-month Intermediate Term
Market Trend: Up
3-day Short Term Market
Trend: Neutral
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