After the close Review of VIX, SPX, DIA, SPY, IWM, QQQ, AAPL, MCD,
C, FAS, NKE, UNH, CCL, RCL, NCLH, ZION, AAL, EA, NVDA, EA, NVDA, AMD, STT,
ETFC, JD, ADBE, MSFT, PYPL, FB NFLX, ATVI, SYMC, AXP, V, TLT, LU, XLE, CMCSA,
WVA, TRV
Three sectors were higher led by financial XLF +0.72% and utilities XLU +0.34%
SPY down .14 at 246.77 on 65.8 million shares, 12% above avg. Down slightly on increasing volume.
VIX down .03 at 10.26.
Oil up .38 to 50.17
TLT up .15 at 124.04…on
5.4 million shares, 21% below avg. Up on slightly higher volume.
HD +1.03% and CVX +0.99% led
the DJIA, 20 advancers.
SCG +5.03%, AMG
+4.02% eps and IRM +3.52% led the SPX.
CHTR +5.85%, LVNTA +4.74%, COST +3.68% and
CMCSA +2.35% led the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is neutral.
Up:
DIA,
Down:
SPY, IWM, QQQ
Uptrend
sectors: XLK, XLY,
XLB, XLF, XLV, XLI,
Neutral
sectors: XLRE, XLU, XLP, XLE
Down
trend sectors:
Breadth was
steady on Monday as
advancers led 1,545 to
1,361 on
the NYSE and decliners led 1,568 to 1,236 on
the NASDAQ.
The SPY MFC green
line is at 90,
bullish.
40 of 100 NDX stocks closed
higher and one was unchanged on Monday.
61
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 1
COST
Moving Below 30 DMA = 7
AMAT, AMZN, CSCO, DISCA, FAST, REGN, TMUS
The
intermediate and long-term trends are still up.
6-month Intermediate Term
Market Trend: Up
3-day Short Term Market
Trend: Neutral
Earnings Week of July 31…
NDX
Monday = DISCA
Tuesday = AAPL, IDXX,
INCY, ILMN, FISV,
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6 comments:
Thanks again, Dave, for your daily insights. I have bookmarked your page and check several times a day. Would you consider live streaming on youtude? Or posting videos on youtube? Anyhow truly appreciate what you've done for us all these years.
thank You Dave
Hi Dave,
How I can subscribe to this blog so i get email when you post. Currently subscribe button is not working.
Thank You
Deepa
I really look forward to hearing your market talks. They are so interesting and you present the material quite objectively. It would be great if you posted a tentative schedule so that followers would know when to check in. While the lessons can be absorbed after the fact, they have the most impact when closest to real time. Do you intend to post on Mondays, Wednesdays, and Friday like last week? For now, I'll just check back often, as I don't want to miss anything. Thank you.
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