TMUS +2.95%, in after-hours on EPS
reaction, watch
for gap up on Thursday.
VRTX +20.83% on news and upgrades, bullish
gap to new all-time high.
SPY bounce 245.72.
DIA bull flag bounce 215.81.
QQQ breakout 143.90.
IWM breakout 142.90.
Ten sectors were higher, led by energy XLE +1.46% and materials XLB +0.96%
SPY up 1.33 at 246.99 on 51.0 million shares, 19% below average.
VIX down .10 to 9.79.
Oil up .83 to 47.27
TLT up .05 at 124.80…on
5.1 million shares, 30% below average.
DD +1.61% and BA +1.27% led
the DJIA, 26 advancers.
SNI +14.73%, MUR
+6.73% and
RIG +6.47% led the SPX.
VRTX +20.83%, DISCA +4.34%, LRCX +3.06% and
ADSK +2.37% led the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up:
IWM, QQQ, SPY, DIA
Down:
Uptrend
sectors: XLI, XLB,
XLF, XLV, XLY, XLK
Neutral
sectors: XLRE, XLU, XLP
Down
trend sectors: XLE
Breadth strengthened
as advancers led 2,156
to 727 on
the NYSE and led 1,865 to 936 on the
NASDAQ.
The SPY MFC green
line is pointed
up at 94,
bullish.
Look for
a potential bounce in: SHOP, AAL, C,
JPM, WFC, SCHW, BAC, LUV, WB, MCD, XLNX, ALK, AMD, JBHT, PNC, HUN, WDC, WMT,
At
support: CSX, DDD, COST, UAL,
One Day
Pullback: TSLA, WYNN,
Bounces included:
MS, ADSK, SWKS, ADP, BBRY, DIA, EA, CC, BA,
Potential
Breakouts include: MS, MNST, ATVI, MOMO, TSLA, MAR, WYNN, CCL,
FAS, CC, WDC, EXPE, KLAC, MCHP, GOOGL, MMM, JD, WYN, NVDA, MU, TLT,
Breakouts:
QQQ, XLY, IWM, KWEB, AMZN, ANET,
JNJ, RCL, ADBE, AABA, AVGO, LRCX, FCX, AAPL, AMAT,
BIDU, AVGO,
Break of
short-term support:
Bear flag:
New Highs: RACE, SPY, NFLX, FB, AMZN, V, TAL, RACE,
SPY, AABA, PYPL, ETFC, WUBA, BABA, SQ,
74 of 100 NDX stocks closed
higher and two were unchanged on Wednesday.
72
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 7
ADP, DISCA, DLTR, HOLX,
MAT, QCOM, WBA
Moving Below 30 DMA = 3
CSX, FAST, NTES
The
intermediate and long-term trends are still up.
6-month Intermediate Term
Market Trend: Up
3-day Short Term Market
Trend: Up
Earnings Week of July 17…
DJIA
Tuesday =
GS, JNJ, UNH, IBM
Wednesday
= AXP
Thursday
= TRV, V, MSFT
Friday =
GE
NDX
Monday = NFLX, JBHT
Tuesday =
CSX
Wednesday
= TMUS,
QCOM
Thursday
= CHKP, ISRG, CTAS, EBAY, MXIM, SWKS
Friday =
Notable SPX
Monday = NFLX
Tuesday =
BAC, CMA, LMT, UAL
Wednesday
= MS,
USB, NTRS, AA
Thursday
= KEY, UNP, PM, ETFC, SHW, URI, NUE,
Friday =
STI, SLB, KSU, HON, RF, MCO, CL
Add Comments here
1 comment:
Dave,
Congratulations!! Although I read your blog every day, somehow I overlooked your leaving IT announcement in the comments the other day before I replied to your interests request. I'm looking forward to your next venture!!
Gary
Post a Comment