After the close Review of ADVN,
DECL, VIX, DIA, DJI, QQQ, SPY, IWM, TLT, XLU, XLY, KORS, RL, FOSL, UAA, FL,
CHTR, GPS, CBS, RCL, TJX, HBI, bounce setup ETFC, MCD, EA, ATVI, ADSK, potential entry MSFT, breakout setup RCL,
ZION, AXP, CCL, QQQ, V, C, BAC, ADBE, NKE, MS, sim trades SPX, MCD, MSFT, MCHP, FB, QQQ discussion
about words, talking, information and valuable information.
© 2017
DIA closes lower after making new intra-day
high on Tuesday.
QQQ, SPY horizontal resistance breakout setup.
IWM is a channel support bounce setup.
Two sectors were higher led by utilities XLU +0.41% and discretionary XLY +0.05%
SPY down .61 at 247.26 on 61.7 million shares, 8% above avg. Down on higher volume.
VIX up 1.03 at 10.96.
Oil down .35 to 48.96
TLT down .45 at 124.62…on 6.1 million shares, 14% below avg. Down on rising
volume.
AAPL +0.80% and DIS +0.59% led
the DJIA, 9 advancers.
KORS +21.54% eps, RL +13.28% eps and FOSL +5.71% led the SPX.
NCLH +4.89% eps, TSLA +2.83%, CHTR
+2.29% and JD +1.24% led the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is neutral.
Up:
Down:
DIA, QQQ, SPY, IWM
Uptrend
sectors: XLK,
XLF, XLY, XLV, XLB, XLI,
Neutral
sectors: XLRE, XLU, XLP, XLE
Down
trend sectors:
Intermediate-term
trending stocks: EXPE, PYPL, ADBE, NVDA, FB, JD, ATVI, EA,
MAR, BA, MCD, V, CCL, RCL, SQ, MOMO, CC, BZUN, AABA, SHOP, TTWO, BABA, EDU,
PGR, TRU, LYV, ALL, TAL,
Breadth weakened
on Tuesday as
decliners led 1,832 to 1,047 on the NYSE and led 1,705 to 1,112 on the NASDAQ.
The SPY MFC green
line is at 90,
bullish.
29 of 100 NDX stocks closed
higher on Tuesday.
53
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
ROST,
Moving Below 30 DMA = 4
FAST, HSIC, INCY, MXIM,
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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6 comments:
Great insight as always! Thank you!
Great Video Dave...(as always)
Dave -- Thanks for sharing BZUN (an ADR) with us. Here is some info about the company: Baozun Inc. is a brand e-commerce solutions company. The Company is engaged in providing end-to-end e-commerce solutions, including the sales of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing and order fulfillment. Its segments include the brand e-commerce segment, which provides brand-e-commerce solutions to its brand partners, including IT services, store operations, digital marketing, customer services, warehousing and fulfillment, and the Maikefeng segment that operates its retail online platform, Maikefeng. Its subsidiaries include Baozun Hong Kong Holding Limited and Baozun Hongkong Investment Limited.
Dave Thanks for sharing, looking forward to your next video.
Thank you Dave.... As Always, your videos help me keep focus...Great Video, Two Thumbs Up!
Always hard to filter out the noise so your words were helpful. Thank you for sharing your experience.
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