After the Close Review of Thursday’s
action…$DJI, DIA, new all-time
closing high, adding My Tools across the top of your chart, cancel right
extension on horizontal line, SPY, how
to roll SPY sim trade position, /ES
pull on missile firing after close, IWM,
QQQ, AAPL, FB, AMZN, MSFT, GOOG, GOOGL,
ADBE, UNH, NFLX, JD, C, FAS, XLF, AXP, NVDA, BAC, ATVI, ADSK, EA, GPRO, /ES…
The DJIA 22,203 and DIA 222.32 made a new all-time closing high as SPY pauses and the NDX pulls
back on weakness in AAPL, FB, AMZN,
MSFT, GOOG and GOOGL.
Six sectors were higher on Thursday, led by utilities
XLU +0.84% and
real estate XLRE
+0.70%.
SPY down .08 at 250.09 on 95.4 million shares, 41%
above average. Near unchanged on higher
volume.
VIX down .06 at 10.44
Oil up .40 to 49.72
TLT up .52 at 126.81…on
6.6 million shares, 16% below average. Up on similar volume.
UTX +2.59%, and PFE +1.91%, led
the DJIA, 16 advancers.
CHK +4.06%, KORS
+3.49% and
KIM +3.22% led the SPX.
TSLA +3.12%, CERN
+2.03%, AMAT +2.02%,
and XLNX +1.30%, led
the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up:
DIA,
Down:
SPY, IWM, QQQ,
Breadth was mixed
on Thursday as advancers led 1,513 to
1,381 on
the NYSE and decliners led 1,546 to 1,253 on
the NASDAQ.
The SPY MFC green
line is pointed
up at 92,
bullish.
Uptrend
sectors: XLK, XLV,
XLRE, XLU, XLB,
Neutral
sectors: XLE, XLP, XLY, XLI, XLF,
Down
trend sectors:
Intermediate-term trending stocks: ALGN, CBOE, ISRG, A, SHOP, TAL, TTWO, ADBE,
LYV, FCAU, V, MCD, WYNN, WB, EDU, PYPL, MU, ATVI, FB, ATVI, EA, MCD, V, SQ, CC,
TRU, ANET, CCL, RCL, WUBA, NVDA, BA, AABA, BABA, AA, LRCX,
29 of 100 NDX stocks closed
higher on Thursday.
68
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 1
CTRP,
Moving Below 30 DMA = 4
AAL, PCLN, VRSK, VRTX
The
intermediate and long-term trends are still up.
6-month Intermediate Term
Market Trend: Up
3-day Short Term Market
Trend: Up
Add Comments here
5 comments:
Dave,
Has the TOS chart been updated to include dividends? If so, is that automatic or do I need to click on a button. If not, does that affect reading the charts in a serious manner?
Also, could XLI have been shifted from neutral to up because it broke out of the double bottom on Monday, or it that too short of a time frame? I assume that it will be up once it's breaks above the july high.
Thank You
Bob...not that I know of, but you should check with TOS support, to find out for sure...XLI classification would be subject to your visual interpretation...since XLI made a similar low in August and today's close is similar to the high on July 14, it looks like two similar highs and two similar lows to me...hence I see it as neutral...however that's just my perspective...yes if it makes a new high above the July high I will then see it as Up...Dave
Dave thanks for sharing your knowledge in such an easy to understand way.Simply priceless
Fav...you're welcome...Dave
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