After the Close Review of Tuesday’s action… QQQ, AAPL, INTC, MDLZ, MU, SPY, MOS, UAA,
ADM, FB, QCOM, BABA, AMZN, IWM, DIA, VIX, BAC, JPM, MS, C, STX, BA, HD, UNH,
MSFT, AMAT, ADBE, NTAP, NFLX, PYPL, XLNX, ADSK…10:47 pm PT
© 2017
Seven sectors were higher on Tuesday, led by staples XLP +0.84% and
technology XLK
+0.43%. K, MDLZ, SJM and HRL led staples.
SPY up .40 at 257.15 on 57.8 million shares, 3% below average volume. Up on higher
volume.
VIX down .32 at 10.18
Oil up .52 to 54.64
TLT up .04 at 124.46…on
4.4 million shares, 40% below average. Up on lower volume.
INTC +2.52%, and AAPL +1.39%, led
the DJIA, 15 advancers.
ROK +7.39%, MOS
+7.15% and
K +6.22% led the SPX.
MU +6.39%, MDLZ
+5.42%, WYNN +4.45%,
WDC +4.06%, and EXPE +3.70%, led the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up:
IWM, QQQ, SPY, DIA
Down:
Breadth strengthened
on Tuesday as advancers led 1,825 to 1,087 on the
NYSE and led 1,815 to 1,063 on the
NASDAQ.
The SPY MFC green
line is in
upper zone at 87 bullish.
Uptrend
sectors: XLK, XLY,
XLU, XLF, XLB, XLE, XLRE, XLI, XLV,
Neutral
sectors:
Down
trend sectors: XLP,
Intermediate-term trending stocks: LRCX, ADBE, PYPL, ALGN, NVDA, BA, SQ, MCD,
CAT, MU, CC, TRU, FB, A, ISRG, AA, CBOE, TAL, TTWO, LYV, AABA, BABA, FCAU, EDU,
ANET, V, WYNN, RACE, WUBA, CCL, RCL, SHOP, ATVI, WB
62 of 100 NDX stocks closed
higher and one was unchanged on Tuesday.
53
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 5
ILMN, MDLZ, PCLN, WDC, WYNN,
Moving Below 30 DMA = 4
INCY, MYLAN, QCOM, TSCO,
The
intermediate and long-term trends are still up.
6-month Intermediate Term
Market Trend: Up
3-day Short Term Market
Trend: Up