DJIA 26,616 All-time New Closing High...

The NDX, SPX, and DJIA a made a new all-time closing high on Friday.

The DJIA closed at 26,616, up +223 points on strength in INTC, PFE, MMM, MSFT, WMT, MCD, DIS, UNH, IBM, HD and V.  Friday was the eighth close above 26,000, and the sixteenth close above 25,000.  

Record highs: CSCO, DWDP, HD, JPM, MCD, MMM, MSFT, TRV, UNH, V, WMT, ADBE, ALGN, ASML, ATVI, CTSH, FISV, GOOGL, IDXX, MAR, MELI, MNST, NVDA, PCAR, PYPL, 

Ten sectors were higher on Friday, led by healthcare XLV +2.15% and technology XLK +1.59%. 

SPY up 3.28 at 286.58 on 107.7 million shares, 22% above average volume.  Up on low higher volume.

VIX down .50 at 11.08

Oil up 1.01 to 66.24

TLT down .46 at 123.59 on 9.0 million shares, 31% below average volume.  Down on lower volume.

INTC +10.55% and PFE +4.78%, led the DJIA, 25 advancers.

ABBV +13.77%, AJG +7.37%, and HCA +4.57%, led the SPX.

MXIM +7.06%, JD +6.59%, MELI +6.05%, GILD +5.26%, and MCHP +4.49%, led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is up.

Up: QQQ, SPY, DIA, IWM,

Down:

Breadth strengthened on Friday, as advancers led 1,602 to 1,327 on the NYSE and led 1,759 to 1,132 on the NASDAQ.

The SPY MFC green line is in the upper zone at 96, bullish.

Uptrend sectors:  XLY, XLK, XLF, XLE, XLP, XLV, XLB, XLI,

Neutral sectors: XLRE,

Down trend sectors: XLU,

Intermediate-term trending stocks:  Many of these stocks have had significant pull backs over the past month and it is appropriate to wait for the uptrend to resume before considering entry… BA, CAT, MAR, V, CBOE, IBKR, TRU, WYN, MCD, WYNN, ADBE, PYPL, ANET, RNG, NVDA, ISRG, VRSN, CDNS, AA, WUBA, TAL, EDU, FCAU, LRCX, CC, WB, MU, LYV, FB, A, TTWO, AABA, BABA, CCL, RCL, SHOP, ATVI, SQ, RACE, ALGN,

92 of 100 NDX stocks closed higher on Friday.

83 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 6                            

CHKP, CSX, CTRP, MU, PAYX, XLNX

Moving Below 30 DMA = 2

REGN, SBUX   

The intermediate and long-term trends are still up.

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

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