After the Close video returns on Tuesday...
The DJIA closed at 26,439, down 177 points on weakness in AAPL, CAT, CVX, MMM, BA, HD, JNJ, V and UTX.
Monday was the ninth close above 26,000, and the seventeenth close above 25,000.
Record highs: CSCO, GS, JPM, MSFT, TRV, UNH, V,
WMT, AMZN, ATVI, FISV, GOOGL, MAR, MELI, MNST, NVDA, PCAR,
All sectors were lower on Monday, led by healthcare XLV -0.27% and discretionary XLY -0.28%.
SPY down 1.90 at 284.68 on 90.1 million shares, 3% above average volume. Down
on lower volume.
VIX up 2.76 at 13.84
Oil down .72 to 65.52
TLT down .86 at 122.73 on
12.2 million shares, 28% above average volume. Down on higher volume.
GS +1.62% and WMT +1.07%, led
the DJIA, 5 advancers.
DPS +21.42%, DLPH
+2.89%, and
AMD +2.86%, led the SPX.
MXIM +12.30%, GILD
+3.91%, NFLX +3.64%,
REGN +2.28%, and MELI +2.20%, led the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up:
Down:
QQQ, IWM, DIA, SPY
Breadth weakened on Monday, as decliners led 2,460 to 532 on the NYSE and led 2,021 to
917 on the
NASDAQ.
The SPY MFC green
line is in the
upper zone at 95, 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,
30 of 100 NDX stocks closed
higher on Monday.
82
NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 2
HOLX, REGN,
Moving Below 30 DMA = 3
KHC, MU, WYNN,
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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