SPX Highest Close Since Mar 21...VIX Confirms with Lowest Close Since Mar 16...NFLX Gains After-hours...

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Futures rose overnight and moved higher on Monday.  After the close NFLX gained $16 on a positive EPS reaction.

The DJIA, closed up 212 points at 24,573, led by strength in UNH, BA, MMM, GS, CAT, HD, TRV, IBM, and JNJ. (146 points) 

All ten sectors were higher on Monday, led by utilities XLU +1.10% and materials XLB +0.79%.

SPY up 2.18 at 267.33 on 63.4 million shares, 41% below average volume. Up on lower volume.

VIX down .85 at 16.56

Oil down 1.05 to 66.34

TLT up .04 at 120.94 on 4.4 million shares.

UNH +2.69%, MRK +2.59%, led the DJIA, 25 advancers.

CVS +4.21%, ECL +4.09% and NLSN +4.05%, led the SPX.

JBHT +6.19%, WBA +3.76%, ULTA +3.19%, and COST +3.00%, led the NDX.

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

Up: IWM, DIA, SPY, QQQ

Down:  

Breadth strengthened on Monday, as advancers led 2,121 to 784 on the NYSE and led 1,778 to 1,121 on the NASDAQ.

The SPY MFC green line is pointed up and is at 43, bullish. 

Uptrend sectors:  XLRE, XLU, XLE,

Neutral sectors: XLY, XLF, XLV, XLI, XLB, XLK, XLP

Down trend sectors:

Intermediate-term trending stocks:  Many of these stocks have had significant pull backs over the past two months and it is appropriate to wait for the uptrend to resume before considering entry… ADBE, IBKR, ETFC, EL, TPR, WIX, NDAQ, WYNN, MU, VRSN, ANET, AKAM, COP, CRM, HRS, KORS, NTAP,

SQ, CMA, CME, RNG, AA, WUBA, FCAU, MA, V, ALGN, TAL,

BA, DLTR, NVDA, MAR, ISRG, WB, RACE, SHOP,

80 of 100 NDX stocks closed higher on Monday.

40 NDX stocks are above their 30 DMA.  WYNN, SHPG, ADBE, HSIC, SBUX, VRSK, DLTR, ULTA, VOD, ADP, ASML, CTXS, INTC, PCAR, STX, SYMC, AAPL, ADI, ALGN, BMRN, CELG, CHKP, COST, ILMN, MSFT, NFLX, AVGO, FOXA, HAS, CA, CSCO, CSX, CTAS, EXPE, IDXX, INTU, JBHT, MNST, ROST, TMUS,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 11

CA, CSCO, CSX, CTAS, EXPE, IDXX, INTU, JBHT, MNST, ROST, TMUS,

Moving Below 30 DMA = 0

The intermediate and long-term trends are still up.  The three-month trend is sideways.  The ten-day trend is up.

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

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