SPY, DIA, QQQ Form Bullish Harami in Bull Flag...AAPL +4% in After-hours on EPS...

© 2018

Eight sectors were higher on Tuesday, led by industrials XLI +2.21% and real estate XLRE +1.94%.

The DJIA, closed up 108 points at 25,415, led by strength in MMM, BA, CAT, UTX and PFE.  This is the thirteenth consecutive close above 25,000 since June 15.

SPY up 1.38 at 281.33, on 68.5 million shares, 1% above average volume. Up on higher volume.

VIX down 1.23 at 12.83

Oil down 1.66 at 68.43

TLT up .65 at 119.70 on 6.7 million shares.

MMM +3.51%, PFE +3.47%, led the DJIA, 19 advancers, +3.

HRS +9.68%, XYL +9.32% and RRC +5.90%, led the SPX.
ILMN +12.14%, KLAC +10.46%, CHTR +3.63%, and LBTYA +3.41%, led the NDX.

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

Up: IWM, QQQ, DIA, SPY

Down:

Breadth strengthened on Monday, as advancers led 1,970 to 934 on the NYSE and led 1,877 to 1,071 on the NASDAQ

The SPY MFC green line is in the upper zone at 85, bullish. 

Uptrend sectors:  XLV, XLP, XLY, XLK, XLU, XLRE,

Neutral sectors: XLE, XLB, XLF, XLI,

Down trend sectors:

The 6-month intermediate and long-term trends are still up.  The three-month trend is now up.  The ten-day trend is sideways.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down

71 of 100 NDX stocks closed higher on Tuesday.

57 NDX stocks are above their 30 DMA.  COST, AMGN, REGN, HAS, MDLZ, MNST, HOLX, HSIC, CTSH, ALXN, ISRG, AMZN, CTRP, GILD, IDXX, SHPG, BMRN, CELG, VRTX, CHKP, EXPE, BIIB, CA, CTAS, FB, GOOGL, MELI, ORLY, CTXS, MSFT, FAST, AAPL, DLTR, QCOM, WBA, ASML, PCAR, ROST, XLNX, CSX, XRAY, CERN, MAR, SBUX,  AAL, AMAT, CMCSA, LRCX, ESRX, KLAC, MXIM, VOD, CHTR, ILMN, MYL, VRSK, WYNN,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 5

CHTR, ILMN, MYL, VRSK, WYNN,

Moving Below 30 DMA = 1

NTES,

Intermediate-term trending stocks: 

RACE, ADBE, IBKR, ETFC, MA, V, ISRG, WIX, NDAQ, WYNN, VRSN, TAL, COP, CRM, NTAP, RNG, AA, WUBA, FCAU, NVDA, SQ, ALGN, AKAM, SHOP, EL

BA, MU, MAR, CMA, CME, ANET, HRS, KORS,

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Tech Weakest Sector as SPY Moves Lower in 3-day Bull Flag...

More to follow…

© 2018

Three sectors were higher on Monday, led by energy XLE +0.82% and financial XLF +0.07%.

The DJIA, closed down 144 points at 25,306, led by weakness in BA, V, AXP, CAT and MSFT.  This is the twelfth consecutive close above 25,000 since June 15.

SPY down 1.47 at 279.95, on 63.7 million shares, 5% below average volume. Down on lower volume.

VIX up 1.23 at 14.29

Oil up 1.05 at 70.09

TLT down .41 at 119.05 on 7.1 million shares.

MRK +2.08%, CVX +1.48%, led the DJIA, 16 advancers, +3.

BEN +5.73%, IVZ +5.35% and AMG +5.08%, led the SPX.
VOD +4.54%, CELG +2.87%, CHTR +2.66%, and DLTR +2.31%, led the NDX.

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

Up:

Down: SPY, DIA, IWM, QQQ

Breadth strengthened on Monday, as decliners led 1,534 to 1,340 on the NYSE and led 1,920 to 1,022 on the NASDAQ

The SPY MFC green line is in the upper zone at 87, bullish. 

Uptrend sectors:  XLV, XLP, XLY, XLK, XLU, XLRE,

Neutral sectors: XLE, XLB, XLF, XLI,

Down trend sectors:

The 6-month intermediate and long-term trends are still up.  The three-month trend is now up.  The ten-day trend is sideways.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down

26 of 100 NDX stocks closed higher on Monday.

53 NDX stocks are above their 30 DMA.  COST, AMGN, REGN, HAS, MDLZ, MNST, HOLX, HSIC, NTES, CTSH, ALXN, ISRG, AMZN, CTRP, GILD, IDXX, SHPG, BMRN, CELG, VRTX, CHKP, EXPE, BIIB, CA, CTAS, FB, GOOGL, MELI, ORLY, CTXS, MSFT, FAST, AAPL, DLTR, QCOM, WBA, ASML, PCAR, ROST, XLNX, CSX, XRAY, CERN, MAR, SBUX,  AAL, AMAT, CMCSA, LRCX, ESRX, KLAC, MXIM, VOD,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 1

VOD,  

Moving Below 30 DMA = 15

ADBE, ADP, BKNG, CDNS, FISV, ILMN, INTU, MCHP, NVDA, PAYX, SNPS, TTWO, ULTA, VRSK, WDAY,

Intermediate-term trending stocks: 

RACE, ADBE, IBKR, ETFC, MA, V, ISRG, WIX, NDAQ, WYNN, VRSN, TAL, COP, CRM, NTAP, RNG, AA, WUBA, FCAU, NVDA, SQ, ALGN, AKAM, SHOP, EL

BA, MU, MAR, CMA, CME, ANET, HRS, KORS,

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INTC, WDC, EA Drag NDX Down...TWTR -20% on EPS...

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Stocks sold off after weak EPS reports from INTC, XOM, WDC, EA and TWTR -20.54%. 

Earnings Reported this past week: 

Positive Reactions:  HAS, GOOG, CDNS, BIIB, PCAR, UTX, VZ, MMM, AVY, HOG, IQV, GRUB, FLIR, GLW, HCA, RHI, WM, ROK, UPS, SIRI, CHKP, VRTX, CTXS, QCOM, XLNX, MDLZ, KO, ORLY, MDLZ, AAL, CMCSA, EXPE, LRCX, AMZN, CELG, MXIM, SBUX, CVX

Negative Reactions:  TXN, FB, PYPL, ALGN, GILD, BA, V, MCD, INTC, EA, TWTR, WDC, MRK, XOM,

Three sectors were higher on Friday, led by financial XLF +0.21% and staples XLP +0.13%.

The DJIA, closed down 76 points at 25,451, led by weakness in INTC, AAPL, XOM, HD and MSFT.  This is the eleventh consecutive close above 25,000 since June 15.

SPY down 1.92 at 281.42, on 76.7 million shares, 11% above average volume. Down on higher volume.

VIX up .89 at 13.03

Oil down .50 at 69.04

TLT up .20 at 119.46 on 4.5 million shares.

CVX +1.63%, WBA +1.63%, led the DJIA, 13 advancers, -7.

NOV +10.32%, GT +9.46% and ZBH +7.76%, led the SPX.

EXPE +9.53%, LRCX +7.20%, MXIM +3.36%, and AMAT +2.40%, led the NDX.

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

Up:

Down: DIA, SPY, QQQ, IWM

Breadth weakened on Friday, as decliners led 1,939 to 914 on the NYSE and led 2,252 to 691 on the NASDAQ

The SPY MFC green line is in the upper zone at 91, bullish. 

Uptrend sectors:  XLV, XLY, XLK, XLU, XLRE, XLP,

Neutral sectors: XLE, XLB, XLF, XLI,

Down trend sectors:

The 6-month intermediate and long-term trends are still up.  The three-month trend is now up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Sideways

23 of 100 NDX stocks closed higher on Friday.

66 NDX stocks are above their 30 DMA.  COST, AMGN, REGN, HAS, MDLZ, MNST, HOLX, HSIC, NTES, CTSH, ALXN, ISRG, AMZN, CTRP, GILD, IDXX, INTU, SHPG, TTWO, BMRN, CELG, ILMN, VRTX, CDNS, CHKP, EXPE, FISV, BIIB, CA, CTAS, FB, GOOGL, MELI, ORLY, PAYX, VRSK, WDAY, CTXS, MSFT, ULTA, SNPS, FAST, AAPL, ADBE, ADP, DLTR, QCOM, WBA, ASML, PCAR, ROST, XLNX, CSX, XRAY, BKNG, CERN, MAR, SBUX,  AAL, AMAT, CMCSA, LRCX, ESRX, KLAC, MCHP, MXIM,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 4

ESRX, KLAC, MCHP, MXIM,

Moving Below 30 DMA = 9

ADSK, ALGN, BIDU, CSCO, INTC, PYPL, QRTEA, SIRI, TXN,

Intermediate-term trending stocks: 

RACE, ADBE, IBKR, ETFC, MA, V, ISRG, WIX, NDAQ, WYNN, VRSN, TAL, COP, CRM, NTAP, RNG, AA, WUBA, FCAU, NVDA, SQ, ALGN, AKAM, SHOP, EL

BA, MU, MAR, CMA, CME, ANET, HRS, KORS,

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IWM, DIA Rise as FB Drags QQQ Lower...AMZN Gaps Up in After-hours on EPS Reaction...

© 2018

Today QQQ closed down following the -18.96% drop in FB. 

AMD, DHI, ALK, AAL, MDLZ, ORLY, and CELG had a positive earnings reaction on Thursday.  MCD, ALGN and GILD were lower on a negative reaction. 

AMZN +57.50, +3.18%, EXPE +9.14%, LRCX +4.73%, moved higher after the close.    INTC, EA, reported after the close and were in lower after-hours trading. 

Reported: 

Positive Reactions:  HAS, GOOG, CDNS, BIIB, PCAR, UTX, VZ, MMM, AVY, HOG, IQV, GRUB, FLIR, GLW, HCA, RHI, WM, ROK, UPS, SIRI, CHKP, VRTX, CTXS, QCOM, XLNX, MDLZ, KO, ORLY, MDLZ, AAL, CMCSA, EXPE, LRCX, AMZN, CELG,

Negative Reactions:  TXN, FB, PYPL, ALGN, GILD, BA, V, MCD, INTC, EA,

Earning reports this week coming from:

NDX stocks: MXIM, SBUX, and WDC. 

DJIA stocks: MRK, XOM and CVX.

Six sectors were higher on Thursday, led by energy XLE +1.09% and utilities XLU +1.07%.

The DJIA, closed up 112 points at 25,527, led by strength in MMM, BA, TRV, DIS and UNH.  This is the tenth consecutive close above 25,000 since June 15.

SPY down .67 at 283.34, on 57.9 million shares, 16% below average volume. Down on lower volume.

VIX down .15 at 12.14

Oil up .28 at 69.54

TLT down .23 at 119.26 on 6.8 million shares.

TRV +2.54%, DIS +2.10%, led the DJIA, 20 advancers, -5.

AMD +14.33%, DHI +10.88% and ALK +9.56%, led the SPX.

XLNX +9.59%, QCOM +7.00%, AAL +4.79%, and CHTR +4.46%, led the NDX.

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

Up: IWM, DIA,

Down: SPY, QQQ,

Breadth weakened slightly on Thursday, as advancers led 1,709 to 1,193 on the NYSE and led 1,592 to 1,329 on the NASDAQ

The SPY MFC green line is in the upper zone at 92.99, bullish. 

Uptrend sectors:  XLV, XLY, XLK, XLU, XLRE, XLP,

Neutral sectors: XLE, XLB, XLF, XLI,

Down trend sectors:

The 6-month intermediate and long-term trends are still up.  The three-month trend is now up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

45 of 100 NDX stocks closed higher on Thursday.

71 NDX stocks are above their 30 DMA.  COST, AMGN, REGN, HAS, MDLZ, MNST, HOLX, HSIC, NTES, CTSH, ALXN, ISRG, AMZN, CTRP, GILD, IDXX, INTU, SHPG, TTWO, BMRN, CELG, ILMN, VRTX, CDNS, CHKP, EXPE, FISV, BIIB, CA, CTAS, FB, GOOGL, MELI, ORLY, PAYX, PYPL, VRSK, WDAY, CTXS, MSFT, ULTA, SNPS, FAST, AAPL, ADBE, ADP, ALGN, DLTR, QCOM, TXN, WBA, ASML, PCAR, ROST, XLNX, CSX, XRAY, INTC, ADSK, BIDU, BKNG, CERN, CSCO, MAR, SBUX, SIRI, AAL, AMAT, CMCSA, LRCX, QRTEA,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 5

AAL, AMAT, CMCSA, LRCX, QRTEA,

Moving Below 30 DMA = 5

ATVI, EA, FB, NVDA, WYNN,

Intermediate-term trending stocks: 

RACE, ADBE, IBKR, ETFC, MA, V, ISRG, WIX, NDAQ, WYNN, VRSN, TAL, COP, CRM, NTAP, RNG, AA, WUBA, FCAU, NVDA, SQ, ALGN, AKAM, SHOP, EL

BA, MU, MAR, CMA, CME, ANET, HRS, KORS,

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Rally After Positive EU Trade Developments...NDX Hit New All-time Closing High Before FB Collapse Impacts NDX After-hours...

© 2018

Today QQQ closed at a new all-time of 182.82 and SPY closed just 15 cents below its all-time closing high of 284.16 on Jan 26.  A late afternoon rally occurred after a report that trade and tariff progress had occurred in talks between the U.S. and the EU.

KO, CHKP, CTXS, QCOM, XLNX and MDLZ had a positive earnings reaction on Wednesday.  BA, FB, PYPL, ALGN and GILD were lower on a negative reaction.  FB reported after the close and fell 20% in after-hours trading. 

Reported: 

Positive Reactions:  HAS, GOOG, CDNS, BIIB, PCAR, UTX, VZ, MMM, AVY, HOG, IQV, GRUB, FLIR, GLW, HCA, RHI, WM, ROK, UPS, SIRI, CHKP, VRTX, CTXS, QCOM, XLNX, MDLZ, KO,

Negative Reactions:  TXN, FB, PYPL, ALGN, GILD, BA, V,

Earning reports this week coming from:

NDX stocks: AAL, ALXN, CELG, ORLY, MXIM, EXPE, EA, INTC, LRCX, SBUX, AMZN and WDC. 

DJIA stocks: MCD, INTC, MRK, XOM and CVX.

Ten sectors were higher on Wednesday, led by industrials XLI +1.52% and healthcare XLV +1.28%.

The DJIA, closed up 172 points at 25,414, led by strength in MMM, MSFT, V, CAT and AAPL.  This is the ninth consecutive close above 25,000 since June 15.

SPY up 2.40 at 284.01, on 78.8 million shares, 13% above average volume. Up on higher volume.

VIX down .12 at 12.29

Oil up .50 at 69.26

TLT down .19 at 119.49 on 7.3 million shares.

MSFT +2.94%, NKE +2.16%, led the DJIA, 25 advancers, +2.

FLIR +11.79%, GLW +11.33% and HCA +9.22%, led the SPX.

CHKP +5.22%, JD +4.56%, AVGO +3.97%, and TSLA +3.80%, 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 Wednesday, as advancers led 1,810 to 1,065 on the NYSE and led 1,643 to 1,240 on the NASDAQ

The SPY MFC green line is in the upper zone at 92, bullish. 

Uptrend sectors:  XLV, XLY, XLK, XLU, XLRE, XLP,

Neutral sectors: XLE, XLB, XLF, XLI,

Down trend sectors:

The 6-month intermediate and long-term trends are still up.  The three-month trend is now up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

86 of 100 NDX stocks closed higher on Wednesday.

71 NDX stocks are above their 30 DMA.  COST, FB, EA, AMGN, REGN, HAS, MDLZ, MNST, HOLX, HSIC, NTES, CTSH, ALXN, ISRG, AMZN, ATVI, CTRP, GILD, IDXX, INTU, SHPG, TTWO, BMRN, CELG, ILMN, VRTX, CDNS, CHKP, EXPE, FISV, BIIB, CA, CTAS, FB, GOOGL, MELI, ORLY, PAYX, PYPL, VRSK, WDAY, CTXS, MSFT, ULTA, SNPS, FAST, AAPL, ADBE, ADP, ALGN, DLTR, QCOM, TXN, WBA, ASML, PCAR, ROST, XLNX, CSX, XRAY, INTC, ADSK, BIDU, BKNG, CERN, CSCO, MAR, NVDA, SBUX, SIRI, WYNN,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 10

ADSK, BIDU, BKNG, CERN, CSCO, MAR, NVDA, SBUX, SIRI, WYNN,

Moving Below 30 DMA = 1

CMCSA,

Intermediate-term trending stocks: 

RACE, ADBE, IBKR, ETFC, MA, V, ISRG, WIX, NDAQ, WYNN, VRSN, TAL, COP, CRM, NTAP, RNG, AA, WUBA, FCAU, NVDA, SQ, ALGN, AKAM, SHOP, EL

BA, MU, MAR, CMA, CME, ANET, HRS, KORS,

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QQQ Hits New All-time High as DIA and SPY Rise...GOOG New High...

More to follow…

© 2018

Reported:  HAS, GOOG, CDNS, BIIB, PCAR, TXN, UTX, VZ, MMM, AVY, HOG, IQV,

Earning reports this week coming from:

NDX stocks: SIRI, CHKP, FB, PYPL, ALGN, GILD, VRTX, CTXS, QCOM, XLNX, MDLZ, AAL, ALXN, CELG, ORLY, MXIM, EXPE, EA, INTC, LRCX, SBUX, AMZN and WDC. 

DJIA stocks: KO, BA, V, MCD, INTC, MRK, XOM and CVX.

Eight sectors were higher on Tuesday, led by materials XLB +1.29% and energy XLE +1.26%.

The DJIA, closed up 197 points at 25,241, led by strength in BA, UTX, JNJ, CVX and GS.  This is the eighth consecutive close above 25,000 since June 15.

SPY up 1.41 at 281.61, on 68.0 million shares, 2% below average volume. Up on higher volume.

VIX down .21 at 12.41

Oil up .96 at 68.76

TLT up .41 at 119.68 on 9.0 million shares.

UTX +3.76%, JNJ +2.16%, led the DJIA, 23 advancers, +10.

AVY +11.08%, HOG +7.67% and IQV +6.29%, led the SPX.
BIIB +4.11%, GOOGL +3.89%, CELG +2.46%, and PYPL +2.43%, led the NDX.

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

Up: DIA, SPY, QQQ

Down: IWM,

Breadth weakened on Tuesday, as decliners led 1,561 to 1,334 on the NYSE and led 2,047 to 911 on the NASDAQ

The SPY MFC green line is in the upper zone at 92, bullish. 

Uptrend sectors:  XLV, XLY, XLK, XLU, XLRE, XLP,

Neutral sectors: XLE, XLB, XLF, XLI,

Down trend sectors:

The 6-month intermediate and long-term trends are still up.  The three-month trend is now up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

37 of 100 NDX stocks closed higher on Tuesday.

62 NDX stocks are above their 30 DMA.  COST, FB, EA, AMGN, REGN, HAS, MDLZ, MNST, HOLX, HSIC, NTES, CTSH, ALXN, ISRG, AMZN, ATVI, CMCSA, CTRP, GILD, IDXX, INTU, SHPG, TTWO, BMRN, CELG, ILMN, VRTX, CDNS, CHKP, EXPE, FISV, BIIB, CA, CTAS, FB, GOOGL, MELI, ORLY, PAYX, PYPL, VRSK, WDAY, CTXS, MSFT, ULTA, SNPS, FAST, AAPL, ADBE, ADP, ALGN, DLTR, QCOM, TXN, WBA, ASML, PCAR, ROST, XLNX, CSX, XRAY, INTC,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 4

BIDU, MAR, MXIM, SIRI, 

Intermediate-term trending stocks: 

RACE, ADBE, IBKR, ETFC, MA, V, ISRG, WIX, NDAQ, WYNN, VRSN, TAL, COP, CRM, NTAP, RNG, AA, WUBA, FCAU, NVDA, SQ, ALGN, AKAM, SHOP, EL

BA, MU, MAR, CMA, CME, ANET, HRS, KORS,

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