NDX/QQQ Breakout to New All-time Closing High as Tariff News Fades...JPM, C, WFC, PNC Report Friday Morning...

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Nine sectors were higher on Thursday, led by technology XLK +1.58% and industrial XLI 1.17%.

The DJIA, closed up 224 points at 24,924, led by strength in BA, AAPL, CAT, UTX, and MSFT.

SPY up 2.51 at 279.37, on 60.1 million shares, 16% below average volume. Up on lower volume

VIX down 1.05 at 12.58

Oil down .26 at 70.35

TLT down .01 at 122.41 on 4.8 million shares.

CSCO +2.37%, INTC +2.25%, led the DJIA, 25 advancers +20.

IPGP +4.01%, ALGN +4.00% and ADSK +3.96%, led the SPX.
CA +18.65%, MELI +4.88%, WDAY +4.32%, and ISRG +4.12%, 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 Thursday, as advancers led 1,804 to 1,108 on the NYSE and led 1,691 to 1,179 on the NASDAQ

The SPY MFC green line is in the upper zone at 90, bullish. 

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

Neutral sectors: XLP, 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

91 of 100 NDX stocks closed higher on Thursday.

74 NDX stocks are above their 30 DMA.  COST, FB, NFLX, FOXA, EA, AMGN, KHC, REGN, ROST, CHTR, HAS, MDLZ, MNST, DISH, TMUS, HOLX, HSIC, NTES, CTSH, ALXN, ISRG, AMZN, ATVI, CMCSA, CTRP, GILD, IDXX, INTU, SHPG, TTWO, BMRN, CELG, ILMN, VRTX, CDNS, CHKP, EXPE, FISV, ESRX, QRTEA, XRAY, BIIB, CA, CTAS, FB, GOOGL, MELI, ORLY, PAYX, PYPL, SYMC, VRSK, WDAY, CTXS, INCY, MSFT, BIDU, ULTA, SNPS, FAST, AAPL, ADBE, ADP, ADSK, ALGN, CERN, CSCO, DLTR, MXIM, QCOM, STX, SWKS, TXN, XLNX

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 14

AAPL, ADBE, ADP, ADSK, ALGN, CERN, CSCO, DLTR, MXIM, QCOM, STX, SWKS, TXN, XLNX

Moving Below 30 DMA = 0

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,

DLTR, WB, TPR,

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