© 2018
SPY paused on Wednesday, after rising for four
straight days. IWM made a new all-time closing high
of 171.18.
Four sectors were higher on Wednesday, led by energy XLE +1.20% and technology XLK +0.30%.
The DJIA, closed down 88 points
at 25,733, led by weakness in BA, UTX, TRV, MMM and HD. This is the twenty ninth consecutive
close above 25,000
since June 15.
SPY down .17 at 286.17,
VIX down .61 at 12.25
XOM +1.43%, MSFT
+1.02%, led the DJIA, 8 advancers, -11.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up: QQQ, IWM,
Down:
SPY, DIA
The SPY MFC green
line is in the
upper zone pointed up at 91 bullish.
Uptrend
sectors: XLV, XLP,
XLY, XLK, XLU, XLRE, XLI
Neutral
sectors: XLF, XLE, XLB,
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: Up
60 of 100
NDX stocks closed higher on Wednesday.
60
NDX stocks are above their 30
DMA. COST,
AMGN, HAS, HSIC, ISRG, AMZN, GILD, CELG, CHKP, CA, CTAS, ORLY, CTXS, FAST,
AAPL, DLTR, QCOM, WBA, PCAR, ROST, XLNX, CSX, CERN, SBUX, CMCSA, KLAC, ILMN,
VRSK, SNPS, ADBE, CSCO, PAYX, TMUS, WDAY, DISH, FISV, ADP, TTWO, ESRX, MNST,
MYL, JBHT, INCY, REGN, AAL, ADSK, CDNS, CHTR, MXIM, NVDA, VRTX, ADBE, ADI,
EBAY, IDXX, MSFT, PYPL, SHPG, SIRI, STX,
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 9
ADBE, ADI, EBAY, IDXX, MSFT,
PYPL, SHPG, SIRI, STX,
Moving Below 30 DMA = 2
EXPE, MDLZ,
Intermediate-term trending stocks:
ADBE,
ETFC, MA, V, ISRG, WIX, NDAQ, VRSN, COP, CRM, NTAP, RNG, SQ, ALGN, GRUB, AKAM,
CDNS, FISV, BA, MU, CMA, HRS, SHOP, EL, NVDA, CME,
MAR,
ANET, KORS, IBKR, RACE, WYNN, TAL, AA, WUBA, FCAU,
1 comment:
Love it when the plan works
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