© 2018
SPY rose for the fourth straight day making a new all-time closing high
of 286.34.
Six sectors were higher on Tuesday, led by discretionary XLY +0.79% and industrial XLI +0.74%.
The DJIA, closed up 63 points at 25,822, led
by weakness in BA, GS, HD, CAT and INTC.
This is the twenty eighth consecutive close above 25,000 since
June 15.
SPY up .67 at 286.34, on 66.9 million shares, 12% above average volume. Up on higher volume.
VIX up .37 at 12.86
Oil up .63 at 66.07
TLT down .41 at 121.38 on 4.6 million shares.
INTC +2.41%, GS
+1.22%, led the DJIA, 19 advancers
DISCA +5.84%, MDT
+5.71% and
PHM +5.47%, led the SPX.
TSLA +4.36%, MU
+3.89%, CHTR +3.42%,
and NFLX +3.14%, led
the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is up.
Up: IWM, QQQ, DIA, SPY
Down:
Breadth strengthened
on Tuesday, as advancers led 1,862 to 1,016 on the
NYSE and led 2,057 to
928 on
the NASDAQ
The SPY MFC green
line is in the
upper zone pointed up at 88 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
76 of 100
NDX stocks closed higher on Tuesday.
53
NDX stocks are above their 30
DMA. COST,
AMGN, HAS, HSIC, ISRG, AMZN, GILD, CELG, CHKP, EXPE, 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, MDLZ, REGN, AAL, ADSK, CDNS, CHTR, MXIM, NVDA, VRTX
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 5
CDNS, CHTR, MXIM, NVDA,
VRTX
Moving Below 30 DMA = 3
IDXX, KHC, MSFT
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,
2 comments:
It's Great to have Chart Signals back....Thanks, Dave
Market is moving in the right directions today
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