Thursday, September 20, 2018

SPX, DJIA Make All-time Closing Highs...Staples, Tech Lead, MU Down After-hours...





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SPY and DIA closed at a new all-time high. 

AXP, JPM, NKE, V and MA hit new highs on Thursday. 

Ten sectors were higher, led by staples XLP +1.26% and technology XLK +1.18%.

The DJIA, closed up 251 points at 26,656, a new all-time closing high, led by strength in CAT, BA, MMM, IBM and MSFT.  This is the forty-ninth consecutive close above 25,000 since June 15 and the sixth close above 26,000 since Feb 1.

SPY up 2.36 at 293.58, on 100.3 million shares, 64% above average volume. Up on higher volume.
VIX up .05 at 11.80 
Oil down.85 at 70.17
TLT up .54 at 117.15 on 8.6 million shares. 

INTC +2.28%, WBA +2.26%, led the DJIA, 28 advancers, +8.
UAA +6.61%, GCI +4.93% and BHF +4.40%, led the SPX.
NTES +4.15%, ADSK +3.25%, SWKS +3.09%, and WDC +2.84%, led the NDX.

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

Up: QQQ, DIA, IWM, SPY,
Down:

Breadth strengthened on Thursday, as advancers led 1,949 to 944 on the NYSE and led 2,173 to 782 on the NASDAQ

The SPY MFC green line is pointed up in the upper zone at 91 bullish

Uptrend sectorsXLU, XLV, XLP, XLY, XLK, 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 up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up

87 of 100 NDX stocks closed higher on Thursday.


61 NDX stocks are above their 30 DMA.  COST, AMGN, ISRG, CHKP, CA, ORLY, AAPL, QCOM, PCAR, ROST, XLNX, SBUX, CMCSA, ILMN, VRSK, SNPS, CSCO, PAYX, DISH, ADP, TTWO, ESRX, ADSK, ADBE,  INTU, ALGN, CHTR, SYMC, AVGO, ULTA, MAR, HAS, HSIC, WBA, ATVI, NFLX, AAL, MDLZ, MSFT, TMUS, LBTYA, SHPG, QRTEA, HOLX, ALXN, BKNG, CTSH, EXPE, PYPL, BIDU, BMRN, CTRP, AMZN, FISV, GILD, MYL, NTES, REGN, SWKS, VOD, VRTX,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 9
AMZN, FISV, GILD, MYL, NTES, REGN, SWKS, VOD, VRTX,

Moving Below 30 DMA = 2
CSX, NVDA,


Intermediate-term trending stocks
ADBE, COST, DG, AAPL, AMZN, MA, V, AET, ISRG, PAYX, VRSN, COP, CRM, NTAP, RNG, SQ, UNH, NVDA, ALGN, CHGG, GRUB, TWLO, W, CDNS, PAYC, FISV, NDAQ, LPSN, PSTG, ZUMZ, WIX, SHAK, ETFC, EL, CME, KORS, A, WUBA,

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2 comments:

Devoir said...

good movement in the market today.... positive trends this morning

Barry said...

I sure do miss the daily video