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SQ, V and CRM hit new highs on Thursday.
The DJIA, closed up 54 points at 26,439, led by strength in AAPL, BA and UNH. This
is the fifty-fourth consecutive close above 25,000 since June 15 and the eleventh close above 26,000 since Feb 1.
Eight of eleven sectors were higher, led by utilities
XLU +1.03% and
communications XLC +0.86%.
SPY up .81 at 290.69, on 59.2 million
shares, 3% below average volume. up on lower volume.
VIX down .48 at 12.41
Oil up .15 at 72.19
TLT up .08 at 117.50 on 5.7 million shares.
AAPL +2.06%, WBA +1.17%, led the DJIA, 17 advancers, +9
ALK +2.77%, FOSL +2.59% and NRG +2.50%, led the SPX.
REGN +3.70%, MELI +2.82%, TMUS +2.47%, and INCY +2.40%, led the NDX.
Intermediate and long
term up trend intact. 3-day short term trend is sideways.
Up: QQQ, SPY, DIA, IWM
Down:
Breadth strengthened on Thursday, as advancers
led 1,572 to 1,278 on the NYSE and led 1,467 to 1,442 on the NASDAQ
The SPY
MFC green line is pointed up in the upper zone at 83 bullish.
Uptrend sectors: XLU, XLV, XLP, XLY, XLK, XLRE,
XLI,
Neutral sectors: XLF,
XLE, XLB, XLC,
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: Sideways
67 of 100 NDX stocks closed higher on Thursday.
59
NDX stocks are above their 30
DMA. COST, AMGN, ISRG, CHKP, CA, ORLY, QCOM, ROST, XLNX, SBUX, ILMN,
VRSK, CSCO, 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, BIDU, FISV, GILD, NTES, REGN, VRTX, AAPL,
FOXA, AMZN, BIIB, TSLA, CSX, EA, FB, GOOGL, IDXX, MELI,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 6
CSX, EA, FB, GOOGL,
IDXX, MELI,
Moving Below 30 DMA = 2
PAYX, PYPL,
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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