© 2018
NXPI replaced CA in the Nasdaq 100, before the open Monday Nov. 5 .
The DJIA, closed up 190 points at 25,461, led by strength in IBM, BA, CVX, MCD and HD. This
is the fourth close above 25,000 in five days.
Nine of eleven sectors was higher on Monday, led by energy
XLE +1.67% and real estate XLRE +1.66%.
SPY up 1.50 at 273.39, on 65.6 million
shares, 44% below average volume. Up on lower volume.
VIX up .45 at 19.96
IBM +3.80%, CVX +3.67%, led the DJIA, 24 advancers, +12.
SWN +9.07%, EQT +8.34%and COG +5.87%, led the SPX.
KHC +3.27%, PEP +2.90%, SYMC +2.67%, and INCY +2.31% led
the NDX.
Intermediate and long
term up trend intact. 3-day short term trend is up.
Up: DIA, SPY,
Down: IWM, QQQ,
Breadth strengthened
on Monday, as advancers led 1,872 to 1,031 on the NYSE and
decliners led 1,610 to 1,433 on the NASDAQ
The SPY
MFC green line is pointed up at 34 and is short-term
bullish.
Uptrend sectors: XLU, XLP,
Neutral sectors:
XLV, XLRE,
Down trend sectors: XLK,
XLY, XLI, XLF, XLE, XLC, XLB,
The 6-month intermediate
and long-term trends are still up. The three-month trend is down.
The ten-day trend is down.
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Up
54 of 100 NDX stocks closed higher on Monday.
37
NDX stocks are above their 30
DMA. SBUX, WBA, CDNS, TSLA, PEP,
XLNX, CA, ROST, CMCSA, DLTR, ESRX, EXPE, INTC, QRTEA, SHPG, CHTR, COST, MELI,
TMUS, AAL, ADI, BKNG, FOXA, INCY, JD, LRCX, MAR, MDLZ, NTES, SIRI, STX, ULTA,
HSIC, INTU, MNST, PYPL, SYMC,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 5
HSIC, INTU, MNST, PYPL, SYMC,
Moving Below 30 DMA = 3
CTRP, ILMN, TTWO,
Add Comments here
No comments:
Post a Comment