© 2018
NXPI replaced CA in the Nasdaq 100, Monday Nov. 5
before the open.
Earnings season continued on Wednesday. Positive reactions included TWLO, ETSY, XEC, DVA, PXD, and HUM. Negative reactions: COTY, KORS, MB, GDDY, DLPH,
The DJIA, closed up 545 points at 26,180, led by strength in UNH, AAPL, MMM, CAT and BA. This
is the sixth close above 25,000 in six days and the first close above 26,000 since Oct 9.
All eleven sectors were higher on Wednesday, led by healthcare
XLV +2.94% and technology XLK +2.94%.
SPY up 5.89 at 281.01 on 102.7 million
shares, 14% below average volume. Up on higher volume.
VIX down 3.55 at 16.36
Oil down .18 at 61.59
TLT up .15 at 112.52 on 9.3 million shares.
CAT +4.46%, UNH +4.21%, led the DJIA, 29 advancers, +7.
XEC +12.07%, DVA +9.86%and CNC +9.23%, led the SPX.
ALGN +6.95%, WDAY +6.86%, AMZN +6.86%, and ILMN +6.18% led
the NDX.
Intermediate and long
term up trend intact. 3-day short term trend is up.
Up: QQQ, DIA, SPY, IWM
Down:
Breadth strengthened
on Wednesday, as advancers led 2,249 to 712 on the NYSE and
led 2,099 to 942 on the NASDAQ
The SPY
MFC green line is pointed up at 45 and is 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
92 of 100 NDX stocks closed higher on Wednesday.
69
NDX stocks are above their 30
DMA. SBUX, WBA, CDNS, TSLA, PEP,
XLNX, ROST, CMCSA, DLTR, ESRX, EXPE, INTC, QRTEA, SHPG, CHTR, COST, MELI, TMUS,
AAL, ADI, BKNG, FOXA, INCY, LRCX, MDLZ, NTES, SIRI, STX, ULTA, MNST, NXPI,
PYPL, SYMC, CSCO, FAST, HAS, HOLX, KLAC, MCHP, MYL, VRSK, WDAY,
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 27
ADBE, ADP, ADSK, ALXN, AMAT, ASML,
AVGO, BIIB, BMRN, CHKP, CSX, CTXS, FISV, HSIC, ILMN, INTU, ISRG, JD, LBTYA,
MSFT, MXIM, ORLY, PAYX, SNPS, VRTX, WYNN, XRAY
Moving Below 30 DMA = 0
No comments:
Post a Comment