NDX Leads on Rally on Strength in MSFT, AAPL, FB, NFLX...GOOGL Beats after-hours and Falls...

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SPY, DIA, QQQ and IWM moved higher on Monday and closed at recent highs above last week’s breakout.  Each is moving closer to its Dec 3 high and an intermediate term breakout setup:

• More than 80 SPX companies report earnings this week,
• NDX +84.88 as MSFT, AAPL, FB, NFLX contribute 50 NDX points,
• CLX +5.69% led the SPX on a positive EPS reaction,
• XLRE makes all-time high and is the first sector to breakout into a new uptrend,
• GOOGL -3.09%, -35.24 fell after-hours, beating on EPS and revenue. 

The DJIA, closed up 175 points at 25,239, led by strength in BA, AAPL, MSFT, HD and CVX. 

Nine of eleven sectors were higher on Monday, led by technology XLK +1.60% and industrials XLI +1.29%.

SPY up 1.90 at 271.96 on 60.6 million shares, 48% below average volume. Up on lower volume.

VIX down .41 at 15.73 

Oil down .53 at 54.84

TLT down .54 at 120.42 on 8.9 million shares. 

MSFT +2.88%, AAPL +2.84%, led the DJIA, 21 advancers, +4

CLX +5.69%, RTN +5.24% and SYY +4.83%, led the SPX.

LBTYA +4.49%, NFLX +4.10%, NVDA +3.07%, and INTU +3.01% led the NDX.

Long term up trend intact.  3-day short term trend is up.

Up: QQQ, SPY, DIA, IWM,

Down:

Breadth strengthened on Monday, as advancers led 1,949 to 918 on the NYSE and led 2,139 to 905 on the NASDAQ

The SPY MFC green line is in the upper zone pointed up at 96 and is short-term bullish.

Uptrend sectors: XLRE,

Neutral sectors:  XLU, XLC, XLY, XLV, XLI, XLB, XLK, XLF, XLP, XLE,

Down trend sectors:

The 6-month intermediate trend is down.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Sideways

3-day Short Term Market Trend: Up

71 of 100 NDX stocks closed higher on Monday.

95 NDX stocks are above their 30 DMA:  DLTR, REGN, WDAY, XRAY, ROST, LULU, CELG, INCY, NFLX, AMZN, BIIB, CDNS, CTRP, EA, EBAY, FB, GILD, PCAR, PYPL, TMUS, VRTX, WYNN, XLNX, CTAS, MELI, TXN, ULTA, VRSN, ADBE, ADSK, BMRN, HAS, INTU, MCHP, ADI, AMAT, AVGO, ISRG, KLAC, LRCX, NXPI, SNPS, FAST, JBHT, MDLZ, MNST, PAYX, SWKS, WLTW, CSX, ALXN, CTSH, EXPE, GOOGL, IDXX, KHC, MXIM, NTAP, VRSK, ALGN, ADP, CHKP, COST, CSCO, FISV, MU, SBUX, ASML, FOXA, LBTYA, BKNG, CERN, CMCSA, JD, MAR, AAL, SYMC, UAL, WDC, BIDU, MYL, WBA, AAPL, AMD, NTES, ORLY, PEP, CHTR, NVDA, TTWO, INTC, SIRI, CTXS, HSIC, MSFT,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 3

CTXS, HSIC, MSFT,  

Moving Below 30 DMA = 0

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