© 2019
Today's SPX Path to Rise 4.94 Points...
Today's SPX Path to Rise 4.94 Points...
Setups
HBO = WDC, NXPI, TWLO, Bull Flag = PAYX
(click
image to enlarge)
The DJIA, closed up 63 points at 25,954, led by strength in BA, CAT, DWDP, MCD and AAPL.
Seven of eleven sectors were higher on Wednesday, led by materials XLB +1.71% and industrials XLI +0.48%.
SPY up .56 at 278.41 on 76.6 million
shares, 8% below average volume. Up on higher volume.
VIX down .86 at 14.02
Oil up .81 at 57.24
TLT down .35 at 121.94 on 4.4 million shares.
CAT +3.32%, DWDP +3.02%, led the DJIA, 18 advancers, +4
GRMN +17.04%, DVN +6.92% and HST +6.26%, led the SPX.
CDNS +4.62%, KLAC +4.26%, MAR +4.05%, and ADI +2.49% led the NDX.
Long term up trend intact. 3-day short term trend is up.
Up: IWM, DIA, SPY,
Down: QQQ,
Breadth weakened
slightly on Wednesday, as advancers led 1,775 to 1,123 on the NYSE and led 1,674 to 1,415 on the NASDAQ
The SPY
MFC green line is in the upper zone at 97 and is short-term
bullish.
Uptrend sectors: XLRE, XLC, XLI, XLU,
Neutral sectors:
XLK, XLY, XLV, XLP, XLB, XLF, 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
54 of 100 NDX stocks closed higher on Wednesday.
90
NDX stocks are above their 30
DMA: DLTR, REGN, WDAY, XRAY, ROST, LULU,
CELG, INCY, NFLX, CDNS, CTRP, EBAY, FB, PCAR, PYPL, TMUS, WYNN, XLNX, CTAS,
MELI, TXN, ULTA, VRSN, ADBE, ADSK, 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, CSCO, FISV, MU,
SBUX, ASML, FOXA, LBTYA, BKNG, CERN, CMCSA, JD, MAR, AAL, SYMC, UAL, WDC, BIDU,
MYL, AAPL, AMD, ORLY, PEP, CHTR, NVDA, INTC, CTXS, MSFT, EA, COST, HSIC, VRTX,
WBA, BIIB, ILMN, SIRI,
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 0
Moving Below 30 DMA = 0
No comments:
Post a Comment