Thursday, February 21, 2019

Stocks Pause After 3-day Rally...ROKU Up After-hours...


© 2019


The DJIA, closed down 103 points at 25,850led by weakness in BA, UNH, GS, UTX and CAT. 

Four of eleven sectors were higher on Thursday, led by utilities XLU +0.73% and staples XLP +0.29%.

SPY down .99 at 277.42 on 64.2 million shares, 21% below average volume. Down on lower volume.
VIX up .44 at 14.46
Oil down .40 at 56.84
TLT down 1.09 at 120.85 on 7.3 million shares. 

MSFT +2.11%, KO +1.69%, led the DJIA, 9 advancers, -9
DLPH +19.12%, ALB +7.79% and PCG +6.53%, led the SPX.
CMCSA +1.80%, VRSK +1.38%, CHKP +0.99%, and TMUS +0.91% led the NDX.

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

Up:
Down: SPY, QQQ, DIA, IWM

Breadth weakened on Thursday, as decliners led 1,746 to 1,105 on the NYSE and led 1,734 to 1,257 on the NASDAQ

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

Uptrend sectorsXLRE, 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 TrendSideways


30 of 100 NDX stocks closed higher on Thursday.

86 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, MSFT, EA, COST, HSIC, ILMN, SIRI,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 0


Moving Below 30 DMA = 4
BIIB, CTXS, VRTX, WBA,

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