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The DJIA, closed down 79 points at 26,179, led by weakness in WBA, HD, UTX, JNJ and TRV. Second
close above 26,000 since March 1.
Five of eleven sectors were higher on Tuesday, led by real estate XLRE +0.86% and communication
services XLC +0.53%.
SPY up .14 at 285.97 on 40.0 million shares, 47% below average volume. Up on lower volume.
VIX down .04 at 13.36
Oil up .82 at 62.59
TLT up .23 at 124.60 on 9.7 million shares.
AAPL +1.45%, CSCO +0.56%, led the DJIA, 9 advancers, -15
DAL +6.04%, MAT +2.98% and ABBV
+2.83%, led the SPX.
WYNN +4.40%, FB +3.26%, ALXN +2.66%, and ALGN +2.41%, led the NDX.
Long term up
trend intact. 3-day short term trend is up.
Up: QQQ, SPY,
Down: IWM, DIA,
Breadth weakened
on Tuesday, as decliners led 1,562 to 1,294 on the NYSE
and advancers led 1,560 to 1,492 on the NASDAQ
The SPY
MFC green line is pointed up at 81 and is bullish.
Uptrend sectors: XLRE, XLU, XLP, XLY, XLK, XLI, XLC,
XLB,
Neutral sectors:
XLV, XLF, XLE,
Down trend sectors:
The 6-month intermediate
trend is sideways. The ten-day trend is up.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
58 of 100 NDX stocks closed higher on Tuesday.
86
NDX stocks are above their 30
DMA: CDNS, CTRP, PYPL, XLNX, MELI, ULTA,
VRSN, INTU, KLAC, SNPS, MDLZ, PAYX, WLTW, CSX, ALXN, GOOGL, VRSK, ADP, CHKP,
CSCO, FOXA, CMCSA, JD, AAPL, PEP, INTC, MSFT, COST, QCOM, XRAY, DLTR, ISRG,
AMZN, INCY, NVDA, SYMC, NTAP, SBUX, ATVI, IDXX, NTES, TTWO, ALGN, AVGO, ORLY,
AMD, EBAY, WDAY, EA, FISV, ADBE, ALXN, FAST, ILMN, LULU, MAR, PCAR, AMAT, AMGN,
ASML, CELG, CERN, CTSH, FB, GILD, HSIC, LRCX, MU, ROST, SWKS, ADI, ADSK, BIDU,
CTAS, MCHP, MXIM, NFLX, NXPI, TSLA, TXN, VRTX, WDC, WYNN, AAL, BMRN, REGN,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 3
AAL, BMRN, REGN,
Moving Below 30 DMA = 0
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