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The DJIA, closed up 197 points at 25,877, led by strength in BA, UNH,
AAPL, UTX and CAT. Closing below 26,000 for the eleventh day after trading above
26,000 for the previous twenty-five trading days.
Ten of eleven sectors were higher on Tuesday, led by materials XLB +1.54% and technology XLK +1.23%.
SPY up 2.56 at 286.51 on 46.8 million
shares, 35% below average
volume. Up on lower volume.
VIX down 1.36 at 14.95
Oil down .33 at 62.97
TLT down .20 at 125.53 on 4.0 million shares.
DWDP +3.09%, INTC +2.07%, led the DJIA, 25 advancers, +14
AZO +5.57%, DISH +5.29% and ANTM
+4.04%, led the SPX.
CTRP +5.13%, XLNX +4.63%, NXPI +4.41% and WDC +3.58% led the NDX.
Long term up
trend intact. 3-day short term trend is down.
Up: IWM,
QQQ, SPY, DIA,
Down:
Breadth strengthened
on Tuesday, as advancers led 2,299 to 578 on the NYSE and led 2,112 to 944 on the NASDAQ
The SPY
MFC green line is pointed up at 39 and is short-term
bullish.
Uptrend sectors: XLP, XLRE, XLU, XLY, XLK, XLI, XLC,
Neutral sectors:
XLF, XLB, XLE, XLV,
Down trend sectors:
The 6-month intermediate
trend is up. The ten-day trend is down.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Down
89 of 100 NDX stocks closed higher on Tuesday.
49 NDX stocks are above their 30
DMA: MDLZ, PAYX, VRSK, CHKP, CMCSA, PEP, SBUX, NTES,
ALGN, ILMN, CELG, CERN, HSIC, CTAS, WYNN, CHTR, TMUS, HAS, INTU,
IDXX, MNST, XRAY, TTWO, INCY, MELI, MSFT, PYPL, VRSN, WDAY, BMRN,
CELG, COST, ADP, CSCO, CSX, GILD, FISV, BIIB, LULU, ULTA, ADBE, ADSK, EA,
FOXA, INCY, PCAR, ROST, SBUX, WLTW,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 9
ADBE, ADSK, EA, FOXA, INCY, PCAR,
ROST, SBUX, WLTW,
Moving Below 30 DMA = 0
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