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The DJIA, closed down 84 points at 25,679, led by weakness in AAPL, MMM, BA, MSFT and NKE.
Closing below 26,000 for the tenth day after trading above 26,000
for the previous twenty-five trading days.
Three of eleven sectors were higher on Monday, led by utilities XLU +0.14% and financial XLF +0.11%.
SPY down 1.89 at 283.95 on 62.6 million shares, 14%
below average volume. Down on lower volume.
VIX up .35 at 16.31
Oil up .43 at 63.30
TLT down .26 at 125.73 on 4.7 million shares.
UNH +1.91%, VZ +1.58%, led the DJIA, 11 advancers, +1
FTI +2.87%, NOC +2.57% and DRI
+2.54%, led the SPX.
TMUS +3.87%, ULTA +1.59%, CERN +1.56% and JBHT +1.52% led the NDX.
Long term up trend
intact. 3-day short term trend is down.
Up:
Down: DIA,
SPY, IWM, QQQ,
Breadth strengthened
slightly on Monday, as decliners led 1,895 to 941 on the NYSE and
led 1,954 to 1,101 on the NASDAQ
The SPY
MFC green line turned up at 35 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
16 of 100 NDX stocks closed higher on Monday.
40 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,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 3
BIIB, LULU, ULTA,
Moving Below 30 DMA = 7
ADBE, ADSK, CDNS, EA, FB, QCOM,
SNPS,
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