Short-term 3-day Trend Turns Up, CSCO leads DJI, SPX & NDX Higher on Positve EPS...AMAT, NVDA Gain After-hours...

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The DJIA, closed up 214 points at 25,862, led by strength in BA, CSCO, MSFT, GS and V.  Closing below 26,000 for the eighth day after trading above 26,000 for the previous twenty-five trading days. 

All eleven sectors were higher on Thursday, led by materials XLB +1.40% and financial XLF +1.01%.

SPY up 2.64 at 287.70 on 76.6 million shares, 7% above average volume. Up on higher volume.

VIX down 1.15 at 15.29

Oil up 1.01 at 63.14

TLT down .42 at 125.71 on 7.6 million shares. 

CSCO +6.66%, BA +2.36%, led the DJIA, 23 advancers, +0

LIN +3.75%, MTD +3.59% and NOC +3.47%, led the SPX.

NTES +6.51%, MELI +3.98%, WDAY +3.42% and BMRN +2.88% led the NDX.

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

Up: QQQ, SPY, DIA, IWM,

Down:

Breadth strengthened slightly on Thursday, as advancers led 2,006 to 881 on the NYSE and led 1,818 to 1,240 on the NASDAQ

The SPY MFC green line turned up at 34.40 and is 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: Up

78 of 100 NDX stocks closed higher on Thursday.

52 NDX stocks are above their 30 DMA:  CDNS, MDLZ, PAYX, VRSK, CHKP, CMCSA, PEP, SBUX, NTES, ALGN, ILMN, CELG, CERN, HSIC, CTAS, WYNN, CHTR, TMUS, HAS, QCOM, INTU, IDXX, MNST, XRAY, TTWO, INCY, MELI, JD, MSFT, PYPL, VRSN, WDAY, ADBE, ADSK, BMRN, CELG, COST, EA, FB, SNPS, ADP, AMD, AMZN, ASML, ATVI, CSCO, CSX, GILD, FISV, LULU, NTES, PCAR,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 12

ADP, AMD, AMZN, ASML, ATVI, CSCO, CSX, FISV, GILD, LULU, NTES, PCAR, 

Moving Below 30 DMA = 1

NXPI,

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