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The DJIA, closed up 95 points at 25,585, led by strength in BA, HD,
UNH, V and AXP. Closing below 26,000 for the fourteenth day after trading above
26,000 for the previous twenty-five trading days.
Eight of eleven sectors were higher on Friday, led by financial XLF +0.79% and materials XLB +0.56%.
SPY up .64 at 282.78 on 55.2 million
shares, 25% below average
volume. Up on lower volume.
VIX down 1.07 at 15.85
BA +1.24%, JPM +0.98%, led the DJIA, 24 advancers, +18
Long term up
trend intact. 3-day short term trend is down.
Up: IWM,
DIA, SPY,
Down: QQQ,
Breadth strengthened
on Friday, as advancers led 1,940 to 924 on the NYSE and
led 1,939 to 1,059 on the NASDAQ
The SPY
MFC green line is pointed down at 28 and is short-term bearish.
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
48 of 100 NDX stocks closed higher on Friday.
35 NDX stocks are above their 30
DMA: MDLZ, PAYX, VRSK, CHKP, PEP, SBUX, NTES, ILMN, CELG,
CERN, HSIC, CTAS, WYNN, CHTR, TMUS, HAS, INTU, IDXX, MNST, XRAY,
TTWO, INCY, MELI, MSFT, VRSN, WDAY, BMRN, CELG, COST, GILD, FISV,
INCY, VRTX, ADP, INTU,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 2
ADP, INTU,
Moving Below 30 DMA = 1
CMCSA,
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