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The DJIA, closed down 132 points at 25,828, led by weakness in BA, MMM, INTC, AAPL and DIS.
Closing below 26,000 for the third day after trading above for
the previous twenty-five trading days.
One of eleven sectors was higher and one unchanged on Thursday, led by real estate XLRE +0.30%.
SPY down .87 at 286.66 on 103.4 million shares, 56% above average volume. Down on higher volume.
VIX down .30 at 19.10
CVX +3.14%, GS +0.34%, led the DJIA, 8 advancers, -7
Long term up
trend intact. 3-day short term trend is down.
Up:
Down: SPY,
IWM, DIA, QQQ,
Breadth weakened
on Thursday, as decliners led 1,631 to 1,207 on the NYSE and
led 1,807 to 1,213 on the NASDAQ
The SPY
MFC green line is pointed down at 69 and is short-term
defensive in an intermediate-term up trend.
Uptrend sectors: XLRE, XLU, XLP, XLY, XLK, XLI, XLC, XLF,
Neutral sectors:
XLB, XLE, XLV,
Down trend sectors:
The 6-month intermediate
trend is sideways. The ten-day trend is down.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Down
42 of 100 NDX stocks closed higher on Thursday.
46
NDX stocks are above their 30
DMA: CDNS, PYPL,
VRSN, SNPS, MDLZ, PAYX, CSX, VRSK, CHKP, CMCSA, PEP, MSFT, AMZN, SBUX, NTES,
ALGN, ADBE, ILMN, LULU, MAR, CELG, CERN, FB, HSIC, LRCX, ADSK, CTAS, NXPI,
WYNN, AAL, CHTR, TMUS, HAS, QCOM, INTU, IDXX, MNST, WDAY, EBAY, XRAY,
TTWO, GILD, INCY, MELI,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
COST, FOXA,
Moving Below 30 DMA = 3
AAPL, ASML, ILMN,
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