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The DJIA, closed down 43 points at 26,004, led by weakness in GS, BA, JPM, UNH and CSCO.
Closing above 26,000 above for the third straight day.
Six of eleven sectors were higher on Wednesday, led by utilities XLU +0.42% and healthcare XLV +0.48%.
SPY down .51 at 288.39 on 47.0 million shares, 41%
below average volume. Down on lower volume.
VIX down .08 at 15.91
Oil down 1.97 at 51.08
TLT up .10 at 130.68 on 5.2 million shares.
JNJ +1.36%, PFE +0.96%, led the DJIA, 15 advancers, -3
MAT +5.27%, LLY +2.70% and EXC
+2.52%, led the SPX.
ALXN +3.00%, FOXA +2.55%, EBAY +2.07% and SYMC +1.80% led the NDX.
Long term up
trend intact. 3-day short term trend is up a little.
Up: IWM,
Down: DIA,
SPY, QQQ,
Breadth weakened
slightly on Wednesday, as decliners led 1,532 to 1,326 on the NYSE and
led 1,559 to 1,490 on the NASDAQ
The SPY
MFC green line is turned up at 67 and is short-term bullish.
Uptrend sectors: XLP, XLRE, XLU, XLY, XLK, XLB, XLI, XLC,
Neutral sectors:
XLF, XLV, XLE,
Down trend sectors:
The 6-month intermediate
trend is up. The ten-day trend is up.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up a little
42 of 100 NDX stocks closed higher on Wednesday.
61 NDX stocks are above their 30 DMA: PAYX, PEP, CERN, CTAS, CHTR,
IDXX, MNST, XRAY, TTWO, MELI, ORLY, AMD, MDLZ, WLTW, AMGN, CELG,
COST, HAS, HSIC, ILMN, SBUX, TMUS, VRSK, VRSN, ADP, CSCO, CSX, EXPE, FISV,
INTU, PCAR, PYPL, SNPS, AMAT, LBTYA, MSFT, MXIM, ROST, WDAY, BKNG, CTSH, EBAY,
GILD, ISRG, MAR, TXN, VRTX, AAPL, ADI, AMZN, ASML, BIIB, CDNS, DLTR, INTC,
NTES, WBA, ULTA, ADBE, CTXS, UAL,
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 3
ADBE, CTXS, UAL,
Moving Below 30 DMA = 7
ATVI, EA, JD, KLAC, LRCX, TSLA,
XLNX,
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