Stocks Rally Day 3, SPX Up 98 Points from Monday's Close...

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The DJIA, closed up 181 points at 25,720, led by strength in CVX, MCD, AAPL, JNJ and MSFT.  Closing above 25,000 above for the third day after closing below for two days. 

All eleven sectors were higher on Thursday, led by energy XLE +1.85% and materials XLB +1.19%. 

SPY up 2.43 at 282.96 on 71.1 million shares, 13% below average volume. Up on lower volume.

VIX down .16 at 15.93

Oil up 1.49 at 53.18

TLT up .42 at 130.61 on 9.2 million shares. 

CVX +2.58%, XOM +1.82%, led the DJIA, 25 advancers, +2

IFF +5.22%, FTI +4.10% and SHW +3.73%, led the SPX.

AMD +7.86%, TSLA +4.76%, NTES +2.80% and AVGO +2.66% led the NDX.

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

Up: QQQ, DIA, SPY,

Down: IWM,

Breadth strengthened on Thursday, as advancers led 1,652 to 1,206 on the NYSE and decliners led 1,770 to 1,245 on the NASDAQ

The SPY MFC green line is turned up at 27 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 sideways.

3-month Intermediate Term Market Trend: Sideways

3-day Short Term Market Trend: Up

70 of 100 NDX stocks closed higher on Thursday.

41 NDX stocks are above their 30 DMA:  PAYX, PEP, CERN, CTAS, CHTR, IDXX, MNST, XRAY, TTWO, MELI, INCY, ORLY, AMD, MDLZ, WLTW, AMGN, CELG, COST, EA, HAS, HSIC, ILMN, SBUX, TMUS, VRSK, VRSN, ADP, CSCO, CSX, EXPE, FISV, INTU, PCAR, PYPL, SNPS, AMAT, LBTYA, MSFT, MXIM, ROST, WDAY,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 6

AMAT, LBTYA, MSFT, MXIM, ROST, WDAY,

Moving Below 30 DMA = 2

LULU, VRTX,

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