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The DJIA, closed up 76 points at 26,860, led by strength in CVX, AAPL, DIS, V and UNH. Closing above 26,000 above for the twenty-second straight
day.
Eight of eleven sectors were higher on Wednesday, led by energy XLE +1.28% and communication
services XLC +1.13%.
SPY up 1.42 at 298.61 on 58.6 million shares, 10% below average volume. Up on higher volume.
VIX down 1.06 at 13.03
Oil up 1.93 at 60.27
TLT down .73 at 131.83 on 9.4 million shares.
CVX +1.69%, PFE +1.59%, led the DJIA, 19 advancers, +6
DVA +4.00%, NBL +3.77% and MU +3.75%, led the SPX.
WDC +4.97%, TMUS +4.63%, ALGN +4.08% and TSLA +3.85% led the NDX.
Long term up
trend intact. 3-day short term trend is sideways.
Up: QQQ, SPY,
DIA, IWM,
Down:
Breadth strengthened
on Wednesday, as advancers led 1,789 to 1,075 on the NYSE and led 1,704 to 1,366 on the NASDAQ
The SPY
MFC green line is in the upper zone at 96 and is short-term
bullish.
Uptrend sectors: XLP, XLY, XLK, XLC, XLRE, XLU, XLV,
XLF, XLI, XLB,
Neutral sectors:
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: Sideways
75 of 100 NDX stocks closed higher on Wednesday.
91 NDX stocks are above their 30
DMA: PEP, CERN, CTAS, CHTR, IDXX, XRAY, TTWO, MELI,
MDLZ, WLTW, AMGN, COST, HAS, ILMN, SBUX, VRSN, EXPE, FISV, INTU, PCAR, PYPL,
SNPS, LBTYA, MSFT, MXIM, ROST, BKNG, CTSH, EBAY, GILD, ISRG, MAR, AAPL,
ADI, AMZN, CDNS, DLTR, INTC, WBA, CTXS, UAL, AAL, ATVI, LULU, SIRI, FB, TSLA,
VRTX, ADBE, INCY, SYMC, AMAT, ASML, AVGO, JD, KLAC, MCHP, NFLX, NVDA, NXPI,
SWKS, TXN, WYNN, XLNX, ALXN, KHC, MNST, QCOM, WDC, MYL, AMD, CTRP, MU, ADP,
CHKP, FOXA, VRSK, ADSK, CMCSA, GOOGL, WDAY, CSCO, ORLY, ULTA, BIDU,
BIIB, LRCX, ADP, BMRN, HSIC, NTES, TMUS,
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 5
ADP, BMRN, HSIC, NTES, TMUS,
Moving Below 30 DMA = 1
JBHT,
1 comment:
Thank you
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