SPX 3,000...DJIA, SPX, NDX, DIA, SPY, QQQ All-time Record Closing Highs...

© 2019

SPY, QQQ, DIA form an all-time new high in Week 29 of the current intermediate term up-trend…

                  (click image to enlarge)

New all-time closing highs:

SPX = 3,013

DJI = 27,332

NDX = 7,943

SPY = 300.65

DIA = 273.39

QQQ = 193.53

The DJIA, closed up 243 points at 27,332, led by strength in BA, UNH, CAT, MMM and HD.  Closing above 27,000 for the second time. 

Eight of eleven sectors were higher on Friday, led by industrials XLI +1.75% and discretionary XLY +1.15%. 

SPY up 1.34 at 300.65 on 40.3 million shares, 36% below average volume.  Up on lower volume.

VIX down .54 at 12.39

Oil down .04 at 60.39

TLT up .15 at 130.22 on 6.9 million shares

DOW +4.04%, CAT +3.28%, led the DJIA, 26 advancers, +4

CTVA +4.43%, LB +4.04% and FOSL +3.99%, led the SPX.

JBHT +5.90%, LULU +3.52%, LRCX +3.43% and AVGO +3.38% led the NDX.

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

Up: DIA, IWM, QQQ, SPY,

Down:

Breadth strengthened on Friday, as advancers led 1,888 to 971 on the NYSE and led 1,777 to 1,277 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: Up

75 of 100 NDX stocks closed higher on Friday.

86 NDX stocks are above their 30 DMA:  PEP, CERN, CTAS, CHTR, IDXX, TTWO, MELI, MDLZ, WLTW, COST, HAS, SBUX, VRSN, EXPE, FISV, INTU, PCAR, PYPL, SNPS, LBTYA, MSFT, MXIM, ROST, BKNG, CTSH, EBAY, ISRG, MAR, AAPL, ADI, AMZN, CDNS, DLTR, INTC, WBA, CTXS, UAL, AAL, ATVI, LULU, SIRI, FB, TSLA, ADBE, SYMC, AMAT, ASML, AVGO, JD, KLAC, MCHP, NFLX, NVDA, SWKS, TXN, WYNN, XLNX, KHC, MNST, QCOM, WDC, MYL, AMD, CTRP, MU, ADP, CHKP, FOXA, VRSK, ADSK, CMCSA, GOOGL, WDAY, CSCO, ORLY, ULTA, BIDU, LRCX, ADP, HSIC, NTES, TMUS, CSX, JBHT, NTAP, NXPI, PAYX,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 5

CSX, JBHT, NTAP, NXPI, PAYX,

Moving Below 30 DMA = 2

ILMN, VRTX,

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