SPX, DJI, NDX, SPY, DIA, QQQ Inch Higher to New All-time Closing High...C Reports EPS...

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The DJIA, closed up 27 points at 27,359, led by strength in AAPL, TRV, CAT, MRK and DOW.  Closing above 27,000 for the third time. 

Eight of eleven sectors were higher on Monday, led by utilities XLU +0.40% and technology XLK +0.33%. 

SPY up .10 at 300.75 on 33.9 million shares, 44% below average volume.  Today was the lowest volume trading day in 2019, a pause at the start of earnings season along with summer’s lower average trading volume.  Up on lower volume.

VIX up .29 at 12.68

Oil down 1.08 at 59.31

TLT up .75 at 130.97 on 6.0 million shares.

DOW +2.45%, MRK +1.54%, led the DJIA, 22 advancers, -4

AA +2.52%, RCL +2.46% and NLSN +2.41%, led the SPX.

AMD +3.55%, TSLA +3.44%, WYNN +2.90% and GILD +2.73% led the NDX.

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

Up: QQQ, DIA, SPY,

Down: IWM,

Breadth weakened on Monday, as decliners led 1,455 to 1,388 on the NYSE and led 1,555 to 1,492 on the NASDAQ

The SPY MFC green line is pointed up in the upper zone at 97 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

63 of 100 NDX stocks closed higher on Monday.

87 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, 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, CHKP, FOXA, VRSK, ADSK, CMCSA, GOOGL, WDAY, CSCO, ORLY, ULTA, BIDU, LRCX, ADP, HSIC, TMUS, CSX, JBHT, NXPI, PAYX, BIIB, BMRN, GILD, XRAY,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 3

BIIB, BMRN, GILD, XRAY,

Moving Below 30 DMA = 3

LBTYA, NTAP, NTES,

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