© 2019
The DJIA, closed up 382 points at 26,279, led by strength in AAPL, UNH,
MSFT, MMM and GS. Closing below 27,000 for the eleventh straight day.
All eleven sectors were higher on Tuesday, led by technology XLK 2.50% and
discretionary XLY 1.65%.
SPY up 4.48 at 292.55 on 94.7
million shares, 35% above
average volume. Up on higher volume.
VIX down 3.57 at 17.52
Oil up 1.95 at 56.73
TLT down .49 at 142.48 on 16.1 million shares.
AAPL +4.23%, INTC +2.72%, led the DJIA, 28 advancers, +27
BBY +6.47%, LRCX +4.78% and WRK +4.30%, led the SPX.
JD +12.89%, NTES +10.93%, SYMC +6.69% and MU +4.84% led the NDX.
Long term up
trend intact. 3-day short term trend is sideways.
Up: QQQ, SPY, DIA, IWM,
Down:
Breadth strengthened
on Tuesday, as advancers led 2,134 to 822 on the NYSE and led 2,115 to 961 on the NASDAQ
The SPY
MFC green line is pointed up at 44 and is short-term
bullish.
Uptrend sectors: XLRE, XLU, XLP, XLY, XLK, XLB,
Neutral sectors:
XLC, XLV, XLF, XLI,
Down trend sectors: XLE,
The 6-month intermediate
trend is up. The ten-day trend is down.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Sideways
93 of 100 NDX stocks
closed higher on Tuesday.
39 NDX stocks are above their 30 DMA: CTAS, HAS, SBUX, FISV, WDC, GOOGL, JBHT, AMGN,
CELG, KLAC, TTWO, TXN, VRSK, ADP, BKNG, VRTX, INCY, AAPL, AMAT, ASML, ATVI, COST, EA, EBAY, IDXX, INTU, JD, LRCX,
MDLZ, MELI, MSFT, MU, MYL, NTES, NXPI, REGN, ROST, SIRI, SYMC,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 22
AAPL, AMAT, ASML, ATVI, COST, EA, EBAY,
IDXX, INTU, JD, LRCX, MDLZ, MELI, MSFT, MU, MYL, NTES, NXPI, REGN, ROST, SIRI,
SYMC,
Moving Below 30 DMA = 1
AMD,
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