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The DJIA, closed up 14 points at 26,949 led by strength in MCD, HD, AXP, NKE and AAPL. Closing below 27,000 for the second straight day.
SPY down 0.07 at 298.21 ex-dividend on last Friday, on 47.4 million shares, 32% below
average volume. Down on lower
volume.
VIX down .41 at 14.91
Oil up .10 at 58.49
TLT down 0.03 at 141.86 on 15.3 million shares.
GLD up .80 at 143.75
AXP +1.23%, NKE +1.01%, led the DJIA, 18 advancers, +8
AAP +3.55%, CTL +3.19% and EQIX
+2.69% led the SPX.
ULTA +3.74%, LULU +3.11%, XRAY +2.25% and ROST +2.18% led the NDX.
ULTA +3.74%, LULU +3.11%, XRAY +2.25% and ROST +2.18% led the NDX.
Long term up
trend intact. 3-day short term trend is sideways.
Up: DIA,
Down: SPY, IWM,
QQQ,
Breadth was
similar on Monday, as advancers led 1,614 to 1,304 on the NYSE and
decliners led 1,723 to 1,361 on the NASDAQ
The SPY
MFC green line is in the upper zone and turned down at 89.7 and is counter-trend
defensive as 8-day trend is sideways. If SPY price moves up on Tuesday, watch
for green line to turn up.
Uptrend sectors: XLU, XLRE, XLP, XLY, XLK, XLC, XLI, XLF, XLB,
Neutral sectors:
XLV, 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
48 of 100 NDX stocks
closed higher on Monday.
64 NDX stocks are above their 30 DMA: SBUX, CELG, KLAC,
NTES, SYMC, PEP, EA, ATVI, BKNG, CHTR, COST, JBHT, CMCSA, QCOM, AAPL,
MYL, SIRI, ASML, LRCX, MU, NVDA, WDC, DLTR, AMAT, AVGO, CSX, CTXS, INTC, NXPI,
TXN, AAL, ADI, EXPE, FAST, FB, GOOGL, LULU, MCHP, MXIM, NTAP, SWKS, TSLA, WBA, ADSK,
GILD, TMUS, UAL, HAS, HSIC, KHC, BIIB, CSCO, ILMN, ISRG, EBAY, WLTW, MNST, MSFT,
ORLY, PAYX, SNPS, ALGN, REGN, ROST,
XRAY,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 2
ROST, XRAY,
Moving Below 30 DMA = 7
BIDU, BMRN, CHKP, INCY, JD, TTWO,
VRSK,
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