© 2019
The
DJI joined the SPX and NDX as all three broad market ETFs made
new all-time closing highs on Monday.
AAPL,
AMD, AMGN, ASML, CHTR, CTXS, FAST, INTC, JBHT, JD, KLAC, NTES, NVDA, NXPI,
PCAR, SIRI and SWKS all NDX components made six-month
highs on Monday.
The DJIA, closed up 114 points at 27,462 led by strength in BA, CVXN, MMM, GS and CAT. Closing above 27,000 for the sixth day in a row.
Seven of eleven sectors were higher on Monday, led by XLE, XLI and XLF.
SPY up 1.23 at 307.37 on 60.6 million shares, average volume. Up on lower volume.
VIX up .53 at 12.83
Oil up .29 at 56.52
TLT down 1.85 at 138.71 on 11.4 million shares
GLD down .41 at 142.15
CVX, WBA, DOW led the DJIA, 18 advancers, -1
SWN, XEC, PXD led the SPX, 303 advancers
NTES, JD, BIDU, XLNX led the NDX, 62 advancers
Long term up
trend intact. 3-day short term trend is up.
Up: QQQ, IWM,
DIA, SPY,
Down:
Breadth weakened
moderately on Monday as advancers led 1,796 to 1,130 on the NYSE and
led 1,894 to 1,229 on the NASDAQ
The SPX
MFC green line is above 80 at 96 and is short-term
bullish.
Uptrend sectors: XLK, XLF, XLV, XLI, XLB,
Neutral sectors:
XLC, XLY, XLRE, XLP, XLU, 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
62 of 100 NDX stocks
closed higher on Monday.
80 NDX stocks are above their 30 DMA: KLAC, AAPL, ASML, CTXS, CTAS, ALGN, CELG,
CHTR, NVDA, XRAY, COST, SWKS, TSLA, INTC, ISRG, ORLY, PAYX, AMGN, FAST,
GOOGL, NTES, PCAR, SIRI, WYNN, AAL, AMD, INCY, VRTX, BKNG, ISRG, JBHT, JD,
NTAP, QCOM, TMUS, UAL, WBA, FOXA, CSX, BIIB, KHC, ALXN, FB, MAR, ADP, AMAT,
AMZN, AVGO, BMRN, LRCX, MCHP, MSFT, MU, PYPL, NFLX, VRSN, CHKP, CTRP, MXIM,
NXPI, FISV, HSIC, MYL, ADBE, ADSK, ATVI, IDXX, CTSH, LBTYA, BIDU, CERN, GILD,
ROST, SYMC, ADI, CDNS, CSCO, EA, ILMN, XLNX,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 6
ADI, CDNS, CSCO, EA, ILMN, XLNX,
Moving Below 30 DMA = 4
EXPE, LULU, PEP, WLTW,
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