© 2019
The SPX and NDX broke
through horizontal resistance and closed at new all-time highs.
Eight of eleven sectors were higher on Thursday, led by XLF, XLE and XLB.
SPY up 2.71 at 317.13 on 96.5 million shares, above average volume. Up on higher volume.
VIX down 1.05 at 13.94
Oil down .02 at 58.33
TLT down 2.30 at 137.45 on 14.8 million shares
GLD up .08 at 139.00
GS, XOM, CAT led the DJIA, 27 advancers, +13
LB, SWN, FOSL led the SPX, 380 advancers
WYNN, AMD, WDC, MYL led the NDX, 81
advancers
Long term up
trend intact. 3-day short term trend is up.
Up: SPY, IWM,
DIA, QQQ,
Down:
Breadth strengthened
on Thursday as advancers led 1,887 to 1,096 on the NYSE and
led 2,011 to 1,198 on the NASDAQ
The SPX
MFC green line is above 80 and pointed up at 90 and is short-term
bullish.
Uptrend sectors: XLK, XLV, XLC, XLP, XLF, XLI, XLB,
Neutral sectors:
XLY, XLE, XLU, XLRE,
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
81 of 100 NDX stocks
closed higher on Thursday.
79 NDX stocks are above their 30 DMA: AAPL, ALGN, SWKS, ISRG,
AMGN, REGN, FAST, NTES, PCAR, SIRI, AMD, INCY, VRTX, ISRG, WBA, FOXA, MAR,
AVGO, BMRN, MSFT, HSIC, ADBE, ADSK, EA, FISV, LULU, MNST, WLTW, MELI,
CERN, ILMN, GILD, ROST, SBUX, HAS, MDLZ, MYL, PEP, VRSK, KHC, GOOGL,
ADI, ASML, MCHP, NTAP, NXPI, TXN, XEL, ATVI, JD, NVDA, TSLA, ULTA, VRSN, KHC,
EXPE, MU, ORLY, TTWO, AMAT, BIDU, BKNG, CSX, FAST, LRCX, MXIM, PYPL, QCOM, WDC,
XLNX, ALXN, BIIB, CTAS, EBAY, KLAC, PAYX, TCOM, WYNN,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 8
ALXN,
BIIB, CTAS, EBAY, KLAC, PAYX, TCOM, WYNN,
Moving Below 30 DMA = 2
ADP,
FB,
No comments:
Post a Comment