© 2019
The SPX, NDX and DJI each closed at another
all-time closing high on a strong trend day following a pause range day on
Friday.
Ten of eleven sectors were higher on Monday, led by XLE, XLU and XLV.
SPY up 2.18 at 319.50 on 82.8 million shares, above average volume. Up on higher volume.
VIX down .49 at 12.14
TLT down 1.25 at 137.79 on 9.1 million shares
UNH, PFE, AAPL led the DJIA, 24 advancers, +8
SWN, COG, UAA led the SPX, 381 advancers
TSLA, BMRN, WDC, BIDU led the NDX, 79
advancersLong term up trend intact. 3-day short term trend is up.
Up: QQQ, IWM,
SPY, DIA,
Down:
Breadth strengthened
on Monday as advancers led 2,046 to 919 on the NYSE and
led 2,009 to 1,225 on the NASDAQ
The SPX
MFC green line is above 80 and is pointed up at 92 and is short-term
bullish.
Uptrend sectors: XLK, XLV, XLC, XLP, XLF, XLI, XLB, XLY,
XLU,
Neutral sectors:
XLE, 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
79 of 100 NDX stocks
closed higher on Monday.
88 NDX stocks are above their 30 DMA: AAPL, SWKS, ISRG,
AMGN, REGN, FAST, NTES, PCAR, SIRI, AMD, INCY, VRTX, ISRG, WBA, FOXA, MAR,
AVGO, BMRN, MSFT, 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, EXPE,
MU, TTWO, AMAT,
BIDU, BKNG, CSX, FAST, LRCX, MXIM, PYPL, QCOM, WDC, XLNX, BIIB, CTAS, EBAY,
KLAC, PAYX, TCOM, WYNN, ADP, CDNS, INTC, INTU, XEL, ALGN, ALXN, AMZN, CSCO,
CTXS, EXC, FB, KHC, NFLX,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 9
ALGN,
ALXN, AMZN, CSCO, CTXS, EXC, FB, KHC, NFLX,
Moving Below 30 DMA = 2
CHTR,
ORLY,
No comments:
Post a Comment