Lower Open, Higher Close as NDX Leads Rally...

© 2019

Nine of eleven sectors were higher on Monday, led by XLC, XLE and XLV. 

SPY up 1.23 at 323.64 on 55.7 million shares, average volume.  Up on lower volume.

VIX down .17 at 13.85

MCD, GS, WBA led the DJIA, 15 advancers, +14

ABMD, GPS, CRM led the SPX, 273 advancers

NFLX, VRTX, GOOGL, LBTYA led the NDX, 55 advancers

Long term up trend intact.  3-day short term trend is up a little.

Up: QQQ, SPY, DIA, IWM,

Down:

Breadth strengthened on Monday as advancers led 1,560 to 1,345 on the NYSE and led 1,713 to 1,507on the NASDAQ

The SPX MFC green line is above 80 and is flat at 90 and is short-term bullish. 

Uptrend sectors:  XLK, XLV, XLC, XLB, XLY, XLP, XLF, XLI, 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 a little

55 of 100 NDX stocks closed higher on Monday.

81 NDX stocks are above their 30 DMA:  AAPL, SWKS, AMGN, SIRI, AMD, ISRG, FOXA, MAR, BMRN, MSFT, ADBE, ADSK, EA, LULU, MNST, WLTW, CERN, SBUX, MDLZ, VRSK, GOOGL, ADI, ASML, MCHP, NXPI, TXN, ATVI, JD, NVDA, TSLA, ULTA, VRSN, EXPE, MU, AMAT, BIDU, BKNG, CSX, LRCX, MXIM, PYPL, QCOM, WDC, XLNX, CTAS, EBAY, KLAC, TCOM, CDNS, INTU, XEL, AMZN, CSCO, EXC, FB, NFLX, ALGN, SNPS, ADP, CHTR, IDXX, INTC,  ROST, CMCSA, ANSS, CDW, CPRT, CSGP, SPLK, TMUS, NTES, CTXS, MELI, WBA, WDAY, FISV, ILMN, LBTYA, REGN, TTWO, VRTX,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 5

ILMN, LBTYA, REGN, TTWO, VRTX,

Moving Below 30 DMA = 2

FAST, NTAP,

Add Comments here