Monday, January 13, 2020

SPX, NDX, COMP Close All-time New Highs Again...Earning's Session Tuesday, JPM, C BMO...



© 2020

The SPX: 3,288.13, Nasdaq 100: 9,070.65, Nasdaq Composite: 9,273.93, made new all-time closing highs today.  As Dave mentors live each day: “Trade with the trend as long as it continues.”

Ten of eleven sectors were higher on Monday, led by XLB, XLK and XLRE.

SPY up 2.24 at 327.95 on 47.2 million shares, below average volume.  Up on lower volume.
VIX down .24 at 12.32

AAPL, CSCO, DOW led the DJIA, 21 advancers, +13
ALB, FCX, GCI led the SPX, 381 advancers
TSLA, LULU, ALXN, SWKS led the NDX, 77 advancers

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

Up: QQQ, SPY, IWM, DIA,
Down:

Breadth strengthened on Monday as advancers led 2,053 to 865 on the NYSE and led 2,083 to 1,153 on the NASDAQ

The SPX MFC green line is above 80 and is flat at 94 and is short-term bullish

Uptrend sectors XLC, XLK, XLI, XLY, XLF, XLV, XLU, XLB, XLP,
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 TrendUp

77 of 100 NDX stocks closed higher on Monday.

84 NDX stocks are above their 30 DMA:  AAPL, SWKS, AMD, FOXA,  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, CHTR, IDXX, INTC,  ROST, CMCSA, ANSS, CDW, CPRT, CSGP, SPLK, TMUS, NTES, CTXS, MELI, WDAY, FISV, REGN, TTWO, VRTX, NTAP, ADP, PAYX, COST, ISRG, ALXN, CHKP, FAST, MAR, PEP, SIRI,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 6
ALXN, CHKP, FAST, MAR, PEP, SIRI,

Moving Below 30 DMA = 3
AMGN, BIIB, ILMN,


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1 comment:

Hương Lan said...

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