© 2020
Four
of eleven
sectors were higher on Thursday, led by XLU, XLRE and XLP.
SPY down .36 at 337.06 on 54.5 million shares, below average
volume. Down on higher volume.
VIX up .41 at 14.15
WMT, PG, AXP led the DJIA, 10 advancers, -10
EFX, IRM, FIS led the SPX, 255 advancers
TSLA, AMAT, INCY, CDNS led the NDX, 53 advancers
Long term up
trend intact. 3-day short term trend is up.
Up: IWM,
Down: SPY, QQQ,
DIA,
Breadth weakened
on Thursday as decliners led 1,487 to 1,438 on the NYSE and advancers led 1,659 to 1,580 on the NASDAQ
The SPX
MFC green line is above 80 and at 93 and is short-term
bullish.
Uptrend sectors: XLK, XLP, XLY, XLF, XLI, XLU, XLRE,
XLC, XLV,
Neutral sectors:
XLB,
Down trend sectors: XLE,
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
53 of 100 NDX stocks
closed higher on Thursday.
81 NDX stocks are above their 30 DMA: AAPL, MSFT, ADBE,
ADSK, LULU, MNST, WLTW, VRSK, GOOGL, TSLA, ULTA, CSX, PYPL, CTAS, CDNS,
INTU, XEL, EXC,
NFLX, SNPS, INTC, ANSS, CPRT, CSGP, SPLK, CTXS, WDAY, VRTX, PAYX,
COST, CHKP, PEP, AMZN, MDLZ, CHTR,
ADP,
CTSH, GILD, JD, LRCX, NTES, WDC, AAL, AMAT, AMD, ASML, CERN, EBAY, FAST, MXIM,
NVDA, NXPI, TMUS, AVGO, BIIB, BMRN, MU, REGN, ROST, SGEN, TXN, ATVI, IDXX, MCHP,
SIRI, ADI, BIDU, ISRG, LBTYA, MAR, QCOM, CMCSA, EXPE, FOXA, KLAC, MELI, SWKS, FISV,
INCY, SBUX, VRSN,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 4
FISV, INCY,
SBUX, VRSN,
Moving Below 30 DMA = 3
CSCO, NTAP,
WBA,
No comments:
Post a Comment