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As our Live Mentoring clients know I have been very disappointed in the emotionally charged fear based myopic approach the media has used on the American public while covering COVOD-19. Finally, a reality-based article worth reading on the challenge before us: Click here:
Take time to read these articles and view the videos for a more constructive perspective on coronavirus…
Billionaire Leon Cooperman thinks market has hit bottom: Click here:
John Rogers once in a lifetime opportunity: Click here
Bill Ackman aggressive buyer of stocks: Click here
Fed’s Bullard: Not a recession, an investment in survival: Click here
Nobel laureate predicts a quicker coronavirus recovery: Click hereUnderstand how outbreaks spread:Click here
Thursday Varney Interview of Rigano 2 min video: Click here:
About the 2 drugs that could treat COVID-19: Click here:
The SPX
+85.18, +3.37%, reversed Friday’s pullback and closed with four
points of Thursday’s close. VIX
made its lowest close since March 11, confirming the bounce in the SPX.
All eleven sectors were higher on Monday, led by XLV, XLK and XLP
SPY up 8.23 at 261.65 on 170.9
million shares, below average volume. Up
on lower volume.
VIX down 8.46 at 57.08
JNJ, MRK, MSFT led the DJIA, 29 advancers, +27
UHS, CI, VIAC, MCK led the SPX, 338 advancers
ADSK, VRSN, FOXA, CDNS led the NDX, 91 advancers
Two-year trend
term continues above 2018 support. 3-day short term trend
is up.
Up: QQQ, SPY,
DIA, IWM,
Down:
Breadth strengthened
on Monday as advancers led 1,802 to 1,198 on the NYSE and led 2,083 to 1,219 on the NASDAQ
The SPX MFC green line moved up to 28.9 and is a down-trend
countertrend bounce nearing reversal breakout.
Uptrend sectors:
Neutral sectors:
Down trend sectors: XLK,
XLV, XLU, XLRE, XLC, XLP, XLY, XLI, XLB, XLF, XLE,
The 6-month intermediate
trend is down. The ten-day trend is up.
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Up
91 of 100 NDX stocks
closed higher on Monday.
21 NDX stocks are above their 30 DMA: CTXS, GILD, ILMN, SGEN,
AMD, AMGN, AMZN, BIIB, CDNS, CSCO, INTC, JD, KHC, KLAC, MSFT, NFLX, NVDA, REGN,
TTWO, VRSN, VRTX,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 17
AMD, AMGN,
AMZN, BIIB, CDNS, CSCO, INTC, JD, KHC, KLAC, MSFT, NFLX, NVDA, REGN, TTWO,
VRSN, VRTX,
Moving Below 30 DMA = 0
1 comment:
Wow Thank you. I haven't looked at this page for awhile. It is a GREAT service that you are doing by posting these articles. I'm going to check each one out. I too have been so disappointed by the way my news media has been covering the stories.
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