© 2020
COVOD-19 a reality-based article worth reading on the challenge before us: Click here:
Take time to read these articles for a more constructive perspective on coronavirus…
Fed’s Bullard: Not a recession, an investment in survival: Click here
Understand how outbreaks spread:Click here
About the 2 drugs that could treat COVID-19: Click here:One of eleven sectors was higher on Friday, led by XLP, XLRE and XLV
SPY down 3.64 at 248.19 on 135.5 million shares, below average
volume. Down on lower volume.
VIX down 4.11 at 46.80
PFE, BA, WBA led the DJIA, 26 advancers, +25
CARR, APA, LB, MKTX led the SPX, 124 advancers
TSLA, KHC, INCY, MXIM led the NDX, 18 advancers
Two-year trend
term continues above 2018 support. 3-day short term trend
is down.
Up:
Down: QQQ, SPY,
DIA, IWM,
Breadth weakened
on Friday as decliners led 2,339 to 634 on the NYSE
and led 2,369 to 916 on the NASDAQ
The SPX
MFC green line pointed down at 29 and is a short-term
bearish.
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 a little.
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Down
18 of 100 NDX stocks
closed higher on Friday.
22 NDX stocks are above their 30 DMA: CTXS, SGEN, AMZN,
CDNS, NFLX, REGN, TTWO, VRTX, ALXN, NTES, INCY, AMGN, ATVI, CHKP, CSCO, EA, GILD,
ILMN, INTC, KHC, VRSN, XLNX,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 0
Moving Below 30 DMA = 4
BIIB, BMRN,
IDXX, NVDA,
No comments:
Post a Comment