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Six of eleven sectors were higher on Thursday, led by XLV, XLK and XLY
SPY up 1.34 at 279.10 on 131.7 million shares, below average volume, up on higher
volume.
VIX down .73 at 40.11
UNH, INTC, MSFT led the DJIA, 14 advancers, +9
ANTM, CI, HUM, MKTX led the SPX, 238 advancers
SGEN, JD, XLNX, REGN led the NDX, 74 advancers
The two-year trend term
is up.
A new uptrend has
emerged following a higher low W pattern reversal. 3-day short term trend is up.
Up:
Down: QQQ,
DIA, SPY, IWM,
Breadth strengthened
on Thursday as decliners led 1,864 to 1,105 on the NYSE and led 1,816 to 1,455 on the NASDAQ
The SPX
MFC green line is pointed up at 63.5 and is a short-term
bullish.
Uptrend sectors: XLV, XLP, XLK, XLB, XLY, XLU, XLC,
Neutral sectors:
XLRE,
Down trend sectors: XLI,
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
74 of 100 NDX stocks
closed higher on Thursday.
89 NDX stocks are above their 30 DMA: CTXS, SGEN, AMZN,
CDNS, NFLX, REGN, TTWO, VRTX, ALXN, NTES, INCY, AMGN, ATVI, CHKP, CSCO, EA,
ILMN, INTC, KHC, VRSN, XLNX, AMD, ANSS, AVGO, CHTR, COST, CSX, IDXX, ISRG, JD,
KLAC, LULU, MDLZ, MSFT, MU, MXIM, NVDA, ORLY, PCAR, PEP, SNPS, SWKS, TMUS, TXN,
ADI, FB, LRCX, QCOM, SBUX, WLTW, AAPL, ADP, ADSK, AMAT, BIIB, CDW, CERN, CMCSA,
CSGP, CTSH, EBAY, FAST, FOXA, GOOGL, INTU, LBTYA, MCHP, MELI, MNST, PYPL, ROST,
SPLK, ULTA, WDAY, XEL, ADBE, ALGN, BKNG, EXC, TSLA, BMRN, GILD, BIDU, DLTR,
SIRI, VRSK, FISV, NTAP, NXPI,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 3
FISV,
NTAP, NXPI,
Moving Below 30 DMA = 1
WDC,
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