© 2020
NDX +121.69, +1.22%, and SPX
+20.12, +0.65%. SPX opened flat and rallied as AAPL,
MSFT and AMZN rose to new all-time highs.
Seven of eleven sectors were higher on Monday, led
by XLK, XLY and XLU
SPY up 1.98, at 310.62 on 74.6 million shares, below average volume, up on lower volume.
VIX down 3.35 at 31.77
NKE, MSFT, AAPL led the DJIA, 16 advancers, +8
GPS, CARR CMG AES led the SPX, 259 advancers
SNPS, DOCU, PYPL, AVGO led the NDX, 61 advancers
The two-year trend term
is up. The one-year trend is up.
Up: QQQ, IWM, SPY, DIA,
Down:
Breadth strengthened
on Monday as advancers led 1,557 to 1,391 on the NYSE and led 1,858 to 1,515 on the NASDAQ
The SPX
MFC green line is turned at 75.6 and is short-term bullish. Price action is a 5-day bull flag, bounce and
a 4-day pause closing above the HOLD.
Uptrend sectors: XLY, XLK, XLV, XLC, XLB, XLI, XLF,
XLRE, XLE,
Neutral sectors:
XLU, XLP,
Down trend sectors:
The 6-month intermediate
trend is sideways. The ten-day trend is down.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Sideways
61 of 100 NDX stock
closed higher on Monday.
78 NDX stocks are above their 30 DMA: AMZN, CDNS, KHC, AVGO,
IDXX, ISRG, KLAC, LULU, MSFT, NVDA, ORLY, SNPS, SWKS, FB, QCOM, AAPL, ADSK,
EBAY, FAST, GOOGL, MCHP, MELI, MNST, PYPL, SPLK, WDAY, ADBE, ALGN, TSLA, BMRN,
VRSK, ZM, AMAT, JD, NTES, TMUS, CTAS, EXPE, LRCX, AVGO, BKNG, CDW, DLTR, MXIM,
PCAR, TXN, XLNX, PAYX, AAL, ALXN, MU, SIRI, UAL, REGN, XEL, NXPI, EA, TTWO,
ADP, ATVI, CHTR, ILMN, LBTYA, AMD, ANSS, DXCM, MDLZ, CERN, INTU, NFLX, SGEN,
WBA, AMGN, INCY, GILD, WDC, TCOM,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 1
TCOM,
Moving Below 30 DMA = 2
CHKP,
CTSH,
No comments:
Post a Comment