AAPL, TSLA Split and Close at All-time Highs, NDX another New Closing High as SPX, DJIA & RUT Pullback...

© 2020

NDX +114.84, +0.96%, closed at a new all-time high on strength in TSLA, AAPL, NVDA, AMZN, NFLX and INTC.  AAPL and TSLA split before the open and rallied to new all-time closing highs.

SPX -7.70, -0.22%, closes at 3,500 after a breakout continuation to a new intra-day all-time high before pulling back a forming a red spinning top.

CRM, AMGN and HON replaced XOM, PFE and RTX in the DJIA this morning before the open.

Three of eleven sectors were higher on Monday, led by XLK, XLU and XLV.

Technology leaders:  AMD, JNPR, NTAP, AAPL

Utilities leaders: XEL, ES, SRE, FE

Healthcare leaders:  ALXN, WST, VRTX, REGN

SPY down -1.27 at 349.31 on 66.0 million shares, above average volume, down on higher volume.

VIX up +3.45 at 26.41

AAPL, INTC, CRM led the DJIA, 7 advancers, -14

FOSL, JNPR, WST, NTAP led the SPX, 141 advancers

TSLA, ZM, ALXN, AMD led the NDX, 46 advancers

The two-year trend term is up.  The one-year trend is up.

Up: QQQ,

Down: SPY, DIA, IWM,

Breadth weakened on Monday as decliners led 2,107 to 899 on the NYSE and led 2,164 to 1,264 on the NASDAQ

The SPY MFC green line is pointed down at 97.3 and is short-term bullish while watch for a potential pullback below the low of the high day.  Price action is a new high pullback.

Uptrend sectors:  XLI, XLP, XLB, XLY, XLK, XLC, XLV,

Neutral sectors:  XLU, XLRE, XLF, XLE,

Down trend sectors:

The 6-month intermediate trend is sideways.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

46 of 100 NDX stocks closed higher on Monday.

74 NDX stocks are above their 30 DMA:  AMZN, CDNS, IDXX, NVDA, AAPL, FAST, MELI, PYPL, TTWO,  VRSK, CHKP, COST, MNST, CHTR, CMCSA, CTSH, AMD, CTAS, ISRG, LULU, ORLY, CPRT, CSX, TCOM, QCOM. SBUX, KLAC, AVGO, FB, MSFT, NXPI, TMUS, TXN, BKNG, ULTA, MAR, PAYX, EXPE, ADBE, ANSS, INTU, MSFT, PEP, TSLA, FOXA, ADSK, ATVI, GOOGL, NTES, SNPS, WDAY, ZM, MCHP, ADI, ASML, BIDU, KHC, ROST, AMGN, LBTYA, SPLK, ALXN, DOCU, NFLX, PDD, VRSN, CERN, CTXS, INTC, KHC, SWKS, BIIB, VRTX, XEL,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 3

BIIB, VRTX, XEL,  

Moving Below 30 DMA = 7

ADP, CDW, EA, FISV, MXIM, SIRI, XLNX,

Add Comments here: