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NDX -127.70, -1.13%, opened lower and closed lower, pausing after a 7-day rally.
SPX +2.12, +0.06%, opened
lower and closed slightly higher, a breakout
continuation.
FB rose +3.16, +1.19%, while AAPL, AMZN, GOOGL and MSFT fell leading the
NDX to a lower close on Friday.
4 SP500
stocks, MAR, RCL, DUK, PPL report before the open on Monday.
Nine of eleven sectors were higher on Friday, led
by XLF, XLU and XLI.
Financial leaders: LNC, PRU, CMA, BK
Utilities leaders: XEL, DUK, EXC, LNT
Industrials leaders: UPS, FDX, FLS, WAB
SPY up .24 at 334.57 on 57.3 million shares, below average volume, up on higher volume.
VIX down .44 at 22.21
AXP, TRV, RTX led the DJIA, 20 advancers, +3
UPS, HST, LNC, FDX led the SPX, 357 advancers
BIIB, TMUS, MAR, XEL led the NDX, 35 advancers
The two-year trend term
is up. The one-year trend is up.
Up: IWM, DIA,
SPY,
Down: QQQ,
Breadth strengthened
on Friday as advancers led 1,893 to 1,079 on the NYSE and led 1,959 to 1,416 on the NASDAQ
The SPX
MFC green line is pointed up at 99 and is short-term
bullish. Price action is a
horizontal breakout continuation.
Uptrend sectors: XLP, XLB, XLY, XLV, XLK, XLC, XLI,
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
35 of 100 NDX stock
closed higher on Friday.
69 NDX stocks are above their 30 DMA: AMZN, CDNS, IDXX, NVDA,
SWKS, AAPL, FAST, MELI, PYPL, TSLA, NTES, MXIM, LRCX, EA, TTWO, ATVI, ANSS,
AMGN, DOCU, DXCM, PEP, VRSK, XLNX, CHKP, COST, MNST, CHTR, CMCSA, CTSH,
KHC, PCAR, AMD, CTAS, ISRG, LULU, ORLY, XEL, CPRT, CSX, EXC, TCOM, CSCO, MRNA,
SIRI, VRSN, AMAT, BIIB, INTU, QCOM. SNPS, ROST, SBUX, KLAC, ADBE, AVGO, FB,
MSFT, NXPI, TMUS, DLTR, TXN, BIDU, ALGN, BKNG, ULTA, FISV, MAR,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 2
PAYX, WBA,
Moving Below 30 DMA = 8
ADSK, EXPE,
GOOGL, ILMN, JD, NFLX, SPLK, ZM,
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