©
2020
Earnings season unofficially
starts Tuesday before the open with JPM, C, JNJ, DAL FAST, BLK, FRC reporting.
NDX +362.26, +3.09%, gapped up and trended higher on Monday. The rally was led by strength in AAPL, AMZN, MSFT, FB, GOOGL, NVDA and TSLA.
SPX +57.09, +1.64%, closes at 3,534. SPX gapped up at the open and trended higher closing below its high of the day and is breakout continuation.
Ten of eleven sectors were higher on Monday, led by XLK, XLC and XLY.
Technology leaders: AAPL, CTXS, NVDA, ANSS
Communication Services leaders: TWTR, FB, DISH, ATVI
Consumer Discretionary leaders: AMZN, DLTR, ORLY, TPR
SPY up +5.58 at 352.43 on 80.3 million shares, average volume, up on higher volume.
VIX up +0.07 at 25.07
AAPL, GS, MSFT, CAT led the DJIA, 23 advancers, +4
F, TWTR, FB, IP led the SPX, 372 advancers
PDD, JD, AMZN, IDXX led the NDX, 94 advancers
The two-year trend term is up. The one-year trend is up.
Up: QQQ, SPY, DIA, IWM,
Down:
Breadth strengthened on Monday as advancers led 1,859 to 1,167 on the NYSE and led 2,162 to 1,344 on the NASDAQ
The SPY MFC green line is pointed up at 61 and is bullish. Price action is a breakout continuation.
Uptrend sectors: XLY, XLB, XLP, XLK, XLC, XLV, XLI, XLU,
Neutral sectors: XLRE, XLF,
Down trend sectors: XLE,
The 6-month intermediate trend is up. The ten-day trend is up.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
94 of 100 NDX stocks closed higher on Monday.
96 NDX stocks are above their 30 DMA: AVGO, ZM, ALXN, SGEN, WDAY, CDW, CHTR, CPRT, CTAS, CTSH, FISV, IDXX, INTC, MRNA, NVDA, PAYX, QCOM, SBUX, SNPS, TCOM, ADP, BIIB, COST, FOXA, LRCX, SWKS, TXN, XLNX, AMD, KLAC, BIDU, DOCU, NFLX, NXPI, ROST, XEL, SIRI, AMAT, CERN, EXC, MCHP, MELI, MXIM, PCAR, REGN, SPLK, ADBE, ADI, ALGN, ANSS, ASML, BMRN, CDNS, CHKP, CSX, FAST, ILMN, INCY, INTU, ISRG, JD, LULU, MU, PEP, PYPL, TMUS, TSLA, WBA, WDC, ADSK, AMZN, BKNG, CSCO, DLTR, EXPE, ULTA, VRSK, VRSN, VRTX, AAPL, CTXS, EBAY, LBTYA, MDLZ, MNST, MSFT, ATVI, CMCSA, EA, FB, GILD, GOOGL, KHC, MAR, PDD, TTWO,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 10
ATVI, CMCSA, EA, FB,
GILD, GOOGL, KHC, MAR, PDD, TTWO,
Moving Below 30 DMA = 0
Add Comments here:
NDX +362.26, +3.09%, gapped up and trended higher on Monday. The rally was led by strength in AAPL, AMZN, MSFT, FB, GOOGL, NVDA and TSLA.
SPX +57.09, +1.64%, closes at 3,534. SPX gapped up at the open and trended higher closing below its high of the day and is breakout continuation.
Ten of eleven sectors were higher on Monday, led by XLK, XLC and XLY.
Technology leaders: AAPL, CTXS, NVDA, ANSS
Communication Services leaders: TWTR, FB, DISH, ATVI
SPY up +5.58 at 352.43 on 80.3 million shares, average volume, up on higher volume.
VIX up +0.07 at 25.07
AAPL, GS, MSFT, CAT led the DJIA, 23 advancers, +4
The two-year trend term is up. The one-year trend is up.
Up: QQQ, SPY, DIA, IWM,
Breadth strengthened on Monday as advancers led 1,859 to 1,167 on the NYSE and led 2,162 to 1,344 on the NASDAQ
The SPY MFC green line is pointed up at 61 and is bullish. Price action is a breakout continuation.
Uptrend sectors: XLY, XLB, XLP, XLK, XLC, XLV, XLI, XLU,
Down trend sectors: XLE,
The 6-month intermediate trend is up. The ten-day trend is up.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
94 of 100 NDX stocks closed higher on Monday.
96 NDX stocks are above their 30 DMA: AVGO, ZM, ALXN, SGEN, WDAY, CDW, CHTR, CPRT, CTAS, CTSH, FISV, IDXX, INTC, MRNA, NVDA, PAYX, QCOM, SBUX, SNPS, TCOM, ADP, BIIB, COST, FOXA, LRCX, SWKS, TXN, XLNX, AMD, KLAC, BIDU, DOCU, NFLX, NXPI, ROST, XEL, SIRI, AMAT, CERN, EXC, MCHP, MELI, MXIM, PCAR, REGN, SPLK, ADBE, ADI, ALGN, ANSS, ASML, BMRN, CDNS, CHKP, CSX, FAST, ILMN, INCY, INTU, ISRG, JD, LULU, MU, PEP, PYPL, TMUS, TSLA, WBA, WDC, ADSK, AMZN, BKNG, CSCO, DLTR, EXPE, ULTA, VRSK, VRSN, VRTX, AAPL, CTXS, EBAY, LBTYA, MDLZ, MNST, MSFT, ATVI, CMCSA, EA, FB, GILD, GOOGL, KHC, MAR, PDD, TTWO,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 10
Moving Below 30 DMA = 0
Add Comments here:
No comments:
Post a Comment