©
2020
RUT and the ETF IWM made all-time closing highs on Tuesday.
TSLA +33.52, +8.21%, gapped open and partially filled the gap Tuesday following the Monday announcement that TSLA will be added to the S&P500 before the open on Dec 21.
NDX -35.89, -0.30%, opened higher but pulled back slight forming a bounce pause.
SPX -17.38, -0.48%, closes at 3,609, was a breakout test after breaking out to a new all-time closing high on Monday.
Two of eleven sectors were higher on Tuesday, led by XLE, XLRE and XLF.
Energy leaders: SWN, DVN, FANG, OKE
SPY down 1.95 at 360.62 on 66.1 million shares, below average volume, down on lower volume.
VIX up .26 at 22.71
BA, CRM, MRK, NKE led the DJIA, 6 advancers, -20
The two-year trend term is up. The one-year trend is up.
Up: IWM,
Advancers weakened on Tuesday as advancers led 1,726 to 1,716 on the NYSE and led 1,836 to 1,716 on the NASDAQ
The SPY MFC green line is turned up at 85.2 and is bullish. Price action is a bull flag bounce continuation and a horizontal breakout setup.
Uptrend sectors: XLU, XLB, XLI, XLY, XLP, XLV, XLF, XLC, XLK,
Down trend sectors:
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
33 of 100 NDX stocks closed higher on Tuesday.
68 NDX stocks are above their 30 DMA: IDXX, QCOM, ADP, XLNX, BIDU, SIRI, EXC, ALGN, GOOGL, PDD, EXPE, NXPI, PAYX, CSX, CDW, CERN, CPRT, KLAC, LRCX, TXN, XEL, ADI, AMAT, CTSH, FAST, MAR, MCHP, MU, MXIM, SBUX, VRSK, WBA, ALXN, ASML, BKNG, CTAS, FB, FISV, INCY, INTU, MNST, TCOM, TMUS, AAPL, ISRG, MRNA, WDC, AMGN, CMCSA, ROST, ULTA, CHTR, CSCO, MDLZ, PEP, AVGO, COST, JD, MELI, MSFT, LBTYA, ADSK, KHC, WDAY, AMD, FOXA, GILD, LULU, TSLA,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 2
Moving Below 30 DMA = 5
BMRN, CDNS, DLTR, ORLY, PCAR,
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RUT and the ETF IWM made all-time closing highs on Tuesday.
TSLA +33.52, +8.21%, gapped open and partially filled the gap Tuesday following the Monday announcement that TSLA will be added to the S&P500 before the open on Dec 21.
NDX -35.89, -0.30%, opened higher but pulled back slight forming a bounce pause.
SPX -17.38, -0.48%, closes at 3,609, was a breakout test after breaking out to a new all-time closing high on Monday.
Two of eleven sectors were higher on Tuesday, led by XLE, XLRE and XLF.
Energy leaders: SWN, DVN, FANG, OKE
SPY down 1.95 at 360.62 on 66.1 million shares, below average volume, down on lower volume.
VIX up .26 at 22.71
BA, CRM, MRK, NKE led the DJIA, 6 advancers, -20
The two-year trend term is up. The one-year trend is up.
Up: IWM,
Advancers weakened on Tuesday as advancers led 1,726 to 1,716 on the NYSE and led 1,836 to 1,716 on the NASDAQ
The SPY MFC green line is turned up at 85.2 and is bullish. Price action is a bull flag bounce continuation and a horizontal breakout setup.
Uptrend sectors: XLU, XLB, XLI, XLY, XLP, XLV, XLF, XLC, XLK,
Down trend sectors:
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
33 of 100 NDX stocks closed higher on Tuesday.
68 NDX stocks are above their 30 DMA: IDXX, QCOM, ADP, XLNX, BIDU, SIRI, EXC, ALGN, GOOGL, PDD, EXPE, NXPI, PAYX, CSX, CDW, CERN, CPRT, KLAC, LRCX, TXN, XEL, ADI, AMAT, CTSH, FAST, MAR, MCHP, MU, MXIM, SBUX, VRSK, WBA, ALXN, ASML, BKNG, CTAS, FB, FISV, INCY, INTU, MNST, TCOM, TMUS, AAPL, ISRG, MRNA, WDC, AMGN, CMCSA, ROST, ULTA, CHTR, CSCO, MDLZ, PEP, AVGO, COST, JD, MELI, MSFT, LBTYA, ADSK, KHC, WDAY, AMD, FOXA, GILD, LULU, TSLA,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 2
Moving Below 30 DMA = 5
BMRN, CDNS, DLTR, ORLY, PCAR,
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1 comment:
Thank you, Dave!
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