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QQQ inched to a new all-time high as AMZN, TSLA rose and AAPL, MSFT, FB, GOOGL pulled back. IWM small caps closed lower for the third straight day.
NDX +4.63, +0.04%, on Tuesday inches to another all-time high.
SPX -8.32, -0.22%, closed at 3,727, made an intra-day all-time high before closing lower.
TSLA rose +0.35%, on Tuesday and is a bull flag bounce continuation.
Two of eleven sectors were higher on Tuesday, led by XLV, XLY and XLU.
Healthcare leaders: ABMD, ZBH, BSX, AMGN
SPY down 0.71 at 371.46 on 53.6 million shares, near average volume, down on higher volume.
INTC, AMGN, MRK V led the DJIA, 8 advancers, -15
The two-year trend term is up. The one-year trend is up.
Up: QQQ,
Advancers weakened on Tuesday as decliners led 2,047 to 1,087 on the NYSE and led 2,726 to 1,078 on the NASDAQ
The SPY MFC green line is pointed up at 84.5 and is bullish. Price action is a horizontal breakout setup.
Uptrend sectors: XLU, XLB, XLI, XLY, XLP, XLV, XLF, XLC, XLK, XLE,
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
40 of 100 NDX stocks closed higher on Tuesday.
73 NDX stocks are above their 30 DMA: ADP, ALGN, LRCX, TXN, ADI, AMAT, CTSH, FAST, MU, MXIM, SBUX, ASML, INTU, MNST, TMUS, ROST, CSCO, AVGO, MELI, ADSK, KHC, TSLA, DLTR, PYPL, VRTX, AAPL, ADBE, ANSS, ATVI, BIDU, CDNS, EA, GILD, ILMN, ISRG, SNPS, VRSN, NFLX, CHKP, SGEN, CERN, DXCM, IDXX, CPRT, ALXN, AMZN, INCY, QCOM, SWKS, MSFT, ORLY, WDAY, NTES, VRSK, MRVL, MTCH, OKTA, PTON, TEAM, BKNG, MAR, MDLZ, PEP, CMCSA, FB, FOXA, AMGN, CHTR, COST, EBAY, INTC, JD, PDD,
NDX Stocks to Watch on Wednesday:
Moving Below 30 DMA = 9
AMD, DOCU, EXC, GOOGL, KLAC, MCHP, NXPI, PAYX, WDC,
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