Tuesday, February 16, 2021

DJI 31,522 an All-time Closing High as SPX, NDX, RUT Close Slightly Lower...

 
© 2021
 
 
NDX -39.33, -0.25%, rose to an all-time intra-day high before closing slightly lower on Tuesday.  SPX -2.24, -0.09%, closed at 3,932, also an all-time intra-day high with a slightly lower close.  DJI closed at 31,522 an all-time closing high.
 
TSLA -2.44% fell back to 3-week support.
 
Three of eleven sectors were higher on Tuesday, led by XLE, XLF and XLC. 
 
Energy leaders: MRO, APA, HFC, DVN
Financial leaders: CBOE, CMA, FRC, SCHW
Communication Services leaders: TWTR, DISH, GCI, FB
 
SPY down .34 at 392.30 on 50.9 million shares, below average volume, down on higher volume.
VIX up 1.59 at 21.46
 
CRM, BA, JPM, CAT led the DJIA, 13 advancers, -5
RCL, CCL, CBOE, NCLH led the SPX, 225 advancers.
TCOM, BIDU, JD, PDD led the NDX, 41 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: DIA,
Down: SPY, QQQ, IWM,
 
Advancers weakened on Tuesday as decliners led 1,750 to 1,513 on the NYSE and advancers led 2,116 to 1,928 on the NASDAQ.
 
The SPY MFC green line turned down at 95.3 and is counter-trend defensive.  Price action is an all-time intra-day high pause day.
 
Uptrend sectors XLU, XLB, XLI, XLY, XLP, XLV, XLF, XLC, XLK, XLE,
Neutral sectors:  XLRE,
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 TrendUp a little
 
41 of 100 NDX stocks closed higher on Tuesday.
 
70 NDX stocks are above their 30 DMA:   AMAT, ASML, AVGO, BIDU, ILMN, SWKS, NTES, INTC, PDD, KLAC, EBAY, WBA, BIIB, PCAR, CTAS, GOOGL, MSFT, MRNA, WDC, DXCM, MELI, MU, NFLX, ATVI, ALGN, AMZN, ANSS, CDNS, CDW, CSCO, JD, NVDA, NXPI, OKTA, PYPL, SNPS, TEAM, TXN, WDAY, ZM, ADBE, CMCSA, FB, INTU, ROST, CTAS, DOCU, IDXX, MCHP, MTCH, SBUX, KHC, MAR, TCOM, ADI, EA, LRCX, XLNX, AMD, BKNG, FOXA, ISRG, MRVL, MXIM, ADSK, ALXN, CPRT, FISV, MNST, CSX,
 
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
CSX,
 
Moving Below 30 DMA = 7
AAPL, ADP, DLTR, GILD, PTON, SPLK, VRSN,
 
 
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