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HBI +3.98, +24.91%, on a positive EPS reaction led the SPX
on Tuesday. TSLA -1.62% continues
to grind in sideways consolidation.
LYFT,
ENPH and TWTR rise in
after-hours trading on positive EPS reactions.
Six of
eleven
sectors were higher on Tuesday, led by XLRE,
XLC and XLI.
Real Estate leaders: SPG, EXR, CCI, FRT
Communications Services leaders: GCI,
TWTR, EA, DISH
Industrials leaders: PCAR, CMI, J, EXPD
SPY down .26 at 390.25 on 35.5 million shares, below average volume, down on lower volume.
VIX up .39 at 21.63
MCD, UNH, BA, JNJ led the DJIA, 11 advancers, -12
HBI, GCI, IT, NLOK led the SPX, 236 advancers.
NTES, BIDU, ZM, DOCU led the NDX, 49 advancers.
The two-year trend term is up. The one-year trend is up.
Up: IWM, DIA,
Down: QQQ, SPY,
Advancers weakened on Tuesday as advancers led 1,850 to 1,373 on the NYSE and led
2,341 to 1,641 on the NASDAQ.
The SPY MFC green line
is pointed up at 95.4 and is bullish. Price action is a pause day making an
intra-day all-time new high.
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 Trend: Up
49 of 100 NDX stocks
closed higher on Tuesday.
70 NDX stocks are above their 30 DMA: AMAT, ASML, AVGO, TSLA, BIDU, ILMN, SWKS,
NTES, INTC, PDD, KLAC, EBAY, GILD, WBA, BIIB, PCAR, CTAS, GOOGL, MSFT,
MRNA, WDC, DXCM, MELI, MU, NFLX, ATVI, AAPL, ALGN, AMZN, ANSS, CDNS, CDW, CSCO,
JD, NVDA, NXPI, OKTA, PYPL, SNPS, TEAM, TXN, WDAY, ZM, ADBE, CMCSA, FB, EXC,
INTU, FISV, ROST, CTAS, DOCU, IDXX, MCHP, MTCH, PAYX, SBUX, ADSK, CPRT, KHC,
MAR, TCOM, ADI, ADP, EA, LRCX, MRVL, XLNX, DLTR, SPLK,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 2
DLTR, SPLK,
Moving Below 30 DMA = 7
AEP, AMD, FOXA, INCY, MNST,
MXIM, SGEN,
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1 comment:
Thank You Dave for Chart Signal
Stay Safe
Mike
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