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NDX -53.75, -0.40%, paused after a strong two-day rally. SPX +3.86, +0.10%, closed at 3,830, its highest close in six days.
AMZN -67.47, -2.00%, finished lower after gapping up following record EPS. GOOGL +139.76, +7.28%, led the NDX closing at a new all-time high after record EPS.
TSLA -2.07% paused after a strong two-day rally.
Six of eleven sectors were higher on Wednesday, led by XLE, XLC and XLF.
Energy leaders: EOG, FANG, SLB, DVN
Communication Services leaders: GOOGL, VIAC, LUMN, OMC
SPY up .30 at 381.85 on 52.4 million shares, below average volume, up on lower volume.
VIX down 2.65 at 22.91
BA, CVX, MSFT, DOW led the DJIA, 13 advancers, -12
The two-year trend term is up. The one-year trend is up.
Up: IWM, DIA, SPY,
Advancers weakened on Wednesday as advancers led 1,853 to 1,348 on the NYSE and led 2,401 to 1,512 on the NASDAQ.
The SPY MFC green line turned up at 64.8 and is bullish. Price action is a bounce continuation.
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 sideways.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
17 of 100 NDX stocks closed higher on Wednesday.
56 NDX stocks are above their 30 DMA: AMAT, ASML, AVGO, TSLA, BIDU, ILMN, CERN, SWKS, NTES, MRVL, INTC, PDD, KLAC, EBAY, GILD, WBA, BIIB, PCAR, CTAS, GOOGL, MSFT, MRNA, WDC, DXCM, MELI, MU, NFLX, QCOM, ATVI, AAPL, AEP, ALGN, AMZN, ANSS, CDNS, CDW, CSCO, JD, NVDA, NXPI, OKTA, PYPL, SNPS, SPLK, TEAM, TXN, WDAY, ZM, ADBE, CMCSA, FB, EXC, INTU, MNST, FISV, ROST,
NDX Stocks to Watch on Thursday:
Moving Below 30 DMA = 11
ADI, AMGN, CHKP, EA, FOXA, IDXX, INCY, LRCX, MCHP, MTCH, TMUS,
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NDX -53.75, -0.40%, paused after a strong two-day rally. SPX +3.86, +0.10%, closed at 3,830, its highest close in six days.
AMZN -67.47, -2.00%, finished lower after gapping up following record EPS. GOOGL +139.76, +7.28%, led the NDX closing at a new all-time high after record EPS.
TSLA -2.07% paused after a strong two-day rally.
Six of eleven sectors were higher on Wednesday, led by XLE, XLC and XLF.
Energy leaders: EOG, FANG, SLB, DVN
Communication Services leaders: GOOGL, VIAC, LUMN, OMC
SPY up .30 at 381.85 on 52.4 million shares, below average volume, up on lower volume.
VIX down 2.65 at 22.91
BA, CVX, MSFT, DOW led the DJIA, 13 advancers, -12
The two-year trend term is up. The one-year trend is up.
Up: IWM, DIA, SPY,
Advancers weakened on Wednesday as advancers led 1,853 to 1,348 on the NYSE and led 2,401 to 1,512 on the NASDAQ.
The SPY MFC green line turned up at 64.8 and is bullish. Price action is a bounce continuation.
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 sideways.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
17 of 100 NDX stocks closed higher on Wednesday.
56 NDX stocks are above their 30 DMA: AMAT, ASML, AVGO, TSLA, BIDU, ILMN, CERN, SWKS, NTES, MRVL, INTC, PDD, KLAC, EBAY, GILD, WBA, BIIB, PCAR, CTAS, GOOGL, MSFT, MRNA, WDC, DXCM, MELI, MU, NFLX, QCOM, ATVI, AAPL, AEP, ALGN, AMZN, ANSS, CDNS, CDW, CSCO, JD, NVDA, NXPI, OKTA, PYPL, SNPS, SPLK, TEAM, TXN, WDAY, ZM, ADBE, CMCSA, FB, EXC, INTU, MNST, FISV, ROST,
NDX Stocks to Watch on Thursday:
Moving Below 30 DMA = 11
ADI, AMGN, CHKP, EA, FOXA, IDXX, INCY, LRCX, MCHP, MTCH, TMUS,
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1 comment:
Thank You Dave for the Blog
Mike
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