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The DJI +98.49, +0.30%, finished at 33,171.37, a new
all-time closing high. BA, UNH, MCD and PG were the largest point gainers on Monday.
NDX -13.38, -0.10%, was a channel bounce pause.
SPX -3.45, -0.09%, ended
at 3,971, a bull flag price bounce pause
and a horizontal resistance BO setup.
TSLA -1.20%, opened
and closed lower above Friday’s low.
Five
of eleven
sectors were higher on Monday, led by XLC,
XLP and XLU.
Communication Services leaders: FB, TWTR, ATVI, EA
Consumer Staples leaders: TAP,
CLX, GIS, CPB
Utilities leaders: CNP, FE, WEC, DUK
SPY down .20 at 395.78, on 108.1 million shares, average volume, down on slightly lower volume.
VIX up 1.88 at 20.74
BA, WBA, PG, KO led the DJIA, 19 advancers, -8
CNP, CARR, TAP, TWTR led the SPX, 205 advancers.
FB, TCOM, KHC, ATVI led the NDX, 41 advancers.
The two-year trend term is up. The one-year trend is up.
Up: DIA,
Down: QQQ, SPY, IWM,
Advancers weakened on Monday as decliners led 2,229 to 1,094 on the NYSE and led 3,207 to 1,004 on the NASDAQ.
The SPY MFC green line
turned up and rose 2.3 to 75.6 and is bullish. Price action is a bull flag bounce pause.
Uptrend sectors: XLP, XLI, XLB, XLRE, XLV, XLC, XLF, XLE,
XLY,
Neutral sectors: XLK, XLU,
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
41 of 100 NDX stocks
closed higher on Monday.
56 NDX stocks are above their 30 DMA: CMCSA, KHC, FISV, ADP, ORLY, CSCO, PAYX, AEP,
XEL, AMAT, EXC, FB, MDLZ, CHTR, CTSH, WBA, SIRI, TXN, FAST, AMGN, DLTR, PEP, CSX,
MNST, COST, ASML, CERN, BIIB, CDW, NXPI, SBUX, ADBE, ADI, ALXN, ANSS, AVGO,
BKNG, CHKP, CTAS, EBAY, GILD, INCY, INTC, KLAC, LRCX, LULU, MSFT, REGN, ROST,
SWKS, VRSK, VRSN, VRTX, CDNS, EA, TMUS,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 3
CDNS, EA, TMUS,
Moving Below 30 DMA = 3
MAR, MCHP, MXIM,
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Thank you, Dave! Appreciate what you do!
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