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The DJI +453.40, +1.39%, finished at 33,072.88, a new all-time closing high. HD, AMGN, V and UNH were the largest point gainers on Friday.
NDX +198.61, +1.55%, was a channel bounce trigger.
SPX +65.02, +0.56%, ended at 3,974, a bull flag price bounce and a new all-time closing high.
TSLA -3.39%, opened flat, closed lower and is at the area of short-term support.
Ten of eleven sectors were higher on Friday, led by XLK, XLB and XLE.
Technology leaders: AMAT, KLAC, FTNT, LRCX
Basic Materials leaders: NUE, FCX, APD, WRK
SPY up 6.28 at 395.98, on 114.4 million shares, above average volume, up on similar volume.
VIX down .95 at 18.86
INTC, CSCO, NKE, AMGN led the DJIA, 27 advancers, +4
The two-year trend term is up. The one-year trend is up.
Up: IWM, SPY, QQQ, DIA,
Advancers strengthened on Friday as advancers led 2,566 to 748 on the NYSE and led 2,697 to 1,496 on the NASDAQ.
The SPY MFC green line turned up and rose 4.9 to 73 and is bullish. Price action is a bull flag bounce.
Uptrend sectors: XLC, XLI, XLF, XLB, XLRE, XLE, XLY, XLV, XLK,
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
91 of 100 NDX stocks closed higher on Friday.
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, MAR, NXPI, SBUX, ADBE, ADI, ALXN, ANSS, AVGO, BKNG, CHKP, CTAS, EBAY, GILD, INCY, INTC, KLAC, LRCX, LULU, MCHP, MSFT, MXIM, REGN, ROST, SWKS, VRSK, VRSN, VRTX,
NDX Stocks to Watch on Monday:
Moving Below 30 DMA = 2
FOXA, TMUS,
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1 comment:
Wow! 24 additional 100 NQ went above the 30 MA in One day ... that Friday end of day rally was strong! Thank you So much for putting this together, Dave!
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