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The DJI +293.05, +0.90% closed at 32,776 a new all-time closing high.
BA, CAT, GS and HD led the DJI on Friday.
NDX -115.61, +2.36% was a pause day on Friday after a channel
bounce Thursday.
SPX +4.00, +0.10%, closed
at 3,943, an all-time closing high.
TSLA -0.84%, closed slightly lower on Friday.
Nine
of eleven
sectors were higher on Friday, led XLRE,
XLU and XLI.
Real Estate leaders: ESS,
MAA, UDR, SLG
Utilities leaders: CNP,
ETR, LNT, DTE
Industrials: BA,
AAL, LUV, CAT
SPY up .53 at 394.06 on 64.6 million shares, below average volume, up on lower volume.
VIX down 1.22 at 20.69
BA, CAT, WBA, GS led the DJIA, 22 advancers, +5
VIAC, LB, DISCA, AAL led the SPX, 346 advancers.
TCOM, FOXA, MRVL, ORLY led the NDX, 31 advancers.
The two-year trend term is up. The one-year trend is up.
Up: DIA, IWM, SPY,
Down: QQQ,
Advancers weakened on Friday as advancers led 1,848 to 1,414 on the NYSE and
led 2,171 to 1,920 on the NASDAQ.
The SPY MFC green line
is pointed up, rose 7 to 78.7 and is bullish. Price action is a horizontal breakout
setup.
.
Uptrend sectors: XLF, XLE, XLI, XLC, XLB, XLK, XLY, XLV,
Neutral sectors: XLRE, XLU, XLP,
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
31 of 100 NDX stocks
closed higher on Friday.
38 NDX stocks are above their 30 DMA: WDC, CDW, CMCSA, KHC, MAR, TCOM, BKNG, FOXA,
FISV, ADP, SBUX, ORLY, CSCO, CSX, CTAS, INTC, PAYX, TMUS, AEP, DLTR, ROST,
XEL, AMAT, EXC, FB, GOOGL, MDLZ, PCAR, CHTR, CTSH, WBA, INTU, MU, NXPI, SIRI,
TXN, VRTX, FAST,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 1
FAST,
Moving Below 30 DMA = 3
MNST, MTCH, WDAY,
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3 comments:
Thank You Dave
Thank you so much, Dave.
Michael and Ben...you're welcome...Happy St. Patrick's Day on Wednesday...Don't be concerned with the Ides of March today, but beware the FOMC press conference on Wednesday...We'll may need the luck of the Irish...Dave
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