DJI, SPX New all-time Closing High on Friday...VIX Drops into the Close...Energy, Real Estate, Industrials Lead Sectors...

 
 
© 2021
 
Friday Earning Reactions:
Up – ROKU, EOG, MCK, LYV, MSI, NWSA, EXPE, MCHP, REG, AIG
Down – MNST, SHAK, BYND,
 
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Indexes opened higher Friday morning and trended to a DJI and SPX new all-time closing high and QQQ and IWM bounced ending higher for the day.
 
DJI +229.23, +0.66%, closed at 34,777.  BA, GS, NKE and CAT were the largest point gainers on Friday.
NDX +105.90, +0.78%, closed at 13,719.
SPX +30.98, +0.74%, closed at 4,232.               
 
TSLA +1.33%, channel bounce setup.
 
SPY = all-time New High.
DIA = all-time New High.
QQQ = channel bounce.
IWM = channel bounce.
 
Ten of eleven sectors were higher on Friday and one was unchanged, led by XLE, XLRE and XLI.
 
Energy leaders: EOG, BKR, FTI, SLB, DVN
Real Estate leaders: HST, KIM, REG, FRT,
Industrials leaders: HWM, NLSN, KSU, CTAS
 
SPY up 3.05 at 422.12, on 67.7 million shares, average volume, up on slightly lower volume. 
VIX down 1.70 at 16.69
 
NKE, BA, CSCO, DIS led the DJIA, 23 advancers, -4
CNC, EOG, MCK, BKR led the SPX, 395 advancers.
MTCH, ROST, CTAS, WDC led the NDX, 80 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, QQQ, SPY, DIA,
Down:
 
Advancers strengthened on Friday as advancers led 2,490 to 842 on the NYSE and led 2,886 to 1,356 on the NASDAQ.
 
The SPY MFC green line turned up at 91.9 and is bullish.  SPY a BO to a new all-time closing high. 
 
 
Uptrend sectors:  XLF, XLI, XLB, XLP, XLV, XLE, XLRE, XLC, XLY, XLU, XLK,
Neutral sectors: 
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
 
80 of 100 NDX stocks closed higher on Friday.
 
51 NDX stocks are above their 30 DMA:   ORLY, AEP, XEL, FB, FAST, CSX, COST, CERN, SBUX, ROST, VRSN, GOOGL, ISRG, CPRT, CHKP, ALXN, IDXX, MRNA, CHTR, NTES, TCOM, MDLZ, CMCSA, KHC, PEP, ADP, BIIB, CTAS, GILD, PAYX, WBA, ASML, MXIM, TMUS, AAPL, ALGN, AMGN, CSCO, EA, FOXA, PCAR, REGN, WDC, ATVI, DLTR, LRCX, LULU, MSFT, MTCH, NVDA, QCOM,
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 8
ATVI, DLTR, LRCX, LULU, MSFT, MTCH, NVDA, QCOM,
 
Moving Below 30 DMA = 1
AMZN,
 
 
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