DJI Leads on Friday as SPX Makes All-time high...NDX Pauses After Three All-time Closing Highs...Financial Leads Sectors...

 
© 2021
 

The SPX, for a second day, made a new all-time closing high. 
 
The NDX, paused on Friday, after a new closing high three days in a row.
 
Semiconductor stocks, SMH paused at resistance on Friday. 
 
DJI +237.02, +0.69%, closed at 34,433.  NKE, UNH, PG and HD were the largest point gainers on Friday.
NDX -20.78, -0.14%, closed at 14,345.
SPX +14.21, +0.33%, closed at 4,280.
 
TSLA -1.17%, paused after a two-day breakout continuation.
 
SPY = BO to all-time high.
DIA = Channel bounce continuation.
QQQ = Pause after new all-time high.
IWM = Doji at resistance.
 
Ten of eleven sectors were higher on Friday, led by XLF, XLU and XLP.
 
Financial leaders: LNC, UNM, HBAN, WFC
Utilities leaders: EIX, NRG, AEP, CMS
Consumer Staples leaders: CLX, EL, MNST, HSY
 
 
SPY up 1.51 at 426.61, on 58.1 million shares, average volume, up on higher volume.  
VIX down .35 at 15.62
 
NKE, UNH, PG, WMT led the DJIA, 22 advancers, -6
KMX, OXY, LNC, UNM led the SPX, 375 advancers.
JD, BIDU, AEP MNST led the NDX, 63 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: DIA, SPY, IWM,
Down: QQQ,
 
Advancers weakened on Friday as advancers led 1,756 to 1,527 on the NYSE and led 2,429 to 1,911 on the NASDAQ.
 
The SPY MFC green line is pointed up at 90 and is bullish.  SPY closed at a new all-time high. 
 
 
Uptrend sectors:  XLK, XLC, XLV, XLRE, XLE, XLY, XLP, XLI, XLF, XLB,
Neutral sectors:  XLU,
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
 
63 of 100 NDX stocks closed higher on Friday.
 
71 NDX stocks are above their 30 DMA:  ALXN, TMUS, SGEN, PAYX, INTU, FB, MXIM, ADI, GOOGL, IDXX, ILMN, MRVL, ZM, NVDA, PTON, ASML, SNPS, MRNA, PYPL, AMD, EBAY, REGN, XLNX, DXCM, ADBE, BIIB, DOCU, LULU, MSFT, TEAM, ALGN, AMZN, ISRG, ANSS, CDNS, QCOM, SPLK, AAPL, CPRT, CTAS, MELI, MTCH, WDAY, INCY, NFLX, OKTA, TSLA, VRSN, ADSK, AMAT, CDW, CHTR, COST, JD, ORLY, SWKS, FOXA, BIDU, KLAC, NXPI, PDD, ROST, SBUX, SIRI, TXN, VRSK, ADP, AMGN, GILD, MDLZ, MU, 
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 5
ADP, AMGN, GILD, MDLZ, MU, 
 
 
Moving Below 30 DMA = 2
AVGO, LRCX,
 
 
Add Comments here: