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The SPX made a new all-time closing high for the fifth day in a row. The NDX, formed a doji after making an all-time closing high in five of the last six days.
Semiconductor stocks, SMH closed at a new all-time high for the third day in a row.
DJI +210.22, +0.61%, closed at 34,502. GS, BA, WMT and HON were the largest point gainers on Wednesday.
SPX +5.70, +0.13%, closed at 4,297.
TSLA -0.16%, formed a doji in a five-day pennant.
SPY = All-time high.
Three of eleven sectors were higher on Wednesday, led by XLE, XLP and XLI.
Energy leaders: COG, SWN, DVN, NOV
Consumer Staples leaders: SYY, WMT, MO, LW
SPY up .36 at 428.06, on 64.7 million shares, above average volume, up on higher volume.
VIX down .19 at 15.83
WMT, GS, BA, HON led the DJIA, 25 advancers, +13
The two-year trend term is up. The one-year trend is up.
Up: DIA, SPY, IWM,
Advancers strengthened on Wednesday as advancers led 1,927 to 1,428 on the NYSE and decliners led 2,382 to 2,012 on the NASDAQ.
The SPY MFC green line is pointed up at 97.6 and is bullish. SPY closed at a new all-time high.
Uptrend sectors: XLK, XLC, XLV, XLRE, XLE, XLY, XLP, XLI, XLF, XLB,
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
41 of 100 NDX stocks closed higher on Wednesday.
75 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, BIDU, KLAC, NXPI, ROST, SIRI, TXN, VRSK, ADP, AMGN, GILD, MU, ATVI, AVGO, EA, LRCX, CMCSA, NTES, PDD, PEP,
NDX Stocks to Watch on Thursday:
Moving Below 30 DMA = 3
INTC, MCHP, SBUX,
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