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Semiconductor stocks, SMH a bull flag bounce rallied to close +1.30%.
DJI +448.23, +1.30%, closed at 34,870. GS, CAT, HON and JPM were the biggest point gainers on Friday.
SPX +48.73, +1.13%, closed at 4,369.
TSLA +0.63%, opened lower and rebroke out of May 28 resistance is a bull flag price pattern.
SPY = All-time closing high.
All eleven sectors were higher on Friday, led by XLF, XLE and XLB.
Financial leaders: DFS, STT, SIVB, COF
Energy leaders: NOV, OKE, HAL, BKR
SPY up 4.60 at 435.52, on 76.2 million shares, above average volume, up on lower volume.
VIX down 2.82 at 16.18
GS, TRV, JPM, DOW led the DJIA, 28 advancers, +23
The two-year trend term is up. The one-year trend is up.
Up: IWM, DIA, SPY, QQQ,
Advancers strengthened on Friday as advancers led 2,593 to 718 on the NYSE and led 3,356 to 1,012 on the NASDAQ.
The SPY MFC green line is pointed down at 94 and is counter-trend defensive. SPY was a bull flag bounce and closed at a new all-time high.
Uptrend sectors: XLK, XLC, XLV, XLY, XLRE, XLP, XLI, XLE, 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 a little
83 of 100 NDX stocks closed higher on Friday.
67 NDX stocks are above their 30 DMA: ALXN, TMUS, SGEN, PAYX, INTU, FB, GOOGL, IDXX, ILMN, MRVL, ZM, NVDA, PTON, 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, NFLX, OKTA, TSLA, VRSN, ADSK, AMAT, CDW, CHTR, COST, JD, ORLY, SWKS, BIDU, ROST, VRSK, ADP, AMGN, GILD, AVGO, CMCSA, PEP, AEP, CSCO, SBUX, CERN, FAST, CHKP, ASML, CSCO, MAR, SIRI, TXN,
NDX Stocks to Watch on Monday:
Moving Below 30 DMA = 0
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