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QQQ and SPY made new all-time closing highs again on Monday. SPX closed above 4,500 for the second
time and NDX closed above 15,600 on Monday as markets continued Monday,
the rally that started Friday.
SPY up 1.98 at 452.23, on 48.3 million shares, below average volume, up on lower volume.
VIX down .20 at 16.19
QQQ up 4.22, +1.12% at 380.26
AAPL, MSFT, HD, KO led the DJIA, 15 advancers, -8
ETSY, HPQ, PKI, BAX led the SPX, 246 advancers.
PYPL, IDXX, TSLA ISRG led the NDX, 70 advancers.
The two-year trend term is up. The one-year trend is up.
Up: QQQ, SPY,
Down: DIA, IWM,
SPY = BO to
all-time high
DIA = Channel
bounce pause
QQQ = BO
to all-time high
IWM = Mid-channel
pullback
Seven
of eleven
sectors were higher on Monday, led by XLRE,
XLK and XLY.
Real Estate leaders: DRE, AMT, ESS, EQIX
Technology leaders: PYPL,
AAPL, HPQ, ENPH
Consumer Discretionary leader: ETSY,
TSLA, POOL, AMZN
Advancers weakened on Monday as decliners led 1,872 to 1,409
on the NYSE and led 2,387 to 2,039
on the NASDAQ.
The SPY MFC green line
is pointed up at 96 and is bullish. SPY is an all-time closing high.
Uptrend sectors: XLK, XLV, XLC, XLU, XLP, XLRE, XLF,
XLY,
Neutral sectors: XLI, XLB,
Down trend sectors: XLE,
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
70 of 100 NDX stocks
closed higher on Monday.
73 NDX stocks are above their 30 DMA: INTU, GOOGL, ILMN, SNPS,
REGN, DXCM, ADBE, MSFT, TEAM, ISRG, CDNS, QCOM, SPLK, MELI, CDW, COST, VRSK, AMD,
ALGN, CSCO, EXC, ASML, CMCSA, AEP, CTSH, XLNX, CHTR, SGEN, MCHP, CSX, FISV,
MNST, GILD, WBA, BIIB, EBAY, CHKP, FAST, LULU, MRVL, NFLX, NVDA, AAPL, FB,
FOXA, NXPI, TSLA, AVGO, EA, KLAC, TCOM, BKNG, HON, JD, OKTA, PDD, CRWD, AMAT,
ANSS, CPRT, CTAS, DOCU, INTC, KDP, PAYX, TXN, VRTX, AMZN, IDXX, PYPL, QCOM, SWKS,
VRSN, XEL,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 7
AMZN, IDXX, PYPL, QCOM,
SWKS, VRSN, XEL,
Moving Below 30 DMA = 1
MRNA,
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