© 2021
It was a typical narrow range 7.55 SPX points expiration Friday, something that was infrequent from April to July. Both SPX/SPY and DJI/DIA and made new all-time closing highs. SPX made its fourth consecutive all-time closing high and its sixth in the past seven trading days.
iBullyBear Mentoring clients reported making 100 to 200% in EBAY, a trade entered Friday morning in our live session and closed by some the same day. EBAY +5.13, +7.45%, 74.02.
SPY up .81, at 445.92, on 39.4 million shares, below average volume, up on similar volume.
VIX down .14 at 15.45
CRM, MSFT, DIS, UNH led the DJIA, 17 advancers, +1
The two-year trend term is up. The one-year trend is up.
Up: QQQ, SPY, DIA,
SPY = All-time high.
Seven of eleven sectors were higher on Friday, led by XLP, XLU and XLRE.
Consumer Staples leaders: TSN, KMB, PM, MDLZ
Advancers weakened slightly on Friday as decliners led 1,724 to 1,569 on the NYSE and led 2,805 to 1,579 on the NASDAQ.
The SPY MFC green line turned up at 98.2 and is bullish. SPY made a new all-time closing high.
Uptrend sectors: XLF, XLU, XLP, XLRE, XLK, XLC, XLV, XLY,
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
64 of 100 NDX stocks closed higher on Friday.
66 NDX stocks are above their 30 DMA: PAYX, INTU, GOOGL, ILMN, SNPS, MRNA, REGN, DXCM, ADBE, LULU, MSFT, TEAM, ISRG, ANSS, CDNS, QCOM, SPLK, AAPL, MELI, ADSK, CDW, COST, VRSK, ADP, PEP, FAST, CTAS, AMD, ALGN, CSCO, EXC, MRVL, HON, ASML, AVGO, CMCSA, AEP, CTSH, XEL, KLAC, XLNX, ADI, NXPI, TSLA, CHTR, SGEN, MCHP, FB, CSX, FOXA, FISV, MNST, BKNG, DLTR, GILD, ROST, WBA, BIIB, CERN, DOCU, NVDA, WDAY, CHKP, EBAY, MDLZ, MXIM,
NDX Stocks to Watch on Monday:
Moving Below 30 DMA = 1
IDXX,
Add Comments here:
No comments:
Post a Comment