Friday, November 5, 2021

RUT, DJI, SPX, NDX All-time Closing High...Cruise Lines, Airlines, Entertainment stocks Rise...Energy, Industrials Lead Sectors...

 
 
© 2021
 
 
IWM, DIA, SPY, QQQ opened higher and closed at all-time highs once again on Friday.  Cruise lines RCL, CCL, NCLH, airlines DAL, UAL, AAL and entertainment stocks LVS, WYNN, MGM were among the top 17 SPX stocks on Friday.
 
 
Monday: SPX, DJIA, NDX all-time closing high
Tuesday: SPX, DJIA, NDX, RUT all-time closing high, RUT HBO 9-month channel
Wednesday: SPX, DJIA, NDX, RUT all-time closing high, FOMC announced, as expected, its tapering process to begin this month.
Thursday: NDX, SPX all-time closing high
Friday BMO: Nonfarm Payrolls 5531K > 400K consensus, RUT, DJIA, SPX, NDX all-time closing high
 
 
SPX closed at 4,697, and NDX closed at 16,359.
 
SPY up 1.62 at 468.53, on 66.3 million shares, below average volume, up on higher volume.  
VIX up 1.04 at 16.48
QQQ up .38, +0.10% at 398.60
 
 
BA, V, DIS, AXP led the DJIA, 19 advancers, +5
EXPE, LYV, PFE, RCL led the SPX, 324 advancers.
BKNG, TCOM, MELI, QCOM led the NDX, 56 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, DIA, SPY, QQQ,
Down:
 
SPY = all-time closing high
DIA = all-time closing high
QQQ = all-time closing high
IWM = all-time closing high
 
Ten of eleven sectors were higher on Friday, led by XLE, XLI and XLU.
 
Energy leaders: EOG, MPC, MRO, COP
Industrials leaders: DAL, HWM, UAL, ALK
Utilities leaders: ED, VLO, OKE, HFC
 
Advancers strengthened on Friday as advancers led 2,229 to 1,132 on the NYSE and led 2,515 to 2,113 on the NASDAQ.
 
The SPY MFC green line is flat at 98.2 and is bullish.  SPY is a new all-time closing high. 
 
 
Uptrend sectorsXLY, XLK, XLB, XLI, XLP, XLRE,  XLE, XLF, XLV,
Neutral sectors:  XLC, 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 TrendUp
 
56 of 100 NDX stocks closed higher on Friday.
 
78 NDX stocks are above their 30 DMA:  NFLX, TSLA, MAR, SGEN, DLTR, PAYX, ADP, CSX, TEAM, CTAS, MRVL, NTES, PEP, VRSK, XLNX, SPLK, AMD, CRWD, MSFT, WDAY, ADSK, ANSS, AVGO, CPRT, CTSH, EXC, NVDA, AAPL, ADBE, COST, INTU, LULU, CDNS, DXCM, QCOM, AEP, EA, ISRG, MDLZ, SNPS, CSCO, GOOGL, REGN, ASML, ADI, AMAT, CDW, HON, KDP, KLAC, NXPI, PTON, ROST, SIRI, CERN, EBAY, OKTA, VRSN, ALGN, AMGN, KHC, LRCX, MCHP, MU, AMZN, BIIB, INCY, TMUS, VRTX, WBA, BKNG, MELI, MTCH, SBUX,
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 4
BKNG, MELI, MTCH, SBUX,
 
 
Moving Below 30 DMA = 5
 DOCU, ILMN, JD, SWKS, ZM,
 
 
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1 comment:

Ben W. said...

I Appreciate you, Dave!