Thursday, December 30, 2021

SPX, DJI Close Lower after All=time Intra-day High...Real Estate Leads Sectors...

  
© 2021
 
 
The SPX and DJI both made a new all-time intra-day high on Thursday.
 
SPX closed at 4,778 -14.33.
NDX closed at 16,429, -61.91.
 
 
SPY down 1.32 at 476.16, on 55.3 million shares, below average volume, down on slightly higher volume.    
VIX up .38 at 17.33
QQQ down 1.20, -0.30% at 400.35.
 
DIS, JNJ, IBM, WMT led the DJIA, 7 advancers, -15
PENN, TWTR, VIAC, MTCH led the SPX, 182 advancers.
BIDU, PDD, NTES, PTON led the NDX, 40 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up:
Down: IWM, DIA, SPY, QQQ,
 
Four of eleven sectors were higher on Thursday, led by XLRE, XLC and XLU.
 
Real Estate leaders: VNO, VTR, KIM, BXP
Communication Services leaders: TWTR, VIAC MTCH, DISCA
Utilities leaders: EXC, PNW, NEE, ES
 
Advancers strengthened on Thursday as advancers led 1,847 to 1,472 on the NYSE and led 2,710 to 1,931 on the NASDAQ.
 
The SPY MFC green line continued up at 93.5 and is bullish.  SPY inched to an all-time intra-day high on Thursday. 
 
 
Uptrend sectorsXLV, XLK, XLRE, XLP, XLU, XLB, XLY, XLE, XLI, XLF,
Neutral sectors: 
Down trend sectors: XLC,
 
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 TrendSideways
 
40 of 100 NDX stocks closed higher on Thursday.
 
72 NDX stocks are above their 30 DMA:  DLTR, AVGO, AAPL, COST, LRCX, MU, GILD, VRTX, CSCO, FAST, ORLY, XEL, MRVL, PEP, AEP, AMGN, CTSH, WBA, CERN, MNST, MDLZ, INCY, TMUS, KDP, PAYX, SIRI, VRSN, CHKP, FTNT, PANW, AMAT, ANSS, ATVI, BKNG, CDNS, CSX, EA, EXC, FISV, IDXX, ILMN, INTC, ISRG, KLAC, MAR, MCHP, NXPI, QCOM, SNPS, ADP, DDOG, GOOGL, ALGN, FB, KHC, MSFT, TSLA, VRSK, ADSK, ASML, CPRT, MELI, PCAR, ROST, SBUX, CHTR, CMCSA, BIIB, REGN, SWKS, BIDU, MTCH, PYPL, TEAM, ZS,
 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 5
BIDU, MTCH, PYPL, TEAM, ZS,
  
Moving Below 30 DMA = 3
AMD, CTAS, XLNX,
 
 
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Wednesday, December 29, 2021

SPX, DJI Inch to All-time Closing Highs as WBA, NKE, HD Lead DJI...Real Estate, Health Care Lead Sectors...

 
© 2021
 
 
The SPX and DJI both made a new all-time closing high on Wednesday.
 
SPX closed at 4,793 +6.71, a new closing high.
NDX closed at 16,491, +2.35.
 
 
SPY up .61 at 477.48, on 54.4 million shares, below average volume, up on higher volume.  SPY made an all-time closing high. 
VIX down .59 at 16.95
QQQ down .06, -0.01% at 401.55.
 
WBA, NKE, HD, JNJ led the DJIA, 22 advancers, -0
WDC, SWN, PHM, TSCO led the SPX, 342 advancers.
BIIB, MU, MRNA, SPLK led the NDX, 59 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: DIA, SPY, IWM,
Down: QQQ,
 
Eight of eleven sectors were higher on Wednesday, led by XLRE, XLV and XLU.
 
Real Estate leaders: WY, EXR, MAA, DRE
Health Care leaders: BIIB, MRNA, CTLT, MTD
Utilities leaders: EXC, ATO, NI, CMS
 
Advancers strengthened on Wednesday as advancers led 1,870 to 1,461 on the NYSE and decliners led 2,736 to 1,911 on the NASDAQ.
 
The SPY MFC green line continued up at 90.6 and is bullish.  SPY inched to a new all-time closing high on Wednesday. 
 
 
Uptrend sectorsXLV, XLK, XLRE, XLP, XLU, XLB, XLY, XLE, XLI, XLF,
Neutral sectors: 
Down trend sectors: XLC,
 
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
 
59 of 100 NDX stocks closed higher on Wednesday.
 
70 NDX stocks are above their 30 DMA:  DLTR, AVGO, AAPL, COST, LRCX, MU, GILD, VRTX, CSCO, FAST, ORLY, XEL, MRVL, PEP, AEP, AMGN, CTSH, WBA, CERN, MNST, MDLZ, INCY, TMUS, KDP, PAYX, SIRI, VRSN, CHKP, FTNT, PANW, AMAT, ANSS, ATVI, BKNG, CDNS, CSX, EA, EXC, FISV, IDXX, ILMN, INTC, ISRG, KLAC, MAR, MCHP, NXPI, QCOM, SNPS, ADP, DDOG, GOOGL, ALGN, FB, KHC, MSFT, TSLA, VRSK, ADSK, AMD, ASML, CPRT, CTAS, MELI, PCAR, ROST, SBUX, XLNX, CHTR, CMCSA, BIIB, REGN, SWKS,
 
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 3
BIIB, REGN, SWKS,  
 
Moving Below 30 DMA = 2
TEAM, ZS,
 
 
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Tuesday, December 28, 2021

DJI Rises as NDX, SPX and RUT Pause...Utilities, Materials Lead Sectors...

 
 
© 2021
 
 
DJI rallied for a fifth day on Tuesday, as SPX, NDX and RUT paused after rising for four straight days.
 
SPX closed at 4,786 -4.84, a pause day after a breakout to a new high on Monday.
NDX closed at 16,488, -78.84.
 
 
SPY down .39 at 476.87, on 47.2 million shares, below average volume, down on lower volume.  SPY made an all-time intra-day high and closed slightly lower. 
VIX down .14 at 17.54
QQQ down 1.87, -0.46% at 401.61.
 
DIS, BA, WMT, WBA led the DJIA, 22 advancers, -0
CPB, BLL, AAL, VLO led the SPX, 305 advancers.
ATVI, EXC, MELI, AEP led the NDX, 38 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: DIA,
Down: SPY, QQQ, IWM,
 
 
Seven of eleven sectors were higher on Tuesday, led by XLU, XLB and XLP.
 
Utilities leaders: EXC, AWK, FE, AEP
Materials leaders: BLL, IFF, DOW, LYB
Consumer Staples leaders: CPB, CAG, KR, WMT 
 
Advancers weakened on Tuesday as decliners led 1,731 to 1,602 on the NYSE and led 3,058 to 1,575 on the NASDAQ.
 
The SPY MFC green line continued up at 83 and is bullish.  SPY is a pause day after an HBO to a new all-time closing high on Monday. 
 
 
Uptrend sectorsXLV, XLK, XLRE, XLP, XLU, XLB, XLY, XLE, XLI, XLF,
Neutral sectors: 
Down trend sectors: XLC,
 
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
 
38 of 100 NDX stocks closed higher on Tuesday.
 
69 NDX stocks are above their 30 DMA:  DLTR, AVGO, AAPL, COST, LRCX, MU, GILD, VRTX, CSCO, FAST, ORLY, XEL, MRVL, PEP, AEP, AMGN, CTSH, WBA, CERN, MNST, MDLZ, INCY, TMUS, KDP, PAYX, SIRI, VRSN, CHKP, FTNT, PANW, AMAT, ANSS, ATVI, BKNG, CDNS, CSX, EA, EXC, FISV, IDXX, ILMN, INTC, ISRG, KLAC, MAR, MCHP, NXPI, QCOM, SNPS, ADP, DDOG, GOOGL, ALGN, FB, KHC, MSFT, TSLA, VRSK, ADSK, AMD, ASML, CPRT, CTAS, MELI, PCAR, ROST, SBUX, TEAM, XLNX, ZS, CHTR, CMCSA,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 2
CHTR, CMCSA,
 
Moving Below 30 DMA = 5
INTU, MTCH, NVDA, PYPL, TXN,
 
 
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Monday, December 27, 2021

NDX, SPX Lead...SPX New All-time Closing High...Energy, Technology Lead Sectors...AMD, FTNT Lead NDX...

 
 
© 2021
 
 
NDX, SPX, DJI, RUT all rallied for a fourth day on Monday, closing above Thursday’s high on each chart.
 
SPX closed at 4,791 +65.40, a new all-time closing high.
NDX closed at 16,567, +259.29, just six points below its all-time closing high on November 19.
 
 
SPY up 6.66 at 477.26, on 56.7 million shares, below average volume, up on similar volume.  SPY closed at an all-time closing high. 
VIX down .28 at 17.68
QQQ up 6.56, +1.65% at 403.48, its second highest close.
 
MSFT, AAPL, CVX, CRM led the DJIA, 27 advancers, +2
APA, DVN, SWN, EPAM led the SPX, 452 advancers.
AMD, FTNT, AMAT, KLAC led the NDX, 80 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ, SPY, DIA, IWM,
Down:
 
 
All eleven sectors were higher on Monday, led by XLE, XLK and XLRE.
 
Energy leaders: APA, DVN, SWN, FANG
Technology leaders: AMD, FTNT, EPAM, AMAT
Real Estate leaders: DRE, CCI, WY, PLD 
 
Advancers weakened on Monday as advancers led 2,271 to 1,073 on the NYSE and led 2,422 to 2,264 on the NASDAQ.
 
The SPY MFC green line continued up for a second day at 69.2 and is bullish.  SPY is an HBO at new all-time closing high. 
 
 
Uptrend sectorsXLV, XLK, XLRE, XLP, XLU, XLB, XLY, XLE, XLI, XLF,
Neutral sectors: 
Down trend sectors: XLC,
 
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
 
80 of 100 NDX stocks closed higher on Monday.
 
72 NDX stocks are above their 30 DMA:  DLTR, AVGO, AAPL, COST, LRCX, MU, GILD, VRTX, CSCO, FAST, ORLY, XEL, MRVL, PEP, AEP, AMGN, CTSH, WBA, CERN, MNST, MDLZ, INCY, TMUS, KDP, PAYX, SIRI, VRSN, CHKP, FTNT, PANW, AMAT, ANSS, ATVI, BKNG, CDNS, CSX, EA, EXC, FISV, IDXX, ILMN, INTC, ISRG, KLAC, MAR, MCHP, NXPI, QCOM, SNPS, ADP, DDOG, GOOGL, ALGN, FB, KHC, MSFT, TSLA, VRSK, ADSK, AMD, ASML, CPRT, CTAS, INTU, MELI, MTCH, NVDA, PCAR, PYPL, ROST, SBUX, TEAM, TXN, XLNX, ZS,
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 17
ADSK, AMD, ASML, CPRT, CTAS, INTU, MELI, MTCH, NVDA, PCAR, PYPL, ROST, SBUX, TEAM, TXN, XLNX, ZS,
 
Moving Below 30 DMA = 0
 
 
 
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Thursday, December 23, 2021

RUT, NDX Lead Day 3 Rally...SPX New All-time Closing High...Discretionary Leads Sectors...TSLA Leads NDX...

  
© 2021
 
 
RUT, NDX, SPX, DJI all rallied for a third day on Thursday, closing above Wednesday’s high on each chart. SPX closed at 4,725 +29.23, a new all-time closing high.  The NDX closed at 16,308, +128.07
 
 
SPY up 2.91 at 470.60, on 56.4 million shares, below average volume, up on similar volume.  
VIX down .67 at 17.96
QQQ up 2.97, +0.25% at 396.92
 
CAT, DOW, HON, MMM led the DJIA, 25 advancers, -1
GCI, VIAC, LVS, CTXS led the SPX, 394 advancers.
TSLA, MU, MELI, PTON led the NDX, 83 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, QQQ, SPY, DIA,
Down:
 
 
Nine eleven sectors were higher on Thursday, led by XLY, XLI and XLB.
 
Consumer Discretionary leaders: TSLA, LVS, WYNN, DRI
Industrials leaders: HWM, FTV, FBHS, TDG
Materials leaders: LYB, FCX, DD, NEM 
 
Advancers were mixed and slightly stronger on Thursday as advancers led 2,283 to 1,061 on the NYSE and led 3,230 to 1,446 on the NASDAQ.
 
The SPY MFC green line turned up at 58.1 and is bullish.  SPY is an HBO setup for a potential new all-time high. 
 
 
Uptrend sectorsXLV, XLK, XLRE, XLU, XLP, XLB, XLY, XLE, XLI, XLF,
Neutral sectors: 
Down trend sectors: XLC,
 
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
 
83 of 100 NDX stocks closed higher on Thursday.
 
55 NDX stocks are above their 30 DMA:  DLTR, AVGO, AAPL, COST, LRCX, MU, GILD, VRTX, CSCO, FAST, ORLY, XEL, MRVL, PEP, AEP, AMGN, CTSH, WBA, CERN, MNST, MDLZ, INCY, TMUS, KDP, PAYX, SIRI, VRSN, CHKP, FTNT, PANW, AMAT, ANSS, ATVI, BKNG, CDNS, CSX, EA, EXC, FISV, IDXX, ILMN, INTC, ISRG, KLAC, MAR, MCHP, NXPI, QCOM, SNPS, ADP, DDOG, GOOGL, ALGN, FB, KHC, MSFT, TSLA, VRSK,
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 6
ALGN, FB, KHC, MSFT, TSLA, VRSK,
 
Moving Below 30 DMA = 0
 
 
 
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