Monday, January 3, 2022

SPX, DJI All-time Closing High as NDX Nears All-time High...Energy, Discretionary Lead Sectors...TSLA Leads NDX, SPX...

 
 
© 2022
 
 
The SPX and DJI both made a new all-time closing high on Monday.
 
SPX closed at 4,796 +30.38.
NDX closed at 16,501, +181.69.
 
 
SPY up 2.75 at 477.71, on 72.6 million shares, below average volume, up on higher volume.   
VIX down 0.62 at 16.60
QQQ up 3.83, +0.96% at 401.68.
 
GS, INTC, BA, AXP led the DJIA, 22 advancers, +14
DISCA, FTI, OXY, NCLH led the SPX, 251 advancers.
TSLA, LCID, AMD, XLNX led the NDX, 50 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, QQQ, DIA, SPY,
Down:  
 
Five of eleven sectors were higher on Monday, led by XLE, XLY and XLF.
 
Energy leaders: FTI, OXY, SLB, HAL
Consumer Discretionary leaders: TSLA, NCLH, CCL, RCL
Financial leaders: WFC, C, CFG, RF
 
Advancers strengthened on Monday as advancers led 1,932 to 1,443 on the NYSE and led 3,305 to 1,418 on the NASDAQ.
 
The SPY MFC green line turned down at 92.3 and is counter-trend defensive.  SPY closed at an all-time 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 TrendSideways
 
50 of 100 NDX stocks closed higher on Monday.
 
65 NDX stocks are above their 30 DMA:  DLTR, AVGO, AAPL, COST, LRCX, MU, GILD, VRTX, CSCO, ORLY, XEL, MRVL, PEP, AEP, AMGN, CTSH, WBA, CERN, MNST, MDLZ, INCY, KDP, PAYX, SIRI, VRSN, CHKP, PANW, AMAT, ATVI, BKNG, CDNS, CSX, EA, EXC, FISV, IDXX, ILMN, INTC, ISRG, KLAC, MAR, MCHP, NXPI, QCOM, SNPS, ADP, ALGN, FB, KHC, MSFT, TSLA, ADSK, ASML, MELI, PCAR, ROST, SBUX, CMCSA, BIIB, BIDU, MTCH, AMD, ABNB, PYPL, SGEN, SPLK, SWKS, XLNX, 
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 7
AMD, ABNB, PYPL, SGEN, SPLK, SWKS, XLNX,  
 
 
Moving Below 30 DMA = 12
ANSS, CHTR, CPRT, CTAS, DDOG, FAST, FTNT, HON, OKTA, TEAM, TMUS, VRSK,
 
 
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1 comment:

TraderBobb said...

Happy New Year Dave:
Thanks so much for all you do.
Robert
CANI_212