© 2022
SPX, NDX, and DJI fell Tuesday as Russia / Ukraine tensions
continued.
SPY down 4.66 at 429.57, on 132.6 million shares, average volume, down on lower volume.
VIX up 1.06 at 28.81
QQQ down 3.43 at 338.08
MCD, AMGN, TRV, HON led the DJIA, 5 advancers, -3
MDT, CARR, PPL, BAX led the SPX, 115 advancers.
KHC, SGEN, OKTA, DXCM led the NDX, 31 advancers.
The two-year trend term is up. The one-year trend is up.
Up:
Down: QQQ, SPY, IWM, DIA,
All eleven
sectors were lower on Tuesday, led by XLU,
XLV and XLRE
Utilities leaders: PPL,
CNP, SO, AEP
Healthcare leaders: MDT, BAX, DXCM, ILMN
Real Estate leaders: SBAC,
ARE, MAA, UDR
Advancers weakened on Tuesday as decliners led 2,599 to 750
on the NYSE and led 3,593 to 1,198
on the NASDAQ.
The SPY MFC green line
is turned down at 31.4 and is short-term bearish. SPY closed at a
3-month closing low, but above Jan 24 intra-day low.
Uptrend sectors: XLE, XLP, XLF,
Neutral sectors: XLU, XLI, XLB, XLRE, XLV,
XLK, XLY,
Down trend sectors: XLC,
The 6-month intermediate trend is up. The
ten-day trend is down.
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Down
31 of 100 NDX stocks
closed higher on Tuesday.
12 NDX stocks are above their 30 DMA: ATVI, EXC, BKNG, TMUS,
DDOG, MAR, DLTR, ABNB, MU, KHC, KDP, AZN,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 0
AZN added to NDX today
Moving Below 30 DMA = 5
BIDU, CHTR, COST, CSCO, ORLY,
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1 comment:
Wow. “And there 12” above their 30 day moving average.
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