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-SPX +11.75, opened higher, rallied, pulled back and closed up
for the day.
-Financial sector traded in a range at support, XLF
-0.67%
-FRC -0.88, -6.00%, KRE -1.21, -2.78%,
regional banks at support.
-VIX closed .35 higher.
-Yellen at House Appropriations Committee, correlated
with late market volatility.
-NFLX is a horizontal breakout setup after inverse H&S breakout.
-AMD, NVDA, META, FTNT, PANW, CRWD hit 3-month
high.
GLD and DXY closed higher, TLT unchanged, while /CL and
TNX moved lower.
Mega caps NVDA, META, GOOGL,
MSFT, AAPL, TSLA, AMZN rose.
SPY up 1.06 at 393.17, on 119.3
million shares, above average volume, up on higher volume.
VIX up .35 at 22.61
QQQ up 3.63 at 309.75.
INTC, MSFT, AMGN, NKE led the DJIA, 18 advancers, +18
ACN, INTU, TTWO, LRCX led the SPX, 179 advancers
NFLX, REGN, MU, MRVL led the NDX, 65 advancers.
NFLX, REGN, MU, MRVL led the NDX, 65 advancers.
The two-year trend term is sideways. The
one-year trend down a little.
Up: QQQ, SPY, DIA,
Down: IWM
Two of eleven sectors were higher on Thursday, led by XLK, XLC and
XLY.
The SPY
MFC green line turned down at 36.0 and is short-term bearish. SPY opened higher and closed higher.
Uptrend sectors: XLK, XLC,
XLY, XLB,
Neutral sectors: XLI, XLE, XLF, XLP, XLV, XLRE,
Down trend sectors: XLU,
The 6-month intermediate
trend is up a little. The ten-day trend is up a little.
3-month Intermediate Term Market
Trend: Up
3-day Short Term Market Trend: Sideways
65 of 100 NDX stocks
closed higher on Thursday.
49
NDX stock are above their 30 DMA: META,
SGEN, ANSS, CDNS, NVDA, PANW,
FTNT, CRWD, AVGO, AMD, ATVI, OKTA, ODFL, VRSK,
AAPL, ILMN, AMAT, CSCO, DXCM, INTC, MDLZ, MELI, MSFT, SNPS, GOOG, GOOGL, PEP, ADBE,
ADI, AMZN, CPRT, EA, GFS, INTU, ISRG, LRCX, TXN, VRTX, ASML, AZN, BKNG, MU, KLAC,
LULU, MCHP, NXPI, QCOM, REGN, WDAY
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 7
KLAC, LULU, MCHP, NXPI, QCOM, REGN,
WDAY
Moving Below 30 DMA = 0
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