Tuesday, December 19, 2023

SPX 4,768, 52-week High...Energy, Communication Services, Basic Materials Lead all Sectors Higher...FDX Lower After-hours...

 
© 2023


The SPX +27.81 opened slightly higher and traded to a new 52-week high.  ENPH, W, SQ, NAIL, UPST, ETSY and FAS were among Tuesday’s leading gainers.

After hours:  FDX -27.40, -9.79%, miss on EPS and revenues.


Mega caps TSLA, META, GOOGL, AAPL, MSFT rose, and AMZN, NVDA fell on Tuesday.


SPY up 2.87 at 474.84 on 55.7 million shares, below average volume, closed higher on lower volume.
VIX down .03 at 12.53
QQQ up 2.08 at 409.16


WBA, CAT, INTC, AXP led the DJIA, 19 advancers, +5
ENPH, CTLT, EL, PFE led the SPX, 397 advancers 
ILMN, MRNA, SIRI, WBD led the NDX, 67 advancers.

The two-year trend term is sideways.  The one-year trend is up.

Up:  IWM, DIA, SPY, QQQ,
Down


All eleven sectors were higher on Tuesday, led by XLE, XLC and XLB.

The SPY MFC green line is sideways at 96.5 and is short-term bullish. 

Uptrend sectors:   XLC, XLK, XLF, XLY, XLI, XLRE, XLB, XLE,
Neutral sectors:  XLV, XLU, XLP,
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


67 of 100 NDX stocks closed higher on Tuesday.

93 NDX stocks are above their 30 DMA:  FAST, LULU, DLTR, INTC, AEP, AMZN, CRWD, CTAS, ROST, TMUS, ASML, DXCM, KDP, KLAC, MDLZ, MELI, SNPS, AMD, HON, QCOM, AAPL, AMAT, EA, KHC, LRCX, COST, CSGP, PCAR, PDD, WDAY, ZS, BKNG, DDOG, INTU, MAR, ADI, IDXX, ISRG, MCHP, PAYX, ABNB, CSX, CTSH, NXPI, PYPL, TSLA, TXN, XEL, WBD, ADP, PANW, MRNA, ADSK, TEAM, REGN, AMGN, GILD, ILMN, ON, BIIB, WBA, AVGO, CMCSA, NFLX, MRVL, MU, TTD, ANSS, CDNS, FTNT, GEHC, GFS, SIRI, AZN, META, NVDA, VRTX, CSCO, MSFT, ODFL, CCEP, CDW, DASH, MDB, ROP, SPLK, TTWO, BKR, FANG, GOOGL, MNST, PEP, CEG,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
CEG,


Moving Below 30 DMA = 0




Add Comments here:

No comments: