© 2024
The SPX -19.27 opened flat, traded in a range on lighter volume and closed
lower in a day one pull back above Thursday’s S-1 level. AMZN did replace
WBA in the DJIA, today.
BRK/B -8.08, -1.94%, made an all-time today before reversing and closing lower
after reporting strong earnings on Saturday.
PANW +20.69, +7.33%, continued to recover from Wednesday’s -29% gap down on
lowered guidance. Over the past three
days PANW has recovered +15.5%.
PCE inflation report
Thursday at 8:30 am ET BMO.
Mega caps TSLA, NVDA rose
and AMZN, META, MSFT, AAPL, GOOGL fell on Monday.
SPY down 1.86 at 505.99 on 50.3 million shares, below average volume, closed lower
on lower volume.
VIX down .01 at 13.74
QQQ down .23 at 436.55
CRM, WMT, AXP, CAT led the DJIA, 5 advancers, -16
PANW, DPZ, FIS, AMAT, STLD led the SPX, 162 advancers
PANW, CCEP, MU, TSLA led the NDX, 47 advancers
The two-year trend term is sideways. The
one-year trend is up.
Up: IWM,
Down: QQQ, DIA, SPY,
Three of eleven sectors were up on Monday, led by XLE, XLY and
XLK
The SPY
MFC green line is flat at 89 and is counter-trend defensive.
Uptrend sectors: XLK,
XLV, XLI, XLC, XLF, XLP, XLY, XLRE, XLB,
Neutral sectors: XLU, XLE,
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 Trend: Up
47 of 100 NDX stocks
closed higher on Monday.
68 NDX stocks are above their 30
DMA: CTAS,
ROST, COST, ISRG, REGN, AVGO, META, SPLK,
ADP, ADSK, NVDA, AMZN, DASH, LRCX, MSFT, NFLX, WDAY, CDNS, ORLY, AMAT, ASML,
CDW, FAST, INTU, KLAC, PCAR, ABNB, SNPS, CEG, CSX, DLTR, ODFL, IDXX, NXPI, GEHC,
PAYX, SBUX, ON, QCOM, TTD, EA, FANG, AEP, CTSH, MAR, ROP, CCEP, EXC,
HON, TMUS, TXN, AMD, ANSS, CPRT, CRWD, DDOG, FTNT, MDB, MU, AZN, BKR, CSGP, VRTX, LULU, MRVL, TSLA, ZS,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
LULU, MRVL, TSLA, ZS,
Moving Below 30 DMA = 3
MDLZ, PEP, VRSK,
Add Comments here:
No comments:
Post a Comment