© 2024
The SPX +13.80, 5,360, opened slightly lower, reversed, trended up and closed at a new
all-time closing high. The NDX +0.39%
also opened lower, reversed and made a new all-time closing high.
Breadth strengthened on Monday.
NVDA +0.90, +0.75%, 1,21.79, opened slightly lower after its 10 for 1 split, pulled
back in the first 30 minutes of trading, reversed and closed higher.
VIX rose on Monday before the CPI report
Wednesday BMO, the FOMC announcement Wed at 2 pm ET and press
conference at 2:30 pm ET.
Mega caps META, AMZN, MSFT, NVDA,
GOOGL rose and AAPL, TSLA fell on Monday.
SPY up 1.65 at 535.65 on 35.7 million
shares, below average volume.
VIX up 0.52 at 12.74
QQQ up 1.87 at 464.83
HD, WMT, AMZN, DIS led the DJIA, 17 advancers, +2
CEG, LUV, ENPH, FSLR, MHK led the SPX, 281 advancers
CEG, CRWD, LRCX, KLAC led the NDX, 60 advancers
Up: QQQ, IWM, SPY, DIA,
Down:
Eight of eleven sectors were higher on Monday, led by XLU, XLE
and XLRE.
The SPY
MFC green line is pointed up at 94.9 and is short-term bullish.
Uptrend sectors: XLU, XLP,
XLC, XLK, XLI, XLF, XLB, XLE,
Neutral sectors: XLY, XLV, XLRE,
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 a little
60 of 100 NDX stocks
closed higher on Monday.
63 NDX stocks are above their 30
DMA: AZN,
GOOGL, KDP, PDD, MRNA, TXN, NXPI, TSLA, COST, AMGN, TTD, VRSK, AAPL, ADI, ON,
QCOM, REGN, AMAT, BKNG, KLAC, NVDA, FANG, NFLX, SNPS, VRTX, ISRG, CHTR, MU, AMD,
BKR, TMUS, TTWO, EA, CDW, ROST, BIIB, HON, WBD, CCEP, CMCSA, META, ROP, SBUX, MSFT,
ADSK, AVGO, CRWD, LIN, LRCX, PCAR, ZS, ADP, AMZN, ILMN, PYPL, BKR, CEG, CTAS,
CTSH, IDXX, INTC, MCHP, PANW, XEL,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 9
BKR, CEG, CTAS, CTSH, IDXX, INTC, MCHP,
PANW, XEL,
Moving Below 30 DMA = 4
CMCSA, ILMN, LIN, PAYX,
Add Comments here:
No comments:
Post a Comment