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The SPX +54.00, 5,608, opened
flat, trended up and closed at its highest level in 23 days. Today was the fifth highest close for the SPX,
just 59 points below its all-time
closing high on July 16. The VIX
opened slightly higher, reversed and closed lower.
The NDX +1.32%, opened
flat, trended up and closed higher eighth straight day.
NVDA +5.42, +4.35%, after
GS reiterated its Buy rating and price target of $135.
After-hours:
PANW +8.84, +2.57%, rose on a positive EPS reaction as $1.51 beat $1.41
estimate and sales $2.189 billion beat $2.162 billion.
Mega caps NVDA, TSLA, GOOGL, MSFT,
AMZN, META rose and AAPL fell on Monday.
SPY up 5.30 at 559.61, 39.0 million shares, below average volume, C-pattern BO
continuation
VIX down .15 at 14.65
QQQ up 6.24 at 481.27
MCD, INTC, AMGN, DIS led the DJIA, 25 advancers, +3
EQT, AMD, DRI, NVDA, ALB led the SPX, 413 advancers
AMD, NVDA, ILMN, DXCM led the NDX, 92 advancers
Up: QQQ, IWM, SPY, DIA,
Down:
All eleven sectors were higher on Monday,
led by XLK, XLY and XLC.
The SPY MFC green line is
pointed up at 73.3 and is short-term bullish.
Uptrend sectors: XLV, XLP,
XLRE, XLU, XLF, XLI, XLC, XLB, XLK,
Neutral sectors: XLE, XLY,
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
92 of 100 NDX stocks
closed higher on Monday.
62 NDX stocks are above their 30
DMA: CHTR,
EA, CTAS, GILD, AEP, CTSH, ILMN, ADP, PAYX, EXC, XEL, KHC, PEP, ORLY, MDLZ, KDP,
PYPL, AZN, DASH, TMUS, MELI, ISRG, FTNT, PDD, REGN, GEHC, LIN, META, COST,
PANW, TTD, SBUX, ADSK, ANSS, CCEP, NFLX, AVGO, KLAC, NVDA, AAPL, ADBE, CMCSA,
CSCO, IDXX, INTU, MDB, MRVL, ODFL, ON, ROP, ROST, TXN, WDAY, ZS, CDNS, CEG, TTWO,
ADI, AMD, ASML, SNPS, VRTX,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 5
ADI, AMD, ASML, SNPS, VRTX,
Moving Below 30 DMA = 2
CDW, FAST,
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