© 2024
The SPX -10.67, 5,732, opened
flat, traded in a range, made an intra-day all-time high at 5,741 before
closing slightly lower. SPX closed
above 5,700 for the fifth day.
The NDX +0.14% traded
in narrow range and closed slightly higher.
NVDA +2.64, +2.18%, opened
higher, trended up and closed higher as semiconductor stocks continued to
bounce on Wednesday.
AVGO +.68, +0.39%, rallied
with semiconductor stocks.
After-hours:
MU +14.16, +14.79%, after an EPS and revenue beat and strong
guidance.
Mega caps NVDA, TSLA, META, MSFT rose and AAPL, BRK/B, GOOGL, AMZN fell on Wednesday.
SPY down 1.62 at 569.67, 44.1 million
shares, below average volume
VIX up .02 at 15.41
QQQ up .45 at 485.82
INTC,
CRM, WMT, HON led the DJIA, 12 advancers, -7
VST,
HPE, DELL, J led
the SPX, 132 advancers
CEG, INTC, AMD, ARM led the NDX, 35 advancers
Up: QQQ,
Down: SPY, DIA, IWM,
Two
of eleven sectors were higher on Wednesday, led by XLU, XLK and XLP
The SPY
MFC green line is pointed up at 93.7 and is short-term bullish. +1.3
Uptrend sectors: XLV, XLP,
XLRE, XLU, XLF, XLI, XLY, XLC, XLB, XLK,
Neutral sectors:
Down trend sectors: XLE,
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
35 of 100 NDX stocks closed higher on Wednesday.
65 NDX stocks are above their 30
DMA: CTAS, GILD, AEP, ADP, PAYX, EXC, XEL, MDLZ, KDP, PYPL, DASH,
MELI, ISRG, FTNT, GEHC, COST, TTD, ADSK, NFLX, CSCO, MRVL, BKNG, MAR, MDB, MNST,
AMZN, FAST, IDXX, LIN, PCAR, TSLA, AMD, ARM, MSFT, ADI, AVGO, CEG, CRWD, CDNS, META,
PCAR, WBD, ABNB, QCOM, TXN, INTC, BKR, CMCSA, DDOG, TEAM, AAPL, ANSS, CPRT,
GOOGL, HON, TMUS, TXN, AMAT, ODFL, NVDA, ORLY, PDD, ROST, LRCX, MU, SBUX,
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 3
LRCX, MU, SBUX,
Moving Below 30 DMA = 6
AMGN,
CCEP, CDW, CSX, LULU, ROP,
Add Comments here:
No comments:
Post a Comment