Friday, November 29, 2024

SPX 6,032, DJI 44,910 Closed at All-time High...Consumer Discretionary, Technology, Industrials Lead Sectors on Friday...


© 2024


SPX +33.64, 6,032, recovered Wednesday’s pullback and closed at a new all-time closing high.  Markets closed at 1 pm ET, a half day of trading on Friday.  The DJI closes at 44,910, also a new all-time closing highThe RUT +0.35% closed slightly higher on Friday.

NDX +0.90% recovered Wednesday’s pullback and closed higher.

SMCI -2.43, -0.93%, pulled back again after Wednesday’s bounce, forming a three-day bull flag pattern.

DELL +3.21, +2.58%, is a gap down reversal breakout after a negative EPS reaction.

HPQ +0.77, +2.22%, formed a piercing line candle and is a channel bounce setup after a negative EPS reaction.

Mega caps TSLA, NVDA, AMZN, AAPL, META, MSFT rose and BRK/B, GOOGL fell on Friday.


SPY up 3.72 at 602.55, 30.1 million shares, below average volume,
VIX down .59 at 13.51, fell -.20 on Thursday in global trading.
QQQ up 4.44 at 509.74

NVDA, BA, HON, AMZN led the DJIA, 20 advancers, +8      
RL, TSLA, FSLR, VST, LVS led the SPX, 298 advancers
TSLA, LRCX, MRVL, ASML led the NDX, 69 advancers

Up:  QQQ, SPY, DIA, IWM,
Down: 

The SPY MFC green line moved up to 92.7 and is short-term bullish. +3.6.

Ten of eleven sectors were higher on Friday, led by XLY, XLK and XLI. 

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


69 of 100 NDX stocks closed higher on Friday.

65 NDX stocks are above their 30 DMA:  DASH, CSCO, BKNG, FAST, TMUS, ADP, MRVL, TEAM, PANW, TTWO, EA, ISRG, NFLX, BKR, TSLA, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CTAS, GFS, MAR, MDB, CPRT, FTNT, HON, PYPL, DXCM, SBUX, ADBE, DDOG, MNST, SNPS, CSGP, CTSH, LULU, TTD, CCEP, CSX, DLTR, GILD, ORLY, PAYX, ROP, ROST, AAPL, ABNB, ON, AEP, SMCI, CEG, EXC, MSFT, ASML, CMCSA, INTC, META,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 4
ASML, CMCSA, INTC, META,   


Moving Below 30 DMA = 2
MELI, WDAY,



Add Comments here:

Wednesday, November 27, 2024

SPX Closed Lower on Lighter Volume...Happy Thanksgiving on Thursday, Markets Closed...Close 1 pm ET on Friday...


© 2024


Markets are closed on Thanksgiving Day and open for half a day on Friday until 1 pm ET.  Have a Happy Thanksgiving as we all give thanks for our many blessings.


SPX -22.89, 5,998, pulled back on light volume going into the Thanksgiving Day holiday.  The DJI closes at 44,722, paused before the holidayThe RUT closed slightly higher on Wednesday.

NDX -0.61% closed lower.

SMCI +0.64, +1.86%, rallied modestly after Tuesday’s pullback, forming a bull flag pattern.

DELL -17.36, -12.25%, HPQ -4.44, -11.36% and ADSK -27.32, -8.59%, fell on negative EPS reactions after soft guidance.


Mega caps BRK/B, GOOGL rose and AAPL, META, AMZN, NVDA, MSFT TSLA, fell on Wednesday.


SPY down 1.82 at 598.83, 34.0 million shares, below average volume,
VIX unchanged at 14.10
QQQ down 4.01 at 505.30

DIS, MRK TRV, BA led the DJIA, 12 advancers, -9                
ULTA, WBA, VRSN, AES, A led the SPX, 268 advancers
DLTR, MRNA, WBD, CSGP, SMCI led the NDX, 35 advancers

Up:  IWM,
Down:  DIA, SPY, QQQ,

The SPY MFC green line moved up to 89.1 and is short-term bullish. +4.5.

Five of eleven sectors were higher on Wednesday, led by XLRE, XLV and XLP. 

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

The 6-month intermediate trend is up.  The ten-day trend is up a little.

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendSideways


35 of 100 NDX stocks closed higher on Wednesday.

63 NDX stocks are above their 30 DMA:  DASH, CSCO, BKNG, FAST, TMUS, ADP, MRVL, TEAM, PANW, TTWO, EA, ISRG, NFLX, BKR, TSLA, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CTAS, GFS, MAR, MDB, WDAY, CPRT, FTNT, HON, PYPL, DXCM, SBUX, ADBE, DDOG, MNST, SNPS, CSGP, CTSH, LULU, TTD, CCEP, CSX, DLTR, GILD, ORLY, PAYX, ROP, ROST, AAPL, ABNB, MELI, ON, AEP, SMCI, CEG, EXC, MSFT,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 0



Moving Below 30 DMA = 3
ADSK, INTC, META,



Add Comments here:

Tuesday, November 26, 2024

SPX, DJI New All-time Closing High...Utilities, Health Care, Technology Lead Sectors...After-hours: DELL, ADSK, HPQ, CRWD fall on EPS Reactions...


© 2024


SPX +34.26, 6,021, made a new all-time closing high.  The DJI closes at 44,860, also an all-time closing high.  The RUT paused on Tuesday just short of an all-time high.

NDX +0.57% rallied modestly, as mega-caps lifted the index.

SMCI -3.98, -10.36%, pulled back after rising 113% over the prior seven days.


After-hours: DELL -14.58, -10.29%, ADSK -28.46, -8.95%, HPQ -3.07, -7.85%, and CRWD -12.30, -3.85%, all fell on negative EPS reactions.


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


SPY up 3.12 at 600.65, 45.4 million shares, above average volume,
VIX down .50 at 14.10
QQQ up 2.72 at 509.31

AMZN, MSFT, WMT, MMM led the DJIA, 21 advancers, -3   
NRG, CEG, SJM, VST, WDC led the SPX, 272 advancers
CEG, FTNT, AMZN, PANW, TMUS led the NDX, 47 advancers

Up:  QQQ, SPY, DIA,
Down:  IWM,

The SPY MFC green line moved up to 84.6 and is short-term bullish. +5.7.

Nine of eleven sectors were higher on Tuesday, led by XLU, XLV and XLK. 

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

The 6-month intermediate trend is up.  The ten-day trend is up a little.

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp


47 of 100 NDX stocks closed higher on Tuesday.

66 NDX stocks are above their 30 DMA:  DASH, ADSK, CSCO, BKNG, FAST, TMUS, ADP, MRVL, TEAM, PANW, TTWO, EA, ISRG, NFLX, BKR, TSLA, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CTAS, GFS, INTC, MAR, MDB, WDAY, CPRT, FTNT, HON, PYPL, DXCM, SBUX, ADBE, DDOG, MNST, SNPS, CSGP, CTSH, LULU, TTD, CCEP, CSX, DLTR, GILD, ORLY, PAYX, ROP, ROST, AAPL, ABNB, MELI, ON, AEP, SMCI, CEG, EXC, META, MSFT,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 4
CEG, EXC, META, MSFT,  


Moving Below 30 DMA = 3
ADI, CMCSA, NXPI,



Add Comments here: 

Monday, November 25, 2024

DJI all-time Closing High, SPX, RUT all-time Intraday Highs...Real Estate, Basic Materials, Consumer Discretionary Lead Sectors...SMCI Continues to Rally...


© 2024


SPX +18.03, 5,987, made an all-time intraday high at 6,020 before a pullback.  The DJI closes at 44,736, an all-time closing high.  The RUT made an all-time intraday high before closing fractionally below at a two-year closing high.

NDX +0.14%, rallied modestly, as TSLA and NVDA pullbacks weighed on the index.

SMCI +5.26, +15.87%, led the NDX and was the second largest gainer in the SPX in its post plan submission to Nasdaq rally.


Mega caps AMZN, GOOGL, AAPL, META, MSFT, BRK/B rose and TSLA, NVDA fell on Monday.


SPY up 2.02 at 597.53, 42.0 million shares, below average volume,
VIX down .64 at 14.60
QQQ up .80 at 506.59

SHW, BA, UNH, NKE led the DJIA, 24 advancers, -1             
BBWI, SMCI, ENPH, ULTA, ALGN led the SPX, 384 advancers
SMCI, DXCN, MRNA, DLTR led the NDX, 74 advancers

Up:  IWM, DIA, SPY, QQQ,
Down: 

The SPY MFC green line moved up to 78.9 and is short-term bullish. +5.1.

Nine of eleven sectors were higher on Monday, led by XLRE, XLB and XLY. 

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

The 6-month intermediate trend is up.  The ten-day trend is sideways.

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp


74 of 100 NDX stocks closed higher on Monday.

65 NDX stocks are above their 30 DMA:  DASH, ADSK, CSCO, BKNG, FAST, TMUS, ADP, MRVL, TEAM, PANW, TTWO, EA, ISRG, NFLX, BKR, TSLA, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CTAS, GFS, INTC, MAR, MDB, WDAY, CPRT, FTNT, HON, PYPL, DXCM, SBUX, ADBE, DDOG, MNST, SNPS, CSGP, CMCSA, CTSH, LULU, TTD, CCEP, CSX, DLTR, GILD, ORLY, PAYX, ROP, ROST, AAPL, ABNB, MELI, ON, ADI, AEP, NXPI, SMCI,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
ADI, AEP, NXPI, SMCI,


Moving Below 30 DMA = 2
FANG, NVDA,  



Add Comments here:

Friday, November 22, 2024

DJI Inches to all-time Closing High...SPX, NDX, RUT Close Higher as Consumer Discretionary, Industrials, Financials Lead Sectors...


© 2024


SPX +20.63, 5,969.  The DJI closes at 44,296.51, an all-time closing high.


NDX +0.17%, narrow range day, lagged other indices as mega caps AMZN, META, GOOGL, NVDA lagged other stocks.

SMCI +3.45, +11.62%, led the SPX again, after submitting a plan, earlier in the week, to the Nasdaq for a time extension to file their annual and quarterly financial reports.

TSLA +12.92, +3.80%, resumed its upward momentum on Friday and made an intraday high.  


Mega caps TSLA, MSFT, BRK/B, AAPL rose and AMZN, META, GOOGL, NVDA fell on Friday.


SPY up 1.84 at 595.51, 38.2 million shares, below average volume,
VIX down 1.63 at 15.24
QQQ up .81 at 505.79

BA, NKE, AXP, HD led the DJIA, 25 advancers, +3                
SMCI, DECK, GM, PLTR led the SPX, 382 advancers
SMCI, CPRT, DDOG, MRNA led the NDX, 70 advancers

Up:  IWM, DIA, SPY, QQQ,
Down: 

The SPY MFC green line turned up at 73.8 and is short-term bullish. +5.7.

Nine of eleven sectors were higher on Friday, led by XLY, XLI and XLF. 

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

The 6-month intermediate trend is up.  The ten-day trend is sideways.

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp


70 of 100 NDX stocks closed higher on Friday.

63 NDX stocks are above their 30 DMA:  DASH, ADSK, CSCO, BKNG, FAST, TMUS, ADP, MRVL, NVDA, TEAM, PANW, TTWO, EA, ISRG, NFLX, BKR, TSLA, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CTAS, GFS, INTC, MAR, MDB, WDAY, CPRT, FTNT, HON, PYPL, DXCM, SBUX, ADBE, DDOG, MNST, SNPS, CSGP, CMCSA, CTSH, LULU, TTD, CCEP, CSX, DLTR, FANG, GILD, ORLY, PAYX, ROP, ROST, AAPL, ABNB, MELI, ON,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 4
AAPL, ABNB, MELI, ON,


Moving Below 30 DMA = 3
AEP, CEG, INTU,



Add Comments here:

Thursday, November 21, 2024

SPX, NDX Close Higher...Utilities, Financial, Industrials Lead Sectors...Bull Flag Bounce...After-hours: INTU Gaps Down after EPS...


© 2024


SPX +31.60, 5,948, a higher open sold off 50 points following reports of Russia firing an intermediate range ballistic missile at Ukraine.  The SPX began to rally after the first hour of trading. 

SPY and QQQ were two of many bull flag bounce continuation moves on Thursday.

NDX +0.36%, formed another dragonfly doji as it bounced above the high of the low day.

NVDA +0.78, +0.53%, reported an earnings and revenue beat after the close on Wednesday, raised guidance and traded in a range on Thursday and closed slightly higher.

TSLA -2.39, -0.70%, traded in a narrow range and closed slightly lower.  


After-hours: INTU -37.41, -5.51%, gapped down after reporting an earnings and revenue beat, but lowered Q2 guidance while it maintained FY25 guidance


Mega caps BRK/B, NVDA rose and AAPL, META, MSFT, TSLA, AMZN, GOOGL fell on Thursday.


SPY up 3.17 at 593.57, 46.5 million shares, above average volume,
VIX down .29 at 16.87
QQQ up 1.81 at 504.98

IBM, SHW, CRM, HD led the DJIA, 22 advancers, +4            
SMCI, DE, VST, NTAP led the SPX, 436 advancers
SMCI, MDB, ROST, CEG led the NDX, 84 advancers

Up:  IWM, DIA, SPY, QQQ,
Down: 

The SPY MFC green line is pointed sideways at 68.1 and is defensive/shifting to short-term bullish. -.1.

Ten of eleven sectors were higher on Thursday, led by XLU, XLF and XLI. 

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

The 6-month intermediate trend is up.  The ten-day trend is sideways.

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp a little


84 of 100 NDX stocks closed higher on Thursday.

62 NDX stocks are above their 30 DMA:  DASH, ADSK, CSCO, BKNG, FAST, TMUS, ADP, MRVL, NVDA, TEAM, PANW, TTWO, EA, ISRG, NFLX, BKR, TSLA, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CTAS, GFS, INTC, MAR, MDB, WDAY, CPRT, FTNT, HON, PYPL, DXCM, SBUX, ADBE, DDOG, MNST, SNPS, CSGP, CMCSA, CTSH, LULU, TTD, AEP, CCEP, CEG, CSX, DLTR, FANG, GILD, ORLY, PAYX, ROP, ROST,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 11
AEP, CCEP, CEG, CSX, DLTR, FANG, GILD, ORLY, PAYX, ROP, ROST,


Moving Below 30 DMA = 2
AAPL, GOOGL,



Add Comments here:

Wednesday, November 20, 2024

SPX Closed Flat after Trading Lower Following Reports on Ukraine War...Health Care, Energy, Basic Materials Lead Sectors...After-hours: NVDA Lower after Earnings Beat...


© 2024


SPX +0.13, 5,917, sold off rapidly near the open after a report that Ukraine fired UK Storm Shadow missiles into Russia. SPX fell -.95% during the first hour of trading, traded in a sideways range over the next four hours, rallied during the final 90 minutes of trading to close slightly higher.

NDX -0.08%, formed a dragonfly doji in its bull flag pattern.  

Fed speakers Wednesday included Michael Barr, Lisa Cook, Michelle Bowman and Susan Collins.

TSLA -3.97, -1.15%, opened $1.00 lower, sold off in the first two hours of trading, recovered to close slightly lower.   


After-hours: NVDA -3.69, -2.53%, reported an earnings and revenue beat, raised guidance and traded lower after the close.  /NQ futures -0.45% in evening trade.


Mega caps META, AAPL rose and BRK/B, MSFT, NVDA, AMZN, TSLA, GOOGL fell on Wednesday.


SPY up .20 at 590.50, 50.0 million shares, above average volume,
VIX up .81 at 17.16
QQQ down .29 at 503.17

UNH, AMGN, IBM, DIS led the DJIA, 18 advancers, +6         
KEYS, HUM, EQT, SW led the SPX, 311 advancers
CSGP, WBD, TTD, BKR, ABNB led the NDX, 62 advancers

Up:  DIA, IWM, SPY,
Down:  QQQ,

The SPY MFC green line is pointed down at 68.2 and is defensive. -4.2.

Six of eleven sectors were higher on Wednesday, led by XLV, XLE and XLB. 

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

The 6-month intermediate trend is up.  The ten-day trend is sideways.

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendSideways


62 of 100 NDX stocks closed higher on Wednesday.

53 NDX stocks are above their 30 DMA:  DASH, ADSK, CSCO, BKNG, FAST, TMUS, ADP, MRVL, NVDA, TEAM, PANW, TTWO, EA, ISRG, NFLX, BKR, TSLA, GOOGL, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CTAS, GFS, INTC, MAR, MDB, WDAY, CPRT, FTNT, HON, PYPL, DXCM, SBUX, ADBE, DDOG, MNST, SNPS, AAPL, CSGP, CMCSA, CTSH, LULU, TTD,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 6
AAPL, CSGP, CMCSA, CTSH, LULU, TTD,


Moving Below 30 DMA = 2
CSX, ORLY,



Add Comments here:

Tuesday, November 19, 2024

SPX, NDX Bounced, Closed Higher for a Second Day...Technology, Utilities, Communication Services Lead Sectors...Bull Flag Setups...NVDA Reports EPS Wednesday AMC...


© 2024


SPX +23.36, 5,916, rose after a lower open following comments from Russia regarding its updated nuclear doctrine.  NDX +0.71%, for a second day, formed a bullish engulfing candle that confirmed Monday’s bullish harami.


Bull flag bounces on Tuesday included:  NVDA, QQQ, SPY, TEAM, DASH, CTAS, AMZN
Bull flag bounce continuations on Tuesday: TSLA, NFLX, CRWD, TTWO, GOOGL
Bull Flag Setups: MAR, HON, PYPL, FTNT


NVDA +6.86, +4.89%, opened higher, in a bull flag bounce as Truist raised its price target from $148 to $167, Stifel raised its price target from $165 to $180, and Fubon raised its price target from $170 to $200NVDA will report earnings tomorrow, Wednesday, Nov 20 after the close.

TSLA +7.26, +2.14%, opened lower, reversed, rose in a bull flag bounce continuation pattern.   


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


SPY up 2.15 at 590.30, 49.1 million shares, above average volume,
VIX up .77 at 16.35
QQQ up 3.44 at 503.46

NVDA, WMT, AMZN, BA led the DJIA, 12 advancers, -3       
SMCI, VST, NVDA, GEV, UAL led the SPX, 189 advancers
SMCI, DDOG, NVDA, TEAM, ARM led the NDX, 49 advancers

Up:  IWM, QQQ, SPY,
Down:  DIA,

The SPY MFC green line is pointed down at 72.4 and is defensive. -4.3.

Six of eleven sectors were higher on Tuesday, led by XLK, XLU and XLC. 

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


49 of 100 NDX stocks closed higher on Tuesday.

49 NDX stocks are above their 30 DMA:  DASH, ADSK, CSCO, BKNG, FAST, TMUS, ADP, MRVL, NVDA, TEAM, PANW, TTWO, EA, ISRG, NFLX, BKR, TSLA, GOOGL, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CSX, CTAS, GFS, INTC, MAR, MDB, WDAY, CPRT, FTNT, HON, ORLY, PYPL, DXCM, SBUX, ADBE, DDOG, MNST, SNPS,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 3
DDOG, MNST, SNPS,


Moving Below 30 DMA = 4
CMCSA, DLTR, LULU, TXN,  



Add Comments here:

Monday, November 18, 2024

SPX, NDX Closed Higher as Buyers Returned on Monday...Energy, Communication Services, Consumer Discretionary Led Sectors Higher...SMCI Led Both the SPX, NDX on Monday...


© 2024


Breadth was modestly stronger as the SPX rose +23.00, 5,893, after markets continued Friday’s modest afternoon rally.  Monday’s trading suggests that selling from Powell’s Thursday comment exhausted on Friday.  NDX +0.71% closed higher, and formed a bullish harami candle in its bull flag price pattern.

Bull flag bounces on Monday included:  TSLA, NFLX, BKNG
Bull flag setups for Tuesday: MAR, CTAS, TMUS, BKR, HON, FAST, CSCO, PYPL, FTNT

ADBE -3.86, -0.77%, drifted slightly on Monday.  Watch for a potential on Tuesday.

TSLA +18.02, +5.62%, gapped up above the high of the low day of its four-day bull flag pattern, continuing it previous up trend. 


Mega caps TSLA, GOOGL, AAPL, BRK/B, MSFT, META rose and AMZN, NVDA fell on Monday.


SPY up 2.40 at 588.15, 37.0 million shares, below average volume,
VIX down .56 at 15.58
QQQ up 3.45 at 500.02

BA, IBM, VZ AAPL led the DJIA, 15 advancers, +3                
SMCI, HSIC, TSLA, CVS, ENPH led the SPX, 323 advancers
SMCI, MRNA, TSLA, MCHP led the NDX, 67 advancers

Up:  QQQ, SPY, IWM,
Down:  DIA,

The SPY MFC green line is pointed down at 76.7 and is defensive. -6.3.

Ten of eleven sectors were higher on Monday, led by XLE, XLC and XLY. 

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


67 of 100 NDX stocks closed higher on Monday.

50 NDX stocks are above their 30 DMA:  DASH, ADSK, CSCO, BKNG, FAST, TMUS, ADP, MRVL, NVDA, LULU, TEAM, PANW, TTWO, EA, ISRG, NFLX, CMCSA, BKR, TSLA, GOOGL, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CSX, CTAS, GFS, INTC, MAR, MDB, WDAY, CPRT, FTNT, HON, ORLY, PYPL, DXCM, SBUX, ADBE, DLTR, TXN,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 2
DLTR, TXN,  


Moving Below 30 DMA = 1
PAYX,



Add Comments here: