©
2024
SPX +43.22, 5,974. The DJI, 42,906, closed
higher for a third day. The RUT
closed slightly lower.
NDX +1.01% closed
higher forming a bull flag bounce.
TSLA +9.54, +2.27%, formed a
dragonfly doji candle in a 4-day bull flag pattern.
PLTR, AXON and MSTR were added to the NDX 100 and SMCI, MRNA
and ILMN were removed today.
LII, APO and
WDAY were be added to
the SPX and CTLT, QRVO and AMTM were removed.
Mega caps AVGO, TSM, NVDA, META, TSLA, GOOGL, BRK/B, AMZN rose,
and MSFT fell on Monday.
TSM join the trillion dollar market cap
group.
SPY up 3.54 at 594.69, 57.6 million
shares, above average volume,
VIX down 1.36 at 16.78,
VIX1D
down 3.93 at 13.44,
QQQ up 4.21 at 522.87
INTC, MRK, UNH, GS led the DJIA, 16 advancers, -7
AVGO,
AMD, LLY, NVDA led the SPX, 444 advancers
GFS, AVGO, AMD, MCHP led the NDX, 79 advancers
Up: QQQ, SPY, DIA,
Down: IWM,
The SPY
MFC green line is pointed down at 44.7 and is short-term bearish.
-9.1.
Eight
of eleven
sectors were higher on Monday, led by XLK, XLV and XLE.
Uptrend sectors: XLY, XLC,
XLK, XLF, XLI, XLP, XLU, XLRE,
Neutral sectors: XLE,
Down trend sectors: XLB, XLV,
The 6-month intermediate trend is up. The ten-day trend
is down.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
59 of 100 NDX stocks closed higher on Monday.
23 NDX stocks are above their 30
DMA: MRVL, NFLX, TSLA, WBD, AMZN, LULU, AAPL, MSFT, ASML, AVGO,
GOOGL APP, CRWD, DXCM, FTNT, GILD, AZN, CSCO, GFS, KLAC, META, NVDA, PLTR,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 7
AZN, CSCO, GFS, KLAC, META, NVDA, PLTR,
Moving Below 30 DMA = 3
DDOG,
ROST, WDAY,
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