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After the close Review of DIA, DJIA, SPY, IWM, QQQ, TLT, VIX, XLF,
XLB, XLE, XLRE, XLK, XLI, XLY, MCHP, TSLA, CTSH, AAPL, ATVI, SYMC, VIAB, MELI, PWR,
FMC, XRX, RCL, HBI, LL, SHOP, CC, SQ, RMD, IBM, MMM, TTWO, RIG, GPRO, GRUB,
WIFI, WTW, ANET, EXPE, PYPL, FB, ATVI, EA, BA, JD, V, CCL, VZ, NKE, SPX IC
review, MSFT, MCHP, FB, SPV and call
review
© 2017
DIA makes new all-time closing high on Friday.
QQQ, SPY forming a bull flag/pennant.
IWM forms bullish harami at channel support.
Seven sectors were higher led by financial XLF +0.67% and materials XLI +0.48%
SPY up .45 at 247.41 on 60.1 million shares, 5% above avg. Up on higher volume.
VIX down .41 at 10.03.
Oil up .59 to 49.52
TLT down 1.07 at 124.93…on 8.3 million shares, 17% above avg. Down on lower
volume.
GS +2.59% and HD +1.30% led
the DJIA, 19 advancers.
SRCL +8.87% pre-eps, RIG +7.18% eps and COL +5.41% eps led the SPX.
MCHP +3.48% eps, QVCA +3.14%, FAST
+3.03% and TSLA +2.83% led the NDX.
Intermediate
and long term up trend intact. 3-day short term trend is neutral.
Up:
IWM, DIA, SPY, QQQ,
Down:
Uptrend
sectors: XLK,
XLF, XLY, XLV, XLB, XLI,
Neutral
sectors: XLRE, XLU, XLP, XLE
Down
trend sectors:
Intermediate-term
trending stocks: EXPE, PYPL, ADBE, NVDA, FB, JD, ATVI, EA,
MAR, BA, MCD, V, CCL, RCL, SQ, MOMO, CC, BZUN, AABA, SHOP, TTWO, BABA, EDU,
PGR, TRU, LYV, ALL, TAL
Breadth strengthened
on Friday as
advancers led 1,638 to 1,258 on the
NYSE and led 1,658 to 1,169 on the
NASDAQ.
The SPY MFC green
line is at 89,
bullish.
53 of 100 NDX stocks closed
higher on Friday.
51 NDX stocks are above their 30 DMA.
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 3
FAST, ROST, SWKS
Moving Below 30 DMA = 4
EXPE, MELI, SYMC, VIAB,
The
intermediate and long-term trends are still up.
6-month Intermediate Term
Market Trend: Up
3-day Short Term Market
Trend: Neutral
Earnings Week of July 31…
NDX
Monday = DISCA
Tuesday = AAPL, IDXX, INCY, ILMN, FISV, VRSK,
Wednesday = MDLZ, BMRN, HOLX, CTXS, CA, SYMC, TSLA
Thursday = CTSH, REGN, SHPG, DISH,
ATVI, MELI, VIAB, KHC, MCHP
Friday =
Other
Monday =
Tuesday = LL, SHOP, SYX,
Wednesday = CC, SQ, TTWO, RIG, OSUR,
Thursday = UBNT, GPRO, WIFI, GRUB, WTW,
ANET,
Friday =