Thursday, February 27, 2020

All Sector Closed Negative Today Led by XLRE down -5.65% - SPY Down -4.49%


                  


VIX :   Up 11.6 / +42.09%               
/CL : Down -2.31 / -4.75%               
TLT :  Up 1.63 / +1.08%               
                  
SPY Market Forecast 17 Short-term Bearish  crossed below 20  -  defensive          
  6-months Up                
  10-days Down                
  3-days Down                
                  
Indices                   
Up:                     
Down:    QQQ :  -5.01% ; DIA:  -4.54% ;  SPY:  -4.49% ; IWM:  -3.52%       
                   
Nasdaq Above 30MA    =  6                
BMRN, NFLX, TMUS, GILD, BIIB, REGN              
                  
Stocks to watch on  Friday                
Nasdaq100  xsing above30   = 0                
                  
                  
Nasdaq100  xsing below30  = 7                
INCY, EBAY, XEL, NVDA, ROST, NTES, TSLA             
                  
NDX Leaders:   2 closing higher  and  101 closing Lower           
KLAC :  +0.49% ;  WYNN : +0.37% ;  MAR : -0.46%         
DJIA Leaders:   1 closing higher  and  29 closing Lower           
MMM :   +0.81% ;  PFE :   -1.79% ;  MRK :   -2.33%         
SP500 Leaders:   15 closing higher  and  490 closing Lower           
PWR :   +6.31% ;  APA :   +2.62% ;  HBI :   +1.50%         
                  
Sectors  None of the  sectors closed higher led by XLV -3.40%  and  XLI -3.71%    Lower =  11      
  None of the sectors           closing above 30d. SMA  and 11   closing below.
                  
Uptrend                  
Sideways XLF , XLP , XLU , XLI , XLC , XLK , XLI , XLRE   
Downtrend XLE , XLV , XLB             
                  
Breath:  Weakened as decliners led    NYSE:  311   to   2699 and  Nasdaq weakened as decliners led   Nasdaq:     472   to   2828     
                  
MACD Crossover:                 


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