Thursday, March 05, 2020

All Four Indices Closing Down Led by DIA (-3.48%) and SPY(-3.32%). VIX is up 23.8% to 39.62.


                  
                  
VIX :   Up 7.63 / +23.85%               
/CL : Down -1.17 / -2.48%               
TLT :  Up 3.85 / +2.49%               
                  
SPY Market Forecast 34.81 Short-term Bullish   Pointing higher - above 20            
  6-months Up                
  10-days Down                
  3-days Up                
                  
Indices                   
Up:                     
Down:    DIA:  -3.48% ;  SPY:  -3.32% ; IWM:  -3.18% ; QQQ :  -3.04%       
                  
Nasdaq Above 30MA    =  16                
JD, NTES, GILD, XEL, BMRN, REGN, EA, COST, ATVI, INCY, NFLX, VRTX, BIIB, EBAY, NVDA, TMUS    
                  
Stocks to watch on  Friday                
Nasdaq100  xsing above30   = 1                
NTES                   
                  
Nasdaq100  xsing below30  = 9                
MNST, TTWO, MDLZ, VRSK, ISRG, TSLA, CHTR, ADBE, ASML           
                  
NDX Leaders:   8 closing higher  and  95 closing Lower           
CTXS :  +5.75% ;  JD : +1.62% ;  NTES : +1.26%         
DJIA Leaders:   1 closing higher  and  29 closing Lower           
WBA :   +0.18% ;  WMT :   -0.73% ;  JNJ :   -1.02%         
SP500 Leaders:   21 closing higher  and  484 closing Lower           
KR :   +8.11% ;  CTXS :   +5.75% ;  AOS :   +2.61%         
                  
Sectors  0 sectors closed higher led by XLU -1.54%  and  XLP -1.88%    Lower =  11      
  0            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 330   to   2663 and  Nasdaq   Weakened  as  Decliners led 584   to   2695   
                  
MACD Crossover:                 
CTXS, WBA, AMGN, COST, VRTX               


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