Tuesday, April 14, 2020

SPY goes higher in strong 2.95% closing 283.79. Almost ALL of the NDX closed higher led by TSLA 9%


                   
SPY Market Forecast 58.25 Short-term bullish   Pointing a higher           
                   
LONG TERM SIDEWAYS - Crossing above 30 DMA               
  6-months Down                
  10-days Up                
  3-days UP                
                   
Indices                   
  QQQ +4.35% ; SPY +2.95% ;  DIA +2.44% ; IWM +2.03%       
                   
                   
Nasdaq Above 30MA    =  97                
TSLA, MNST, AMD, WYNN, FAST, ADSK, CDNS, KLAC, ADBE, SIRI, WDAY, QCOM, SWKS, PEP, ASML, LRCX, AMZN, NVDA, SNPS, AMAT, WBA, AAPL, MSFT, CERN, DLTR, COST, MDLZ, ROST, GOOGL, INTU, VRSK, GOOG, NFLX, CHTR, XEL, VRTX, TMUS, AMGN, WLTW, CSCO, INCY, NTAP, PYPL, HSIC, CMCSA, NXPI, MELI, EXC, IDXX, ADI, BIIB, INTC, BMRN, GILD, XLNX, MU, JBHT, ADP, PAYX, TXN, MCHP, AVGO, LULU, ALXN, ILMN, EBAY, ISRG, CTXS, VRSN, SBUX, CTSH, LBTYA, BIDU, JD, EA, ORLY, LBTYK, FOX, TTWO, WDC, ALGN, FOXA, BKNG, FB, KHC, MXIM, MYL, CSX, REGN, PCAR, ULTA, NLOK, NTES, ATVI, HAS, FISV, CHKP
                   
Stocks to watch on  Wednesday                
Nasdaq100  xsing above30   = 9                

WYNN, SIRI, WBA, DLTR, VRSK, HSIC, NXPI, PAYX, BIDU

         
                   
Nasdaq100  xsing below30  = 2                
DLTR, VRSK                  
                   
NDX Leaders:                    
100 closing higher  and  3 closing Lower             
TSLA :  +9.05% ;  MNST : +8.20% ;  AMD : +7.83%         
                   
DJIA Leaders:                    
24 closing higher  and  6 closing Lower             
RTX :   +5.24% ;  WBA :   +5.15% ;  AAPL :   +5.05%         
                   
SP500 Leaders:                    
433 closing higher  and  69 closing Lower             
RCL :   +13.40% ;  CPRI :   +10.59% ;  CCL :   +8.78%         
                   
Sectors                   
  10 sectors closed higher led by  XLP +4.25%  and  XLK +4.19%    Lower =  2      
  11            closing above 30d. SMA  and 0   closing below.
                   
Uptrend XLP, XLK, XLV, XLU, XLB                
Sideways XLY, XLRE, XLC                
Downtrend XLI, XLF, XLE                
                   
Breath:                   
 Strengthened  as  Advancers led  2228   to   745 and  Nasdaq   Strengthened  as  Advancers led 2315   to   938   
                   
MACD Crossover:                 
Up   1                
GILD                   
                   
Down   0                
                   


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