Thursday, November 19, 2020

SPY with Bullish sentiment. QQQ +78% and IWM+77%. 9 sectors closed higher

                    
SPY Market Forecast 87.29 Short-term bullish pointing up in the upper zone             
   0.61   PCALL - 10 day SMA (0.75 - 1.00)             
   133.55   SKEW (120 - 135)               
                    
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA               
  6-months UP                 
  10-days UP                 
  3-days DOWN                 
                    
Indices                    
  QQQ +0.78% ; IWM +0.77% ;  SPY +0.42% ; DIA +0.19%        
  TLT +0.51% at 160.09               
  VIX -3.06% at 23.11               
                    
Sectors                    
  9 sectors closed higher led by  XLE +1.64%  and  XLK +0.81%    Lower =  2       
  10            closing above 30d. SMA  and 1   closing below.
                    
XLE leaders     :    KMI, SLB, CVX, MPC              
XLK leaders     :    CRM, ADBE, INTC, MSFT              
XLC leaders     :    EA, CHTR, TMUS, GOOGL              
                    
Uptrend XLB, XLI                 
Sideways XLK, XLC, XLY, XLF, XLP, XLRE, XLV, XLU                
Downtrend XLE                  
                    
                    
Breath:                    
NYSE Strengthened  as  Advancers led  1945   to   1114 and  Nasdaq   Strengthened  as  Advancers led 2326   to   1283    
                    
                    
NDX Leaders:                     
77 closing higher  and  26 closing Lower              
FISV : +4.68% ;  NTES : +4.35% ;  MELI : +3.96%          
                    
DJIA Leaders:                     
18 closing higher  and  12 closing Lower              
CRM : +2.91% ;  WMT : +2.03% ;  CVX : +1.72%          
                    
SP500 Leaders:                     
309 closing higher  and  185 closing Lower              
CTL : N/A ;  NBL : N/A ;  COTY : +17.92%          
                    
NASDAQ 100                   
                    
Nasdaq Above 30MA    =  68                 
FISV, NTES, MELI, AMD, WDAY, XLNX, IDXX, TSLA, DOCU, TTWO, TXN, MXIM, LULU, ADI, NXPI, MCHP, CTAS, AMAT, CTSH, INTU, ADSK, MU, LRCX, SIRI, KLAC, CHTR, EXPE, LBTYA, LBTYK, TMUS, CSGP, GOOGL, GOOG, AVGO, DLTR, VRSK, NTAP, KHC, FAST, CMCSA, MAR, AAPL, FOX, CSX, COST, QCOM, WDC, ADP, ULTA, PCAR, PAYX, FOXA, ISRG, TCOM, PEP, ASML, SBUX, JD, MDLZ, CSCO, MNST, ALGN, EXC, ROST, WBA, BKNG, CDW, BIDU
                    
Stocks to watch on  Friday                 
Nasdaq100  xsing above30   = 4                 
NTES, DOCU, TTWO, DLTR                 
                    
Nasdaq100  xsing below30  = 3                 
GILD, ALXN, CPRT                  
                    
                    
MACD Crossover:                  
Up   6                 
SPLK, EA, TXN, ADSK, ADBE, NFLX                 
                    
Down   9                 
ADI, CTSH, BMRN, ADP, ISRG, TCOM, CERN, ORLY, AMGN                
                    

No comments:

SPY touched all times high once again and reversed at close

SPY Market Forecast     94.34 Defensive pointing down in the upper zone                        0.6   PCALL - 10 day SMA (0.75 - 1.00)       ...