Saturday, February 13, 2021

QQQ, SPY at all times new high

SPY Market Forecast 96.53 Short-term bullish pointing up in the middle zone              
   0.48   PCALL - 10 day SMA (0.75 - 1.00)              
   137.66   SKEW (120 - 135)                
                     
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA                
  6-months UP                  
  10-days UP                  
  3-days UP                  
                     
Indices                     
UP:     QQQ +0.56% ; SPY +0.49% ; IWM +0.28% ; DIA +0.11%         
Down:                        
                     
  TLT -1.24% at 147.11                
  VIX -6.02% at 19.97                
                     
Sectors                     
  9 sectors closed higher led by  XLE +1.48%  and  XLF +1.03%    Lower =  2        
  9            closing above 30d. SMA  and 2   closing below.  
                     
XLE leaders     :    WMB, EOG, COP, SLB               
XLF leaders     :    WFC, BAC, JPM, GS                
XLB leaders     :    CTVA, ECL, BLL, APD               
                     
Uptrend XLF, XLB, XLV, XLK, XLC, XLY                  
Sideways XLE, XLI, XLP, XLRE, XLU                  
Downtrend                    
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  1779   to   1451 and  Nasdaq   Strengthened  as  Advancers led 2236   to   1787     
                     
                     
NDX Leaders:                      
67 closing higher  and  35 closing Lower               
ILMN : +11.87% ;  PYPL : +4.68% ;  AMAT : +3.27%           
                     
DJIA Leaders:                      
18 closing higher  and  12 closing Lower               
INTC : +1.90% ;  JPM : +1.42% ;  GS : +1.32%           
                     
SP500 Leaders:                      
324 closing higher  and  176 closing Lower               
ILMN : +11.87% ;  MHK : +5.99% ;  TER : +5.46%           
                     
NASDAQ 100                    
                     
Nasdaq Above 30MA    =  78                  
ILMN, PYPL, AMAT, CPRT, IDXX, DOCU, WDC, ALXN, LRCX, FOX, KLAC, MAR, MNST, SPLK, WDAY, INTC, ANSS, SNPS, FOXA, MU, ALGN, AVGO, ADSK, CSGP, FISV, MXIM, INTU, ADI, MCHP, AMD, CDNS, ISRG, EBAY, BIDU, ASML, XLNX, NTAP, DXCM, ATVI, WBA, AMZN, ADBE, CTAS, GOOG, SWKS, JD, GOOGL, EA, TXN, BMRN, MSFT, NXPI, AAPL, ADP, ZM, FB, MELI, CMCSA, GILD, CTXS, NFLX, NTES, BIIB, ULTA, BKNG, KHC, SBUX, LBTYA, PCAR, CSCO, DLTR, LBTYK, CDW, VRSN, TCOM, NVDA, EXPE, ROST
                     
Stocks to watch on  Monday                  
                     
 Nasdaq100  xsing above30   = 5                 
  CPRT, ALXN, MNST, ADSK, FISV                 
                     
 Nasdaq100  xsing below30  = 2                 
  PAYX, EXC                  
                     
                     
MACD Crossover:                   
Up   8                  
ILMN, ALXN, FOX, SPLK, FOXA, MELI, CTSH, BIIB                 
                     
Down   3                  
ORLY, MDLZ, EXC                   
                     

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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)       ...