Thursday, July 01, 2021

Energy and Utilities led sectors. SPY new all times high.

 
SPY Market Forecast 97.9 Short-term bullish pointing up in the upper zone              
   0.52   PCALL - 10 day SMA (0.75 - 1.00)              
   161.85   SKEW (120 - 135)                
                     
INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA                
  6-months UP                  
  10-days UP                  
  3-days UP                  
                     
Indices                     
UP:     IWM +0.88% ; SPY +0.55% ; DIA +0.41% ; QQQ +0.04%         
Down:                        
                     
  TLT -0.12% at 144.17                
  VIX -2.21% at 15.48                
                     
SPY   : New high    above 30ds SMA              
QQQ   : Bull Flag Setup    above 30ds SMA              
DIA   : HBO Setup    above 30ds SMA              
IWM   : Bull Flag Triggered    above 30ds SMA              
                     
                     
Sectors                     
  10 sectors closed higher led by  XLE +1.74%  and  XLU +1.09%    Lower =  1        
  6            closing above 30d. SMA  and 5   closing below.  
                     
XLE leaders     :    FANG, OXY, MRO, SLB               
XLU leaders     :    ETR, XEL, CMS, SO                
XLV leaders     :    VTRS, REGN, CTLT, HCA               
                     
Uptrend XLV, XLC, XLY, XLRE, XLK                  
Sideways XLE, XLU, XLF, XLI, XLB, XLP                  
Downtrend                    
                     
                     
Breath:                     
NYSE Strengthened  as  Advancers led  2150   to   1149 and  Nasdaq   Strengthened  as  Advancers led 2471   to   1896     
                     
                     
NDX Leaders:                      
60 closing higher  and  43 closing Lower               
REGN : +2.88% ;  EXPE : +2.03% ;  MAR : +1.99%           
                     
DJIA Leaders:                      
24 closing higher  and  6 closing Lower               
NKE : +2.27% ;  TRV : +1.42% ;  CVX : +1.40%           
                     
SP500 Leaders:                      
407 closing higher  and  95 closing Lower               
FLIR : N/A ;  FANG : +6.08% ;  OXY : +5.08%           
                     
NASDAQ 100                    
                     
Nasdaq Above 30MA    =  69                  
REGN, CPRT, FB, ORLY, SBUX, ALGN, AMGN, CMCSA, VRSK, IDXX, FOXA, PAYX, NVDA, NFLX, ULTA, ISRG, GOOG, CSCO, ROST, BIIB, ALXN, VRSN, CDW, ANSS, ADSK, ADP, BMRN, SNPS, SIRI, GILD, TMUS, GOOGL, VRTX, MSFT, SGEN, AAPL, INTU, NTAP, CTXS, CDNS, CHTR, PEP, DXCM, ZM, ADBE, LULU, AMZN, TSLA, CTAS, COST, DOCU, ILMN, EBAY, AMD, TXN, MELI, PYPL, BIDU, NTES, WDAY, SWKS, QCOM, AVGO, ADI, XLNX, MXIM, SPLK, JD, AMAT
                     
Stocks to watch on  Friday                  
                     
 Nasdaq100  xsing above30   = 4                 
  SBUX, FOXA, CSCO, VRTX                  
                     
 Nasdaq100  xsing below30  = 8                 
  INCY, EA, ATVI, ASML, NXPI, LRCX, KLAC, MU                
                     
                     
MACD Crossover:                   
Up   3                  
XEL, CMCSA, SIRI                   
                     
Down   6                  
ZM, ADBE, INTC, PYPL, WDAY, WBA                  
                     

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)       ...