Wednesday, October 27, 2021

QQQ, NDX All-time Intra-day High...XLNX, GOOGL, MSFT Lead NDX...Discretionary Leads Sectors...F, ALGN, XLNX Up in after-hours on Positive EPS Reaction...

  
© 2021
 

XLNX, GOOGL, MSFT lead NDX higher.  QQQ closed higher while SPY, DIA, IWM closed lower.
 
Monday, Tuesday: SPX, DJIA new all-time closing high
Wednesday:  NDX new all-time intra-day high
After-hours: F +1.36, +8.77%, ALGN +50.61, +8.37%, XLNX +4.00, +2.21%, positive EPS reaction, EBAY -4.15, -5.34% negative EPS reaction
Thursday AMC:  AAPL, AMZN, SBUX EPS
 
Earnings Reactions Q3 beginning Oct 12:
Up: ADP, BA, FISV, GD, HLT, KO, MCD, TDY, TMO, CB, ENPH, EQR, ESS, FBHS, FFIV, GOOGL, IEX, JNPR, MAS, MSFT, TER, UDR, CNC, ECL, GE, HAS, IVZ, LLY, SHW, SPGI, UPS, CDNS, PKG, AXP, RF, ROP, STX, CE, RHI, SIVB, WHR, WRB, AAL, GPC, KEY, MMC, POOL, TSCO, UNP, VLO, CCI, CSX, PPG, TSLA, ABT, ANTM, CFG, CMA, ISRG, MTB, VZ, DOV, JNJ, SYF, TRV, ZION, STT, / GS, JBHT, PLD, SCHW, TFC, BAC, MS, UNH, WBA, BLK, FRC, FAST
Neutral:  KHC, NSC, AMD, AMP, DLR, MMM, PCAR, ARE, PBCT, T, BK, FITB, HAL, KSU, / C, DPZ, PGR
Down:  APH, AVY, BMY, BSX, CME, DTE, GM, HES, GRMN, IP, ODFL, ROL, TEL, WAB, BXP, CHRW, COF, PFG, TWTR, TXN, V, ADM, GLW, LMT, PHM, PNR, RTX, WM, FB, BRO, MSCI, UHS, OTIS, KMB, / SLB, HCA, HON, VFC, CMG, INTC, ALLE, ALK, DGX, DHR, DOW, IPG, IQV, LUV, NUE, NVR, SNA, DFS, EFX, FCX, FTI, GL, IBM, KMI, LRCX, LVS, BKR, MKTX, NDAQ, NFLX, OMC, UAL, PM, PG, PNC, / USB, WFC, DAL, JPM
Week 1 = 19, Week 2 = 77
    
 
SPX closed at 4,551, and NDX closed at 15,598.
 
SPY down 2.02 at 453.94, on 72.4 million shares, below average volume, down on higher volume.  
VIX up 1.00 at 16.98
QQQ up .88, +0.25% at 380.00
 
 
MSFT, MCD, KO, HD led the DJIA, 6 advancers, -10
ENPH, JNPR, TER, FFIV led the SPX, 79 advancers.
XLNX, GOOGL, MAR, TSLA led the NDX, 22 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ,
Down: SPY, DIA, IWM,
 
SPY = one day pullback from all-time high
DIA = one day pullback from all-time intra-day high
QQQ = new intra-day high, BO setup
IWM = channel bounce down.
 
One of eleven sectors was higher on Wednesday, led by XLY, XLK and XLC.
 
Consumer Discretionary leaders: HAS, LVS, DPZ, MCD
Technology leaders: ENPH, JNPR, TER, FFIV
Communication Services leaders: GOOGL, TMUS
 
Advancers weakened on Wednesday as decliners led 2,379 to 938 on the NYSE and led 3,231 to 1,344 on the NASDAQ.
 
The SPY MFC green line turned down at 94 and is counter-trend defensive.  SPY closed below the LOHD, a one-day pullback. 
 
 
Uptrend sectorsXLY, XLE, XLF, XLK, XLI, XLB, XLRE, XLC, XLV,
Neutral sectors:  XLP, XLU,
Down trend sectors:
 
The 6-month intermediate trend is up.  The ten-day trend is up.
 
3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp a little
 
22 of 100 NDX stocks closed higher on Wednesday.
 
58 NDX stocks are above their 30 DMA:  NFLX, TSLA, MAR, SGEN, DLTR, PAYX, ADP, CSX, ORLY, TEAM, CTAS, MRVL, NTES, PEP, VRSK, EBAY, XLNX, BIDU, JD, SPLK, CHKP, AMD, CRWD, MSFT, WDAY, ADSK, ANSS, AVGO, CPRT, CTSH, EXC, NVDA, OKTA, AAPL, ADBE, COST, DOCU, INTU, LULU, ZM, ATVI, CDNS, DXCM, QCOM, SBUX, AEP, EA, ISRG, MDLZ, SNPS, IDXX, AMZN, CSCO, GOOGL, REGN, ASML, SWKS,
 
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 2
ASML, SWKS,
 
Moving Below 30 DMA = 17
ADI, BKNG, CDW, CERN, FISV, FOXA, HON, ILMN, KDP, MTCH, PTON, ROST, TXN, WBA, VRSN, VRTX, XEL,
 
 
 
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1 comment:

Dave Johnson said...

Ben, you're welcome...Dave