Tuesday, October 26, 2021

SPX, DJI All-time Closing Highs...NVDA Leads NDX...Energy Leads Sectors...

  
© 2021
 
NVDA, CDNS lead NDX and SPX higher.  SPY closed at all-time highs.  QQQ closed higher.  DIA, IWM close lower.
 
Monday: SPX, DJIA new all-time closing high
Tuesday: SPX, DJIA new all-time closing high
After-hours: ENPH +22.33, +12.87%, MSFT +6.19, +2.00%, positive EPS reaction, GOOGL -25.71, -0.92% negative EPS reaction
Wednesday AMC:  EBAY EPS
Thursday AMC:  AAPL, AMZN, SBUX EPS
 

Earnings Reactions Q3 beginning Oct 12:
Up: 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:  MMM, PCAR, ARE, PBCT, T, BK, FITB, HAL, KSU, / C, DPZ, PGR
Down:  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 4,574, and NDX closed at 15,559.
 
SPY up .41 at 455.96, on 56.0 million shares, below average volume, up on higher volume.  
VIX up .74 at 15.98
QQQ up 1.19, +0.31% at 379.12
 
 
PG, CSCO, UNH, JNJ led the DJIA, 16 advancers, -2
UPS, ANET, CNC, ECL led the SPX, 222 advancers.
NVDA, CDNS, REGN, CRWD led the NDX, 46 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ, SPY,
Down: DIA, IWM,
 
SPY = all-time closing high
DIA = new intra-day high
QQQ = BO setup
IWM = channel bounce down.
 
Nine of eleven sectors were higher on Tuesday, led by XLE, XLU and XLV.
 
Energy leaders: XOM, BKR, DVN, FANG
Utilities leaders: NEE, PEG, FE, EXC
Health Care leaders: CNC, REGN, CTLT, TECH
 
Advancers weakened on Tuesday as decliners led 1,844 to 1,498 on the NYSE and led 2,530 to 2,110 on the NASDAQ.
 
The SPY MFC green line is flat at 96.6 and is bullish.  SPY is a new all-time closing high. 
 
 
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
 
46 of 100 NDX stocks closed higher on Tuesday.
 
73 NDX stocks are above their 30 DMA:  NFLX, TSLA, MTCH, MAR, FOXA, 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, XEL, ADI, FISV, TXN, VRSN, AAPL, ADBE, COST, DOCU, INTU, LULU, ZM, ATVI, CDNS, CDW, DXCM, QCOM, SBUX, VRTX, AEP, EA, ISRG, MDLZ, SNPS, WBA, IDXX, PTON, ILMN, ROST, AMZN, BKNG, CERN, CSCO, GOOGL, HON, KDP, REGN,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 8
AMZN, BKNG, CERN, CSCO, GOOGL, HON, KDP, REGN,
 
Moving Below 30 DMA = 4
AMAT, KLAC, NXPI, PDD,
 
 
 
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