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The SPX -43.89, 4,967.23, opened lower, trended down and closed lower for a sixth day.
AXP +13.54, +6.23%, 231.04, led the DJIA after a
positive earnings reaction.
NVDA -84.71, -10.00%, 762.00, opened lower, trended down and closed
lower. Semiconductor and technology stocks accelerated their downward momentum on Friday.
NFLX -55.52, -9.09%, 581.49, after earnings and revenue beat,
announces changes to reporting of quarterly membership numbers starting with Q1
2025 earnings.
SMCI -214.83, -23.14%, 713.65, was the largest percentage
decliner in the SPX.
Monday Q1 day 7:
BMO: TFC, VZ, AMC: AMP, ARE, BRO, CDNS, GL, NUE, PKG
First day reaction: Q1
Positive: AXP, FITB, GPC, DFS,
ELV, KMI, MMC, CMA, CCI, UAL, CFG, OMC, UNH, MS, MTB, GS, SCHW,
STT, STZ = 19
Neutral: HBAN, PG, RF, CSX, DHI,
KEY, PGR, WFC = 8
Negative: NFLX, PPG, SLB,
ISRG, LVS, EFX, SNA, BX, JBHT, TRV, PLD, ASML, USB, ABT, NTRS,
BAC, JNJ, PNC, BK, JPM, BLK, C, KMX, FAST, DAL = 24
Mega caps NVDA, META, AMZN, TSLA,
MSFT, GOOGL, AAPL fell on Friday.
SPY down 4.36 at 495.16 on 102.2 million
shares, above average volume,
VIX up .71 at 18.71
QQQ down 8.76 at 414.65
AXP, JPM, AMGN, KO led the DJIA, 21 advancers, +6
PARA, FITB, KMI, BAC led the SPX, 335 advancers
WBA, ADSK, EXC, AMGN led the NDX, 39 advancers
Up: DIA, IWM,
Down: SPY, QQQ,
Six of eleven sectors were higher on Friday,
led by XLU, XLF and XLE.
The SPY
MFC green line is pointed down at 4.7 and is short-term bearish.
Uptrend sectors: XLE,
XLC, XLU, XLI, XLB, XLF, XLP,
Neutral sectors: XLY, XLV,
Down trend sectors: XLK, XLRE,
The 6-month intermediate
trend is up. The ten-day trend is down.
3-month Intermediate Term Market
Trend: Up
3-day Short Term Market Trend: Down
39 of 100 NDX stocks
closed higher on Friday.
11 NDX stocks are above their 30
DMA: CTAS,
FANG, AZN, GOOGL, KHC, KDP, XEL, PEP, AEP, EXC, TMUS,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 3
AEP, EXC, TMUS,
Moving Below 30 DMA = 4
CEG, DDOG, MU, PANW,
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