SPX Pause after Record Close on Thursday...Utilities, Consumer Staples, Communication Services Lead Sectors...FDX Down after EPS Miss...

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The SPX -11.09, 5,702, opened slightly lower on Friday after  a new all-time closing high on Thursday, sold off 39 points before an afternoon rally to close slightly lower. SPX closed above 5,700 for the second time.

The NDX -0.24% opened slightly lower, traded in a lower range and closed slightly lower.

FDX -45.75, -15.23% lower after eps and revenue miss. 

Mega caps AMZN, GOOGL, META rose and AAPL, MSFT, BRK/B, NVDA fell on Friday.

SPY down 2.73 + ex-div 1.746 = -.984 at 568.25, 77.5 million shares, above average volume

VIX down .18 at 16.15

QQQ down .92 at 482.44

NKE, INTC, IBM, PG led the DJIA, 18 advancers, +1

CEG, VST, NRG, PEG led the SPX, 173 advancers

CEG, CRWD, SMCI, EXC, AVGO led the NDX, 29 advancers

Up:  DIA,

Down: SPY, QQQ, IWM,    

Two of eleven sectors were higher on Friday, led by XLU, XLP and XLC.

The SPY MFC green line is pointed up at 92.8 and is short-term bullish. -1

Uptrend sectors:   XLV, XLP, XLRE, XLU, XLF, XLI, XLY, XLC, XLB, XLK,

Neutral sectors: 

Down trend sectors:  XLE,

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 Trend: Up

29 of 100 NDX stocks closed higher on Friday.

69 NDX stocks are above their 30 DMA:  CTAS, GILD, AEP, ADP, PAYX, EXC, XEL, MDLZ, KDP, PYPL, DASH, MELI, ISRG, FTNT, GEHC, COST, TTD, SBUX, ADSK, CCEP, NFLX, CSCO, MRVL, ROP, ROST, WDAY, BKNG, MAR, MDB, MNST, AMZN, FAST, IDXX, LIN, PCAR, TSLA, AMD, AMGN, ARM, MSFT, ADI, AVGO, CEG, CRWD, LULU, CDNS, CDW, META, PCAR, WBD, ABNB, ILMN, QCOM, TXN, CSX, INTC, BKR, QCOM, CMCSA, CSGP, DDOG, TEAM, AAPL, ANSS, CPRT, GOOGL, HON, INTU, TMUS, TXN,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 7

AMAT, DXCM, KLAC, MCHP, NVDA, ODFL, ON, SNPS,

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