SPX Closes Higher, Nasdaq Composite New All-time Closing High...Technology, Communicaton Services Lead Sectors...After-hours: GOOGL Rises...

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The SPX +9.40, 5,832, opened slightly lower, traded in a range and closed slightly higher.  Breadth was mixed with strength in technology offsetting weakness in sectors. The SPX closed above 5,800 for the eleventh time in twelve days. 

The NDX +0.98% opened flat, trended higher, and closed higher. The NDX is just below its July 10 all-time high. The Nasdaq Composite broke out and made a new all-time closing high.

NVDA +0.73, +0.52% opened flat, traded in a range and closed slightly higher.

After-hours: GOOGL +9.84, +5.80% on a positive earnings reactions.

167 SPX Companies report EPS this week.

SPX companies reporting on Wednesday. 27 BMO: ABBV, ADP, BG, BIIB, CAT, CAT, CDW, DAY, EXC, FTV, GEHC, GPN, GRMN, HES, HUM, ITW, KHC, LLY, MLM, NI, OTIS, SW, TECH, TEL, TT, VMC, VRSK, ZBH. 30 AMC: ACGL, AFL, ALL, AMGN, AWK, BKNG, CHRW, CLX, CTSH, EBAY EG, EQIX, EQR, FRT, GDDY, GEN, INVH, KLAC, MAA, MET, META, MGM, MSFT, PAYC, PRU, PSA, SBUX, SMCI, UDR, VTR.

First day reaction: Q3, Tuesday, (excludes last Tuesday, Wednesday)

Positive: CDNS, INCY, FFIV, LDOS, ZBRA, WM, WELL, GLW, RCL, BRO, CNP, ON, DECK, DLR, RMD COF, AON, WDC, CNC, LHX CINF, TSLA, MOH, WST, CBRE, POOL, RJF, TMUS, NOW, UPS, LRCX, TYL, LH, ALGN, LVS, FTI, NOC, NFLX, ISRG, SNA, TRV, BX, MTB, STLD, DFS, PPG, UAL, SYF, USB, PLD, JBHT, ABT, OMC, WBA, SCHW, PNC, JNJ, FAST, WFC, JPM, BLK, = 61

Neutral:  REG. MAS, MCD, ORLY, DTE, LKQ, DOW, PG, RF, MMC, KMI, STT, BAC, PGR, UNH = 15

Negative:  SWK, F, DHI, PSX, AMT, PYPL, SBAC, MSCI, HUBB, PFE, SYY, ECL, MHK, UHS, HCA, HIG, PFG, CL, DOC, VRSN, DXCM, AJG, EW, WY, NEM, TER, CARR, ROL, TXT, IBM, TSCO, HAS, LUV, HON, KDP, VLTO, UNP, ALLE, DOV, AMP, GL, VLO, URI, SLB, AXP, FITB, ELV, CSX, TFC, CCI, EFX, HBAN, KEY, CFG, BK, DAL, DPZ = 57

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

SPY up .94 at 581.77, 42.9 million shares, average volume,

VIX down .46 at 19.34

QQQ up 4.76 at 500.16

CRM, BA, AMZN, MSFT led the DJIA, 7 advancers, -16       

CDNS, INCY, FFIV, LDOS, ZBRA led the SPX, 157 advancers

CDNS, SNPS, ARM, AVGO led the NDX, 61 advancers

Up:  QQQ, SPY,  

Down:  IWM, DIA,

The SPY MFC green line is pointed down at 79.5 and is short-term bullish, -2.3, because price is above the low of the high day, Oct. 14.

Two of eleven sectors were higher on Tuesday, led by XLK, XLC and XLI. 

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

Neutral sectors: XLE,

Down trend sectors:

The 6-month intermediate trend is up.  The ten-day trend is up a little.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up a little

61 of 100 NDX stocks closed higher on Tuesday.

61 NDX stocks are above their 30 DMA:  CTAS, GILD, PAYX, PYPL, DASH, FTNT, TTD, ADSK, CSCO, BKNG, MAR, FAST, CEG, CRWD, PCAR, ABNB, DDOG, TMUS, ORLY, MU, ADP, ILMN, MRVL, NVDA, LULU, TEAM, SMCI, AAPL, PANW, ZS, TTWO, MNST, EA, DXCM, ISRG, NFLX, SBUX, CMCSA, MSFT, BKR, NXPI, ADI, TSLA, TXN, AMZN, GFS, GOOGL, INTC, META, ODFL, ON, QCOM, ARM, AMD, ANSS, AVGO, CDNS, INTU, MCHP, MDB, SNPS,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 8

AMD, ANSS, AVGO, CDNS, INTU, MCHP, MDB, SNPS, 

Moving Below 30 DMA = 5

CHTR, KHC, LIN, VRTX, XEL,

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