SPX Closes Higher, NDX Flat...Financial, Basic Materials, Utilities Lead Sectors...GOOGL Report AMC Tuesday...

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The SPX +15.40, 5,823, opened higher, traded in a range and closed below its open.  Breadth was mixed with strength in sectors and advancers which outweighed weakness in technology. The SPX closed above 5,800 for the tenth time in eleven days. 

The NDX -0.00% opened higher, traded in a range, and closed -.95 point lower, essentially unchanged for the day. The NDX is still below its July 10 all-time high.

NVDA -1.02, -0.72% opened slightly higher, traded in a range and closed slightly lower.

167 SPX Companies report EPS this week.

SPX companies reporting on Tuesday. 17 BMO: AMT, DHI, ECL, GLW, HUBB, INCY, LDOS, MAS, MCD, MSCI, PFE, PSX PYPL, RCL, SWK, SYY, ZBRA. 22 AMC: AMD, BXP, CB, CMG, CZR, DVA, EA, EIX, EQT, ESS, EXR, FE, FMC, FSLR, GOOGL, IEX, MDLZ, OKE, QRVO, RSG, SYK, V.

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

Positive: 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, = 51

Neutral:  ORLY, DTE, LKQ, DOW, PG, RF, MMC, KMI, STT, BAC, PGR, UNH = 12

Negative:  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 = 45

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

SPY up 1.79 at 580.83, 30.1 million shares, below average volume,

VIX down .53 at 19.80

QQQ up .08 at 495.40

MMM, GS, AXP, JPM led the DJIA, 23 advancers, +15         

ALB, CCL, STLD, NUE led the SPX, 352 advancers

ARM, MRNA, PDD, NXPI led the NDX, 52 advancers

Up:  IWM, DIA, SPY, QQQ,

Down: 

The SPY MFC green line turned down at 81.8 and is counter-trend defensive, -2.9, because price is at the low of the high day, Oct. 14.

Nine of eleven sectors were higher on Monday, led by XLF, XLB and XLU. 

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 down a little.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up a little

52 of 100 NDX stocks closed higher on Monday.

58 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, CHTR, CMCSA, MSFT, BKR, NXPI, XEL, ADI, TSLA, TXN, VRTX, AMZN, GFS, GOOGL, INTC, META, ODFL, ON, QCOM, ARM, KHC, LIN,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 3

ARM, KHC, LIN,    

Moving Below 30 DMA = 2

ANSS, FANG,

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