NDX All-time Closing High...SPX, DJI Pause after Intraday High...Energy, Technology, Industrials Led Sectors...Afterhours: GOOGL is Up, META, MSFT Down after EPS Beats...

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SPX +15.73, 6,890, closed above 6,800 for the third time.  Breadth was mixed again on Wednesday as decliners led advancers while advancing capital led declining capital.  Government shutdown continued for the twenty-ninth day.  FOMC cut rates to 3.75% to 4.00%.

Breadth weakened on Wednesday as advancers weakened, sectors were unchanged at three, while net change capital remained positive.  TER, STX, CNC, CAT moved higher on positive EPS reactions.  FI, SW, GRMN, VRSK, CSGP moved lower on negative EPS reactions.  The four-week SPY trend is up with a new closing high.  The three- and six-month trends are up.  Dave

Earnings: 10% of the SPX report EPS on Thursday, October 30.

AME AMP APTV BAX BIIB BLDR BMY CAH CI CMCSA CMS DINO DTE EL EME FOXA HII HSY HWM ICE IP K KIM KMB LHX LKQ LLY MA MO MRK PWR SO SPGI TT VMC WEC WTW XEL report EPS before the open on Thursday.  AAPL AJG AMZN COIN DXCM ERIE EW FSLR GDDY GILD IR MSI RMD RSG SYK VICI WDC WY report after market close.

Wednesday after the close GOOGL, META and MSFT report.  All three reported EPS and Sales beats.

Afterhours: GOOGL +13.95, +5.08%, MSFT -12.05, -2.23%, META -67.03, -8.92%

Thursday after the close AAPL and AMZN report.

NDX +0.41%, all-time closing high. 

DJI, 47,632, -0.16%, pause day, led by weakness in UNH, BA and GS.

NVDA +6.01, +2.99%, BO continuation to all-time closing high.

AVGO +13.01, +3.49%, breakout to all-time closing high.

ORCL -5.33, -1.97%, 7-day trading channel at ST support.

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

SPY up +.33 at 687.39, 84.9 million shares, above average volume.

VIX up +.50 at 16.92,

QQQ up +2.85 at 635.77

CAT, NVDA, VZ, CVX led DJIA, 7 advancers, -7

TER, STX, WDC, CNC led SPX, 124 advancers,

AEP, CTSH, PLTR, CEG led NDX, 33 advancers.

Up: QQQ, SPY,

Down: DIA, IWM,

The SPY MFC green line is pointed up at 94.5 and is short-term bullish. +4.1

Three of eleven sectors were higher on Wednesday led by XLE, XLK and XLI. 

Uptrend sectors: XLK, XLU, XLV, XLI, XLC, XLY, XLF, XLE,

Neutral sectors: XLB, XLRE,

Down trend sectors: XLP,

The 6-month intermediate trend breakout is up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

33 of 100 NDX stocks closed higher on Wednesday.

59 NDX stocks are above their 30 DMA: MU, INTC, PANW, ASML, LRCX, DDOG, WBD, ZS, CRWD, AMAT, MRVL, XEL, EA, EXC, AEP, VRTX, AMD, AMGN, ARM, AZN, GILD, PEP, AAPL, GOOGL, KLAC, ON, ROST, ABNB, CSCO, KDP, SBUX, ISRG, MSFT, BIIB, GEHC, MDB, QCOM, CTSH, DXCM, PCAR, TEAM, AVGO, CEG, HON, MRVL, NVDA, PDD, PLTR, PYPL, AMZN, AXON, META, REGN, APP, MELI, TSLA, BKR, CDW, FANG,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 2

CDW, FANG,

Moving Below 30 DMA = 10

ADBE, CCEP, CSX, FTNT, INTU, LULU, MAR, MNST, TRI, TTD,

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