Futures Fall Early Friday Following Tariff Comments...MSFT Up, SWKS Down on EPS...

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Earnings continue next week reports coming from

NDX stocks: HAS, GOOG, CDNS, BIIB, PCAR, TXN, SIRI, CHKP, FB, PYPL, ALGN, GILD, VRTX, CTXS, QCOM, XLNX, MDLZ, AAL, ALXN, CELG, ORLY, MXIM, EXPE, EA, INTC, LRCX, SBUX, AMZN and WDC. 

DJIA stocks: UTX, VZ, MMM, KO, BA, V, MCD, INTC, MRK, XOM and CVX.

Three sectors were higher on Friday, led by staples XLP +0.61% and financial XLF +0.18%.

The DJIA, closed down 6 points at 25,058, led by weakness in IBM and CAT and offset by strength in GS, MSFT and JPM.  This is the sixth consecutive close above 25,000 since June 15.

SPY down .32 at 279.68, on 82.3 million shares, 17% above average volume. Down on higher volume.

VIX down .01 at 12.86

Oil up .13 at 68.14

TLT down 1.50 at 120.76 on 10.4 million shares.

MSFT +1.79%, JPM +1.26%, led the DJIA, 13 advancers, +5.

PM +4.22%, VFC +3.70% and HON +3.79%, led the SPX.

CTAS +5.11%, IDXX +2.19%, ASML +2.11%, and ALGN +1.37%, led the NDX.

Intermediate and long term up trend intact.  3-day short term trend is up.

Up: 

Down: DIA, QQQ, SPY, IWM

Breadth weakened on Friday, as decliners led 1,531 to 1,325 on the NYSE and led 1,498 to 1,377 on the NASDAQ

The SPY MFC green line is in the upper zone at 93, bullish. 

Uptrend sectors:  XLV, XLY, XLK, XLU, XLRE, XLP,

Neutral sectors: XLE, XLB, XLF, XLI,

Down trend sectors:

The 6-month intermediate and long-term trends are still up.  The three-month trend is now up.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Sideways

32 of 100 NDX stocks closed higher on Friday.

67 NDX stocks are above their 30 DMA.  COST, FB, EA, AMGN, REGN, HAS, MDLZ, MNST, HOLX, HSIC, NTES, CTSH, ALXN, ISRG, AMZN, ATVI, CMCSA, CTRP, GILD, IDXX, INTU, SHPG, TTWO, BMRN, CELG, ILMN, VRTX, CDNS, CHKP, EXPE, FISV, QRTEA, BIIB, CA, CTAS, FB, GOOGL, MELI, ORLY, PAYX, PYPL, SYMC, VRSK, WDAY, CTXS, MSFT, BIDU, ULTA, SNPS, FAST, AAPL, ADBE, ADP, ALGN, DLTR, MXIM, QCOM, TXN, WBA, ASML, PCAR, ROST, XLNX, CSX, LRCX, MAR, XRAY,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 5

FOXA, KLAC, NVDA, SIRI, SWKS

Intermediate-term trending stocks: 

RACE, ADBE, IBKR, ETFC, MA, V, ISRG, WIX, NDAQ, WYNN, VRSN, TAL, COP, CRM, NTAP, RNG, AA, WUBA, FCAU, NVDA, SQ, ALGN, AKAM, SHOP, EL

BA, MU, MAR, CMA, CME, ANET, HRS, KORS,

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