SPY Snaps Back to Post All-time New High Close...AAPL, AKAM, MXIM, WYNN Jump After-hours...

© 2019

Weekly SPX EPS reactions through Tuesday, April 30, 2019:

22 positive:  L, ARE, WDC, CHTR, CMI, COP, FIS, GE, HCA, INCY, IPGP, IR, MA, MCD, MLM, MRK, NLSN, PCAR, PFE, STX, WELL, WRK…

16 negative: VNO, GOOGL, LEG, MGM, SBAC, AOS, BHGE, ECL, ETN, GLW, GM, LLY, PSX, SPG, TDG, WCG…

The DJIA, closed up 38 points at 26,592, led by strength in CVX, TRV, MRK, PG and HD.  Twenty-first straight close above 26,000 since March 1.

Eight of eleven sectors were higher on Tuesday, led by utilities XLU +1.64% and staples XLP +1.16%.

SPY up .15 at 294.02 on 81.1 million shares, 24% above average volume. Up on higher volume.

VIX up .01 at 13.12

Oil down .14 at 63.47

TLT up .63 at 123.65 on 7.9 million shares. 

PFE +2.58%, MRK +2.51%, led the DJIA, 20 advancers, +6

STX +7.52%, GW +4.52% and MHK +4.36%, led the SPX.

NXPI +7.89%, INCY +3.25%, XLNX +2.61%, and FISV +2.57%, led the NDX.

Long term up trend intact.  3-day short term trend is up.

Up: DIA, SPY,

Down: IWM, QQQ,

Breadth weakened on Tuesday, as advancers led 1,588 to 1,309 on the NYSE and decliners led 1,767 to 1,239 on the NASDAQ

The SPY MFC green line is at 96 and is intermediate-term bullish. 

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

Neutral sectors:  XLE, XLV,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

60 of 100 NDX stocks closed higher on Tuesday.

79 NDX stocks are above their 30 DMA:  CDNS, PYPL, ULTA, VRSN, KLAC, SNPS, MDLZ, PAYX, WLTW, CSX, VRSK, ADP, CHKP, CSCO, CMCSA, AAPL, PEP, MSFT, COST, DLTR, AMZN, SYMC, NTAP, SBUX, NTES, ALGN, AVGO, AMD, ADBE, FAST, ILMN, LULU, MAR, PCAR, AMAT, ASML, CELG, CERN, FB, HSIC, LRCX, ROST, SWKS, ADI, ADSK, CTAS, MCHP, MXIM, NXPI, TXN, WYNN, AAL, BKNG, LBTYA, UAL, CHTR, EXPE, TMUS, HAS, QCOM, INTU, IDXX, NFLX, ATVI, MNST, WDAY, EBAY, XRAY, FOXA, CTXS, KHC, TTWO, ALXN, CTRP, JD, CTSH, FISV, GILD, WDC,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 4

CTSH, FISV, GILD, WDC,

Moving Below 30 DMA = 2

GOOGL, MU,

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Stocks Grind Higher on Monday...GOOGL -7% After-hours...

© 2019

Earnings season continues today with 150+ more SPX EPS this week.  Big names include GOOGL, WDC, AAPL, MCD, MRK, PFE, AMD, and QCOM.

The DJIA, closed up 11 points at 26,554, led by strength in GS, JPM, UTX, TRV and V.  Twentieth straight close above 26,000 since March 1.

Five of eleven sectors were higher on Monday, led by financial XLF +1.01% and communication services XLC +0.91%.

SPY up .46 at 293.87 on 57.1 million shares, 11% below average volume. Up on higher volume.

VIX up .38 at 13.11

Oil up .81 at 63.61

TLT down .79 at 123.02 on 10.2 million shares. 

GS +1.89%, JPM +1.44%, led the DJIA, 14 advancers, -7

IR +6.50%, ADM +5.77% and FOSL +3.27%, led the SPX.

TSLA +2.69%, JD +2.52%, AAL +1.90%, and UAL +1.90%, led the NDX.

Long term up trend intact.  3-day short term trend is up.

Up: IWM, QQQ, SPY, DIA,

Down:

Breadth weakened on Monday, as advancers led 1,730 to 1,145 on the NYSE and led 1,824 to 1,187 on the NASDAQ

The SPY MFC green line is at 96 and is intermediate-term bullish. 

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

Neutral sectors:  XLE, XLV,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

51 of 100 NDX stocks closed higher on Monday.

77 NDX stocks are above their 30 DMA:  CDNS, PYPL, ULTA, VRSN, KLAC, SNPS, MDLZ, PAYX, WLTW, CSX, ALXN, GOOGL, VRSK, ADP, CHKP, CSCO, CMCSA, AAPL, PEP, MSFT, COST, DLTR, AMZN, SYMC, NTAP, SBUX, NTES, ALGN, AVGO, AMD, ADBE, FAST, ILMN, LULU, MAR, PCAR, AMAT, ASML, CELG, CERN, FB, HSIC, LRCX, MU, ROST, SWKS, ADI, ADSK, CTAS, MCHP, MXIM, NXPI, TXN, WYNN, AAL, BKNG, LBTYA, UAL, CHTR, EXPE, TMUS, HAS, QCOM, INTU, IDXX, NFLX, ATVI, MNST, WDAY, EBAY, XRAY, FOXA, CTXS, KHC, TTWO,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 3

ALXN, CTRP, JD,

Moving Below 30 DMA = 3

CTSH, GILD, WDC,

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SPY, QQQ New All-time Closing High as Earnings Season Continues...

© 2019

QQQ, IWM, SPY led DIA in Rally Week 18…

                  (click image to enlarge)

A big week for earnings in general and specifically for the SPX.  Earnings season continues next week with 150+ more SPX EPS.  Big names include GOOGL, WDC, AAPL, MCD, MRK, PFE, AMD, and QCOM.

Weekly SPX EPS reactions through Friday, April 26, 2019:

80 positive:  KMB, CDNS, CE, WHR, ZION, CNC, DGX, FITB, HAS, KO, LMT, NEE, NTRS, NUE, PGR, PHM, SHW, TWTR, UTX, EBAY, FE, TXN, ANTM, APD, BA, DTE, FE, FLIR, NSC, TEL, TROW, AMP, AVB, CINF, DRE, FB, FBHS, HP, LRCX, MSFT, PYPL, RJF, VAR, ABBV, AEP, ALLE, ALXN, BMY, CMCSA, CMS, HSY, IP, IVZ, LUV, TSCO, VLO, WEC, XEL, AFL, AJG, ALK, AMZN, CERN, COF, DFS, F, FTI, NOV, PFG, RSG, SBUX, SIVB, SWN, VRSN, AON, CL, COG, IPG, VTR, WY…

72 negative: HAL, GWW, HOG, NEE, PG, STT, VZ, WAT, EW, RHI, SYK, TSS, APH, AVY, BIIB, BSX, CAT, GD, NDAQ, NOC, ROL, SWK, T, TMO, ALGN, CMG, CTXS, EFX, ESS, FFIV, ORLY, PKG, V, XLNX, ADS, BAX, BMY, DHI, FCX, HBAN, HES, IRM, ITW, LKQ, MAS, MMC, MMM, MO, NEM, ROK, ROP, RTN, UPS, WAB, WM, XRX, DLR, EMN, ILMN, INTC, JNPR, MAT, MHK, PKI, UHS, AAL, ADM, BEN, CVX, LYB, XOM, ZBH

The DJIA, closed up 81 points at 26,543, led by strength in UNH, CAT, DIS, PG and V.  Nineteenth straight close above 26,000 since March 1.

Nine of eleven sectors were higher on Friday, led by healthcare XLV +1.00% and financial XLF +0.91%.

SPY up 1.36 at 293.41 on 50.9 million shares, 21% below average volume. Up on lower volume.

VIX down .52 at 12.73

Oil down 2.31 at 62.80

TLT up .42 at 123.81 on 5.9 million shares. 

UNH +2.69%, PG +2.50%, led the DJIA, 21 advancers, +7

CINF +11.58%, HSY +4.59% and FBHS +4.41%, led the SPX.

ALGN +7.16%, VRSN +5.65%, TTWO +3.61%, and MNST +3.02%, led the NDX.

Long term up trend intact.  3-day short term trend is up.

Up: IWM, SPY, DIA, QQQ,

Down:

Breadth strengthened on Friday, as advancers led 1,928 to 918 on the NYSE and led 2,020 to 1,016 on the NASDAQ

The SPY MFC green line is at 95 and is intermediate-term bullish. 

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

Neutral sectors:  XLE, XLV,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

72 of 100 NDX stocks closed higher on Friday.

77 NDX stocks are above their 30 DMA:  CDNS, PYPL, ULTA, VRSN, KLAC, SNPS, MDLZ, PAYX, WLTW, CSX, ALXN, GOOGL, VRSK, ADP, CHKP, CSCO, CMCSA, AAPL, PEP, MSFT, COST, DLTR, AMZN, SYMC, NTAP, SBUX, NTES, ALGN, AVGO, AMD, ADBE, FAST, ILMN, LULU, MAR, PCAR, AMAT, ASML, CELG, CERN, FB, HSIC, LRCX, MU, ROST, SWKS, ADI, ADSK, CTAS, MCHP, MXIM, NXPI, TXN, WDC, WYNN, AAL, BKNG, LBTYA, UAL, CHTR, EXPE, TMUS, HAS, QCOM, INTU, IDXX, NFLX, ATVI, CTSH, MNST, WDAY, EBAY, XRAY, FOXA, CTXS, GILD, KHC, TTWO,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 4

CTXS, GILD, KHC, TTWO,

Moving Below 30 DMA = 5

ALXN, ILMN, INTC, INTU, NVDA,

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MMM Sinks Leads DJIA Lower, INTC, ILMN Drop After-hours...

© 2019

Weekly SPX EPS reactions through Thursday: 58 positive:  KMB, CDNS, CE, WHR, ZION, CNC, DGX, FITB, HAS, KO, LMT, NEE, NTRS, NUE, PGR, PHM, SHW, TWTR, UTX, EBAY, FE, TXN, ANTM, APD, BA, DTE, FE, FLIR, NSC, TEL, TROW, AMP, AVB, CINF, DRE, FB, FBHS, HP, LRCX, MSFT, PYPL, RJF, VAR, ABBV, AEP, ALLE, ALXN, BMY, CMCSA, CMS, HSY, IP, IVZ, LUV, TSCO, VLO, WEC, XEL,…56 negative: HAL, GWW, HOG, NEE, PG, STT, VZ, WAT, EW, RHI, SYK, TSS, APH, AVY, BIIB, BSX, CAT, GD, NDAQ, NOC, ROL, SWK, T, TMO, ALGN, CMG, CTXS, EFX, ESS, FFIV, ORLY, PKG, V, XLNX, ADS, BAX, BMY, DHI, FCX, HBAN, HES, IRM, ITW, LKQ MAS, MMC, MMM, MO, NEM ROK, ROP, RTN, UPS, WAB, WM, XRX

The DJIA, closed down 134 points at 26,462, led by weakness in MMM, AAPL, CAT, IBM and VZ.  Eighteenth straight close above 26,000 since March 1.

Four of eleven sectors were higher on Thursday, led by communication services XLC +1.12% and healthcare XLV +1.03%.

SPY down .18 at 292.05 on 57.7 million shares, 12% below average volume. Down on higher volume.

VIX up .11 at 13.25

Oil down .67 at 65.11

TLT down .18 at 123.39 on 5.3 million shares. 

MSFT +3.31%, MRK +2.15%, led the DJIA, 14 advancers, +1

CINF +11.58%, HSY +4.59% and FBHS +4.41%, led the SPX.

FB +5.85%, LRCX +4.93%, ALXN +4.30%, and REGN +2.80%, led the NDX.

Long term up trend intact.  3-day short term trend is up.

Up: QQQ,

Down: SPY, DIA, IWM,

Breadth weakened on Thursday, as decliners led 1,832 to 1,008 on the NYSE and led 1,755 to 1,236 on the NASDAQ

The SPY MFC green line is at 94 and is intermediate-term bullish. 

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

Neutral sectors:  XLE, XLV,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

40 of 100 NDX stocks closed higher on Thursday.

78 NDX stocks are above their 30 DMA:  CDNS, PYPL, ULTA, VRSN, KLAC, SNPS, MDLZ, PAYX, WLTW, CSX, ALXN, GOOGL, VRSK, ADP, CHKP, CSCO, CMCSA, AAPL, PEP, INTC, MSFT, COST, DLTR, AMZN, NVDA, SYMC, NTAP, SBUX, NTES, ALGN, AVGO, AMD, ADBE, FAST, ILMN, LULU, MAR, PCAR, AMAT, ASML, CELG, CERN, FB, HSIC, LRCX, MU, ROST, SWKS, ADI, ADSK, CTAS, MCHP, MXIM, NXPI, TXN, WDC, WYNN, AAL, BKNG, LBTYA, UAL, CHTR, EXPE, TMUS, HAS, QCOM, INTU, IDXX, NFLX, ATVI, CTSH, MNST, WDAY, EBAY, XRAY, ALXN, FOXA, ILMN,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 3

ALXN, FOXA, ILMN,

Moving Below 30 DMA = 4

JD, KHC, ORLY, XLNX,

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IWM Rises as SPY, DIA, QQQ Pause Day after Record Close...FB, MSFT, LRCX Soar After-hours...

© 2019

Weekly SPX EPS reactions through Wednesday: 31 positive:  KMB, CDNS, CE, WHR, ZION, CNC, DGX, FITB, HAS, KO, LMT, NEE, NTRS, NUE, PGR, PHM, SHW, TWTR, UTX, EBAY, FE, TXN, ANTM, APD, BA, DTE, FE, FLIR, NSC, TEL, TROW…23 negative: HAL, GWW, HOG, NEE, PG, STT, VZ, WAT, EW, RHI, SYK, TSS, APH, AVY, BIIB, BSX, CAT, GD, NDAQ, NOC, ROL, SWK, T, TMO

The DJIA, closed down 59 points at 26,597, led by weakness in CAT, CVX, GS, XOM and JNJ.  Seventeenth straight close above 26,000 since March 1.

Five of eleven sectors were higher on Wednesday, led by real estate XLRE +0.70% and utilities XLU +0.64%.

SPY down .65 at 292.23 on 50.3 million shares, 24% below average volume. Down on lower volume.

VIX up .86 at 13.14

Oil down .40 at 65.78

TLT up 1.00 at 123.57 on 7.3 million shares. 

DIS +1.30%, MCD +1.21%, led the DJIA, 13 advancers, -9

APC +11.58%, TEL +6.70% and FLIR +5.47%, led the SPX.

EBAY +5.04%, ADI +2.79%, HAS +2.51%, and KLAC +2.01%, led the NDX.

Long term up trend intact.  3-day short term trend is up.

Up: IWM,

Down: DIA, SPY, QQQ,

Breadth weakened on Wednesday, as advancers led 1,444 to 1,418 on the NYSE and decliners led 1,581 to 1,443 on the NASDAQ

The SPY MFC green line is at 94 and is intermediate-term bullish. 

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

Neutral sectors:  XLE, XLV,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

52 of 100 NDX stocks closed higher on Wednesday.

79 NDX stocks are above their 30 DMA:  CDNS, PYPL, XLNX, ULTA, VRSN, KLAC, SNPS, MDLZ, PAYX, WLTW, CSX, ALXN, GOOGL, VRSK, ADP, CHKP, CSCO, CMCSA, JD, AAPL, PEP, INTC, MSFT, COST, DLTR, AMZN, NVDA, SYMC, NTAP, SBUX, NTES, ALGN, AVGO, ORLY, AMD, ADBE, FAST, ILMN, LULU, MAR, PCAR, AMAT, ASML, CELG, CERN, FB, HSIC, LRCX, MU, ROST, SWKS, ADI, ADSK, CTAS, MCHP, MXIM, NXPI, TXN, WDC, WYNN, AAL, BKNG, LBTYA, UAL, KHC, CHTR, EXPE, TMUS, HAS, QCOM, INTU, IDXX, NFLX, ATVI, CTSH, MNST, WDAY, EBAY, XRAY,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 2

EBAY, XRAY,

Moving Below 30 DMA = 7

BIDU, CTRP, CTXS, FISV, FOXA, MELI, SIRI,

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