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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