AAPL, FB, AMZN EPS Beat Lifts NDX, SPX, DJI as RUT Falls...

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NDX +190.37, +1.78% and SPX +24.90, +0.77%.  NDX is a channel bounce continuation.  SPX gapped up opened higher and closed higher after a morning selloff.  SPX also gapped up, pulled back gave a fourth chance trigger on a bull flag entry and closed higher.  

AAPL +40.28, +10.47%, FB +19.17, +8.17% and AMZN +112.80, +3.70% rose on positive EPS reactions.   

CLX and 9 other SP500 stocks report before the open on Monday.

Six of eleven sectors were higher on Friday, led by XLK, XLC and XLY.

Technology leaders:  AAPL, ANET, NTAP, LDOS

Communication Services leaders:  FB, CHTR, TTWO, EA

Consumer Discretionary leaders:  AMZN, TGT, EBAY, NKE

SPY up 2.56 at 326.52 on 85.2 million shares, average volume, up on higher volume.

VIX down .30 at 24.46

AAPL, MRK, CSCO led the DJIA, 10 advancers, +5

KSU, CHD PEG, NEM led the SPX, 230 advancers

FB, IDXX AMZN NTAP led the NDX, 55 advancers

The two-year trend term is up.  The one-year trend is up.

Up: QQQ, SPY, DIA,

Down: IWM,

Breadth strengthened on Friday as decliners led 1,725 to 1,249 on the NYSE and led 2,258 to 1,146 on the NASDAQ

The SPX MFC green line is pointed up at 89 and is short-term bullish.  Price action is bull flag bounce.

Uptrend sectors:  XLP, XLB, XLY, XLV, XLK, XLC, XLI,

Neutral sectors:  XLU, XLRE, XLF, XLE,

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

55 of 100 NDX stock closed higher on Friday.

71 NDX stocks are above their 30 DMA:  AMZN, CDNS, IDXX, NVDA, SWKS, AAPL, FAST, MELI, PYPL, SPLK, ALGN, TSLA, NTES, MXIM, LRCX, EA, TTWO, ATVI, ILMN, ANSS, AMGN, DOCU, DXCM, PEP, VRSK, XLNX, CHKP, COST, MNST, CHTR, CMCSA, CTSH, KHC, PCAR, AMD, CTAS, ISRG, LULU, ORLY, XEL, CPRT, CSX, EXC, TCOM, CSCO, MRNA, FISV, SIRI, VRSN, AMAT, BIIB, INTU, LBTYA, QCOM. REGN, SNPS, CDW, JD, ROST, SBUX, KLAC, ADBE, AVGO, EBAY, FB, MSFT, NFLX, NTAP, NXPI, TMUS, WDC,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 10

ADBE, AVGO, EBAY, FB, MSFT, NFLX, NTAP, NXPI, TMUS, WDC,

Moving Below 30 DMA = 6

BKNG, CERN, DLTR, EXPE, GOOGL, MU,

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