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Friday, before the open at 8:30 a.m. ET, the Employment Situation report will be released. Consensus estimate is +50,000 nonfarm payrolls for January.
NDX +158.52, +1.18%, rose to a new all-time high. SPX +41.57, +1.09%, closed at 3,871, another all-time high.
ALGN +68.98, +12.63%, led the NDX, closing at a new all-time high after record EPS.
After-hours earnings reactions: ATVI, GILD rose and PTON, TMUS, SNAP.
Ten of eleven sectors were higher on Thursday, led by XLF, XLK and XLE.
Financial leaders: AIG, MET, COF, DFS
Technology leaders: PYPL, CDW, PVH, EBAY
SPY up 4.34 at 386.19 on 52.4 million shares, below average volume, up on lower volume.
VIX down 1.14 at 21.77
V, TRV, AXP, CSCO led the DJIA, 27 advancers, +14
The two-year trend term is up. The one-year trend is up.
Up: IWM, QQQ, SPY, DIA,
Advancers strengthened on Thursday as advancers led 2,336 to 875 on the NYSE and led 2,903 to 1,035 on the NASDAQ.
The SPY MFC green line is pointed up at 71.6 and is bullish. Price action is a horizontal breakout to a new high.
Uptrend sectors: XLU, XLB, XLI, XLY, XLP, XLV, XLF, XLC, XLK, XLE,
Down trend sectors:
The 6-month intermediate trend is up. The ten-day trend is up.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
82 of 100 NDX stocks closed higher on Thursday.
65 NDX stocks are above their 30 DMA: AMAT, ASML, AVGO, TSLA, BIDU, ILMN, CERN, SWKS, NTES, MRVL, INTC, PDD, KLAC, EBAY, GILD, WBA, BIIB, PCAR, CTAS, GOOGL, MSFT, MRNA, WDC, DXCM, MELI, MU, NFLX, ATVI, AAPL, AEP, ALGN, AMZN, ANSS, CDNS, CDW, CSCO, JD, NVDA, NXPI, OKTA, PYPL, SNPS, SPLK, TEAM, TXN, WDAY, ZM, ADBE, CMCSA, FB, EXC, INTU, MNST, FISV, ROST, ADP, CTAS, DOCU, IDXX, LRCX, MCHP, MTCH, PAYX, PTON, SBUX,
NDX Stocks to Watch on Friday:
Moving Below 30 DMA = 1
QCOM,
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2 comments:
Thank you, Dave!
Thanks Dave for continuing you posts. Appreciate it. Robert CANI
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