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Friday, BMO, the Employment Situation report was 49,000 new jobs vs. consensus estimate of 50,000 for January.
NDX +43.07, +0.34%, rose to an all-time high. SPX +15.09, +0.39%, closed at 3,886, another all-time high.
ATVI +8.93, +9.64%, led the NDX & SPX and EL +19.76, +7.81%, both c losing at a all-time highs after a positive EPS reactions. TSLA +0.16% rose after a two-day pause.
Ten of eleven sectors were higher on Friday, led by XLB, XLC and XLY.
Basic Materials leaders: FCX, WRK, LIN, SEE
Communication Services leaders: ATVI, NWSA, LUMN, VIAC
SPY up 1.52 at 387.71 on 48.6 million shares, below average volume, up on lower volume.
VIX down .90 at 20.87
NKE, CSCO, DOW, JNJ led the DJIA, 21 advancers, -6
The two-year trend term is up. The one-year trend is up.
Up: IWM, SPY, QQQ, DIA,
Advancers weakened slightly on Friday as advancers led 2,152 to 1,061 on the NYSE and led 2,591 to 1,343 on the NASDAQ.
The SPY MFC green line is pointed up at 84.2 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
53 of 100 NDX stocks closed higher on Friday.
67 NDX stocks are above their 30 DMA: AMAT, ASML, AVGO, TSLA, BIDU, ILMN, CERN, SWKS, NTES, 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, TEAM, TXN, WDAY, ZM, ADBE, CMCSA, FB, EXC, INTU, MNST, FISV, ROST, CTAS, DOCU, IDXX, MCHP, MTCH, PAYX, SBUX, ADSK, CPRT, FOXA, KHC, MAR, SGEN, TCOM,
NDX Stocks to Watch on Monday:
Moving Below 30 DMA = 5
ADP, LRCX, MRVL, PTON, SPLK,
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