Thursday, April 29, 2021

SPX All-time Closing High...AMZN Rises After-hours on Positive EPS Reaction...


© 2021
 
Thursday After-hours Earning Reactions:
Up – AMZN, WDC, FTNT,  
DownTWTR, SWKS, ETH, DXCM, GILD, KLAC
 
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The big six finished reporting earnings today after AMZN +81.69, +2.35% rose in after-hours on a positive earnings reaction.
AAPL -0.07%, and FB +7.30% reported Wednesday after the close.
MSFT -0.81%, down for a second day GOOGL +1.43% up for a second day, reported Tuesday after the close.
TSLA -2.51%, down for a third day, after reporting Monday AMC.
 
 
Thirty-one percent or 155 SPX stocks reported earnings between Tuesday and today after the close.
 
 
DJI +239.98, -0.71%, closes at 34,060.  UNH, HD, GS and V were the largest point gainers on Thursday.
 
NDX +68.59, +0.49%, closes at 13,970.
SPX +28.29, +0.68%, ended at 4,211, an all-time closing high.
 
TSLA -1.47%, closed just above short-term support.
 
SPY = all-time new high.
DIA = bull flag bounce.
QQQ = an HBO setup.
IWM = channel bounce pause.
 
 
Nine of eleven sectors were higher on Thursday, led by XLC, XLF and XLE.
 
Communication Services leaders: DISH, FB, CMCSA, IPG
Financial leaders: CINF, COF, SPGI, CB
Energy leaders: NOV, SLB, CVX, PXD
 
SPY up 2.66 at 420.06, on 78.5 million shares, average volume, up on higher volume. 
VIX up .33 at 17.61
 
NKE, JPM, UNH, HD led the DJIA, 24 advancers, +10
DISH, TAP, GNRC, CINF led the SPX, 391 advancers.
FB, QCOM, CMCSA, KHC led the NDX, 60 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: DIA, SPY, QQQ,
Down: IWM,
 
Advancers weakened on Thursday as advancers led 1,743 to 1,574 on the NYSE and decliners led 2,317 to 1,918  on the NASDAQ.
 
The SPY MFC green line is pointed up at 97 and is bullish.  SPY is a new all-time closing high. 
 
 
Uptrend sectorsXLF, XLI, XLB, XLRE, XLK, XLY, XLV, XLC, XLP, XLU, XLE,
Neutral sectors: 
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 TrendUp a little
 
60 of 100 NDX stocks closed higher on Thursday.
 
71 NDX stocks are above their 30 DMA:   ORLY, AEP, XEL, AMAT, EXC, FB, FAST, CSX, MNST, COST, ASML, CERN, CDW, SBUX, ADBE, LRCX, REGN, ROST, SWKS, VRSK, VRSN, EA, TMUS, ADSK, ALGN, ANSS, GOOGL, ISRG, MSFT, MXIM, NVDA, SNPS, AAPL, AMZN, CPRT, INTU, CHKP, DXCM, PYPL, MELI, ALXN, DOCU, IDXX, LULU, OKTA, MRNA, TEAM, INCY, CHTR, NTES, PAYX, AMD, BKNG, MTCH, PDD, QCOM, WDAY, XLNX, CTSH, TCOM, WDC, MAR, MDLZ, ADI, CMCSA, CSCO, CTAS, DLTR, KHC, MCHP, PEP,
 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 8
ADI, CMCSA, CSCO, CTAS, DLTR, KHC, MCHP, PEP,
 
Moving Below 30 DMA = 6
EBAY, FISV, ILMN, SGEN, TSLA, ZM,
 
 
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