NDX, SPX Breakout to New All-time Closing High....DJI Closing High > 35,000...Communication Services Lead Sectors...FOMC Meet Next Week...

  
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NDX, SPX, DJI each made a new all-time closing high on Friday.
 
The big Six report earnings next week with TSLA Monday, AAPL, MSFT, GOOGL Tuesday, FB Wednesday and AMZN Thursday.
 
The FOMC meets on Tuesday and Wednesday with their announcement at 2 pm ET and press conference beginning at 2:30 pm ET.
 

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Earnings season day 10 continues Monday with HAS, LMT, OTIS reporting BMO and AMP, ARE reporting AMC.
 
Earnings reactions through Friday:
Positive (1%+):  PEP, WFC, TFC, UNH, USB, STT, IBM, JBHT, ZION, DOV, HAL, HCA, KEY, SYF, CMG, UAL, CMA, IPG, KO, NDAQ, NTRS, CSX, DGX, DHR, DOW, DPZ, MMC, NUE, UNP, SNAP, CE, RHI, TWTR, AXP, NEE, ROP, SLB,
 
Neutral/Negative:  FRC, JPM, GS, CAG, FAST, BAC, BLK, C, DAL, PNC, PGR, SCHW, PLD, PPG, OMC, TRV, ANTM, BKR, MTB, NFLX, VZ, CCI, DFS, EFX, FTI, GL, KMI, LVS, TXN, AAL, ALLE, ALK, FITB, GPC, LUV, NEM, SNA, T, COF, FE, INTC, SIVB, VRSN, WRB, HON, KMB, RF,
 
AMC Monday:
 
Up from Initial Reaction:  CTAS, MS, BK, ISRG, NVR, KSU, TSCO, PM, JNJ, MKTX, STX, WHR, ABT, AEP, DHI, FCX, POOL,
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Semiconductor stocks, SMH +0.73%, channel bounce. 

 
DJI +238.20, +0.68%, closed at 35,061.  HD, V, MCD and MSFT were the largest point gainers on Friday.
NDX +171.63, +1.15%, closed at 15,111. 
SPX +44.31, +1.01%, closed at 4,411. 
 
TSLA -0.91%, a channel bounce pullback.
 
SPY = BO to all-time closing high.
DIA = All-time closing high.
QQQ = BO to all-time closing high.
IWM = ST support bounce in channel.
 
Ten of eleven sectors were higher on Friday, led by XLC, XLU and XLP.
 
Communication Services leaders: FB, GOOGL, IPG, TWTR
Utilities leaders: ETR, ATO, LNT, AWK
Consumer Staples leaders: MNST, CLX, EL, CL
 
 
SPY up 4.48 at 439.94, on 63.7 million shares, average volume, up on higher volume.  
VIX down .49 at 17.20
 
V, HD MCD, NKE led the DJIA, 24 advancers, +10
RHI, DHI, ETSY, IPG led the SPX, 408 advancers.
MRNA, FB, GOOGL, MTCH, OKTA led the NDX, 85 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ, SPY, DIA, IWM,
Down:
 
Advancers strengthened on Friday as advancers led 2,049 to 1,247 on the NYSE and decliners led 2,199 to 2,174 on the NASDAQ.
 
The SPY MFC green line is pointed up at 77.6 and is bullish.  SPY is a BO to an all-time closing high. 
 
 
Uptrend sectors:  XLRE, XLV, XLP, XLK, XLC, XLY,
Neutral sectors:  XLI, XLF, XLU, XLB, 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
 
85 of 100 NDX stocks closed higher on Friday.
 
70 NDX stocks are above their 30 DMA:  PAYX, INTU, GOOGL, IDXX, ILMN, SNPS, MRNA, PYPL, EBAY, REGN, DXCM, ADBE, DOCU, LULU, MSFT, TEAM, AMZN, ISRG, ANSS, CDNS, QCOM, SPLK, AAPL, CPRT, MELI, ADSK, CDW, COST, ORLY, SWKS, VRSK, ADP, AMGN, GILD, PEP, SBUX, FAST, CHKP, MDLZ, MNST, CHTR, CTAS, AMD, OKTA, PTON, ALGN, CSCO, EXC, MRVL, HON, AMAT, ASML, AVGO, CMCSA, FB, FISV, KLAC, LRCX, MTCH, NVDA, WDAY, XLNX, AEP, CSX, CTSH, DLTR, EA, ROST, VRTX, XEL,
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 6
CTSH, DLTR, EA, ROST, VRTX, XEL,  
 
 
Moving Below 30 DMA = 4
JD, NTES, TSLA, VRSN,  
 
 
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