SPX, DJI, NDX All-time Closing Highs Again...TSLA Up in After-hours...Energy, Materials, Discretionary Lead Sectors...AAPL, MSFT, GOOG Report Tuesday AMC...

 
 
© 2021
 
 
NDX, SPX, DJI each made a new all-time closing high on Monday.
 
The big Six report earnings this week.  Monday after the close, TSLA had an initial positive earnings reaction.  AAPL, MSFT, GOOGL report Tuesday, FB Wednesday and AMZN Thursday all AMC.
 
The FOMC meets on Tuesday and Wednesday with their announcement at 2 pm ET and press conference beginning at 2:30 pm ET.
 
____________________________________________________________________
 
Earnings season week 3 continues Tuesday with 22 cos. including GE, MMM, PCAR PHM, ROK, SHW, UP reporting BMO and 22 cos. including AAPL, GOOGL, MSFT, SBUX, V, AMD, ENPH reporting AMC.
 
Earnings reactions through Monday:
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, HAS,
 
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, LMT, OTIS, PKI,
 
AMC Monday: AMP, ARE, CDNS, FFIV, PKG, TSLA, UHS,
 
Up from Initial Reaction:  CTAS, MS, BK, ISRG, NVR, KSU, TSCO, PM, JNJ, MKTX, STX, WHR, ABT, AEP, DHI, FCX, POOL,
____________________________________________________________________
 
Semiconductor stocks, SMH -0.11%, channel bounce pause.
 
DJI +82.76, +0.24%, broke out above its 3-month resistance to a new all-time high and closed at 35,144.  BA, DIS, CVX and DOW were the largest point gainers on Monday.
NDX +14.16, +0.09%, closed at 15,125. 
SPX +10.51, +0.24%, closed at 4,422. 
 
TSLA +2.21%, a channel bounce.  Positive EPS reaction after the close.
 
SPY = All-time closing high.
DIA = IT BO to all-time closing high.
QQQ = All-time closing high.
IWM = Modest channel bounce.
 
Seven of eleven sectors were higher on Monday, led by XLE, XLB and XLY.
 
Energy leaders: SWN, FTI, NOV, DVN, ALB
Basic Materials leaders: FCX, NUE, DOW,
Consumer Discretionary leaders: HAS, CCL, NCLH, RCL
 
 
SPY up 1.08 at 441.02, on 43.6 million shares, below average volume, up on lower volume.  
VIX up .38 at 17.58
 
DOW, INTC, CVX, BA led the DJIA, 20 advancers, -4
HAS, AON, GCI, SWN led the SPX, 227 advancers.
ZM, INTC, MAR, TSLA led the NDX, 44 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: IWM, SPY, DIA, QQQ,
Down:
 
Advancers weakened on Monday as advancers led 1,867 to 1,453 on the NYSE and decliners led 2,477 to 1,941 on the NASDAQ.
 
The SPY MFC green line is pointed up at 88.7 and is bullish.  SPY is 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
 
44 of 100 NDX stocks closed higher on Monday.
 
73 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, WDAY, XLNX, AEP, CSX, CTSH, DLTR, EA, ROST, VRTX, XEL, AAL, BKNG, MAR, TSLA,
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
AAL, BKNG, MAR, TSLA,
 
Moving Below 30 DMA = 1
NVDA,
 
 
Add Comments here: