DJIA All-time High as SPX Pulls Back Slightly...NDX Falls on INTC, FB Selloff...Financial Leads Sectors...

 
 
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DIA closed at an all-time.  SPY closed slightly lower after making a new all-time intraday high.  IWM and QQQ closed lower on heavy selling in INTC and FB.
 
Wednesday:  DJIA new all-time intra-day high.
Thursday:  SPX new all-time closing high.
Thu After-hours:  SNAP -16.11, -21.45% on negative EPS reaction.
Friday:  DJIA new all-time closing high
 
Earnings Reactions Q3 beginning Oct 12:
Up: AXP, RF, ROP, STX, CE, RHI, SIVB, WHR, WRB, AAL, GPC, KEY, MMC, POOL, TSCO, UNP, VLO, CCI, CSX, PPG, TSLA, ABT, ANTM, CFG, CMA, ISRG, MTB, VZ, DOV, JNJ, SYF, TRV, ZION, STT, / GS, JBHT, PLD, SCHW, TFC, BAC, MS, UNH, WBA, BLK, FRC, FAST
Neutral:  PBCT, T, BK, FITB, HAL, KSU, / C, DPZ, PGR
Down:  SLB, HCA, HON, VFC, CMG, INTC, ALLE, ALK, DGX, DHR, DOW, IPG, IQV, LUV, NUE, NVR, SNA, DFS, EFX, FCX, FTI, GL, IBM, KMI, LRCX, LVS, BKR, MKTX, NDAQ, NFLX, OMC, UAL, PM, PG, PNC, / USB, WFC, DAL, JPM
Week 1 = 19, Week 2 = 77
    
 
SPX closed at 4,544, and NDX closed at 15,355.
 
SPY down .47 at 453.12, on 58.8 million shares, below average volume, down on higher volume.  
VIX up .42 at 15.43
QQQ down 3.17, -0.84% at 374.10
 
 
AXP, GS, UNH, TRV led the DJIA, 15 advancers, +2
SIVB, STX, EBAY, EFX led the SPX, 325 advancers.
EBAY, KLAC, INTU, PDD led the NDX, 49 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: DIA,
Down: SPY, IWM, QQQ,
 
SPY = BO setup after making an intra-day all-time high
DIA = BO to all-time closing high
QQQ = breakout test at MACD divergence bounce target
IWM = pause and slight pullback at weekly resistance.
 
Seven of eleven sectors were higher on Friday, led by XLF, XLE and XLP.
 
Financial leaders: SIVB, AXP, WRB, RF
Energy leaders: FTI, OXY, APA, MRO
Consumer Staples leaders: LW, EL, KR, ADM
 
Advancers were mixed on Friday as advancers led 1,669 to 1,616 on the NYSE and decliners led 2,586 to 1,982 on the NASDAQ.
 
The SPY MFC green line is pointed up at 93 and is bullish.  SPY is a breakout setup after making a new all-time intra-day high. 
 
 
Uptrend sectors:  XLY, XLE, XLF, XLK, XLI, XLB, XLRE, XLC, XLV,
Neutral sectors:  XLP, XLU,
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
 
49 of 100 NDX stocks closed higher on Friday.
 
68 NDX stocks are above their 30 DMA:  NFLX, TSLA, MTCH, MAR, FOXA, SGEN, TCOM, DLTR, PAYX, ADP, CSX, ORLY, TEAM, CTAS, MRVL, NTES, PEP, VRSK, EBAY, XLNX, BIDU, JD, SPLK, CHKP, AMD, CRWD, MSFT, WDAY, ADSK, ANSS, AVGO, CPRT, CTSH, EXC, NVDA, OKTA, XEL, ADI, FISV, TXN, VRSN, AAPL, ADBE, COST, DOCU, INTU, LULU, PDD, ZM, ATVI, CDNS, CDW, DXCM, QCOM, SBUX, VRTX, AEP, EA, ISRG, MDLZ, SNPS, WBA, IDXX, PTON, AMAT, ASML, KDP,
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 3
AMAT, ASML, KDP,
 
Moving Below 30 DMA = 6
AMZN, GOOGL, HON, INTC, NXPI, SIRI,
 
 
 
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