Monday, October 25, 2021

SPX, DJIA All-time Closing Highs...TSLA Leads NDX, SPX...Consumer Discretionary Leads Sectors...FB Up on Positive EPS Reaction...

  
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TSLA leads NDX and SPX higher.  SPY and DIA closed at all-time highs.  QQQ and IWM closed higher. 
 
Monday: SPX, DJIA new all-time closing high
After-hours: FB +5.88, +1.79%, positive EPS reaction
Tuesday AMC: AMD, GOOGL, MSFT EPS
Wednesday AMC:  EBAY EPS
Thursday AMC:  AAPL, AMZN, SBUX EPS
 
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:  OTIS, KMB, / 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 4,566, and NDX closed at 15,514.
 
SPY up 2.43 at 455.55, on 45.2 million shares, below average volume, up on lower volume.  
VIX down .19 at 15.24
QQQ up 3.83, +1.02% at 377.93
 
 
DIS, HD, WMT, V led the DJIA, 18 advancers, +3
SWN, NUE, CTRA, ETSY led the SPX, 268 advancers.
TSLA, MRNA, PTON, ILMN led the NDX, 68 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ, IWM, SPY, DIA,
Down:
 
SPY = BO to all-time closing high
DIA = BO to all-time closing high
QQQ = re-breakout at MACD divergence target
IWM = channel bounce continuation.
 
Eight of eleven sectors were higher on Monday, led by XLY, XLE and XLB.
 
Consumer Discretionary leaders: TSLA, ETSY, UAA, TPR, ROST
Energy leaders: SWN, OXY, EOG, BKR
Basic Materials leaders: NUE, CTRA, FCX, ALB
 
Advancers strengthened on Monday as advancers led 2,122 to 1,244 on the NYSE and led 2,984 to 1,685 on the NASDAQ.
 
The SPY MFC green line is pointed up at 96.6 and is bullish.  SPY is a breakout to a new all-time closing high. 
 
 
Uptrend sectorsXLY, 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 TrendUp
 
68 of 100 NDX stocks closed higher on Monday.
 
69 NDX stocks are above their 30 DMA:  NFLX, TSLA, MTCH, MAR, FOXA, SGEN, 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, ILMN, KLAC, NXPI, ROST,
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
ILMN, KLAC, NXPI, ROST,
 
Moving Below 30 DMA = 3
ASML, KDP, TCOM,
 
 
 
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