NDX, SPX, DJI Strong Rally Day Two...ENPH, SEDG Lead SPX as PDD, NFLX, TSLA Lead NDX...Discretionary, Technology Lead Sectors...

 
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SPX, DJI, and NDX opened flat to slightly higher and trended up on Monday.
 
 
Earnings season:
Tuesday EPS reports from BEN, BR, CTLT PHM SWK, TECH, UPS, XOM BMO and AMD, CB, EA GILD, GM GOOG, GOOGL, MTCH PYPL, SBUX AMC.
 
Earnings Reports:
Positive reactions: OTIS, V, CHTR, WY, CHD, NOW, BLL, STX, PKG, DOW, NUE, URI, AMP, MA, TSCO, RJF, GLW, MSFT, TXN, ZION, AXP, JNJ, RTX, LMT, PCAR, HAL, TRV, BKR, AA, UNP, PG, MS, WFC,
Neutral reactions: TT, CL, LYB, VLO, VRTX, CMCSA, MCD, GD, APH, MMM, IVZ, ADM, VZ, INFO, KMI, BAC, UNH, JBHT, PLD, FAST, TFC
Negative reactions: LHX, SYF, VFC, CVX, CAT, PSX, TER, TSLA, INTC, LRCX, WHR, LVS, XLNX, CCI, FFIV, BA, FCX, COF, ABT, ADP, ANTM, HES, KMB, MKTX NDAQ NSC, PGR ROL, T, TEL, NFLX, SIVB, HBAN, ISRG, PBCT, CSX, PPG, SLB, RF, MTB, NTRS, FITB, KEY, AAL, DFS, UAL, USB, STT, CFG, CMA, BK, GS, PNC, SBNY, SCHW, TFC, C, BLK, FRC, JPM
 
 
SPY up 7.96 at 449.91, on 152.2 million shares, above average volume, up on lower volume.
VIX down 2.83 at 24.83
QQQ up 11.25, +3.20% at 363.05
 
BA, CRM, DIS, AAPL led the DJIA, 23 advancers, -2
ENPH, SEDG, XLNX, AMD led the SPX, 421 advancers.
PDD, NFLX, TSLA, BIDU led the NDX, 90 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up:  QQQ, IWM, SPY, DIA,
Down: 
 
All eleven sectors were higher on Monday, led by XLY, XLK and XLC.
 
Consumer Discretionary leaders: TSLA, ETSY, NCLH, CMG
Technology leaders: ENPH, SEDG, XLNX, AMD
Communication Services leaders: NFLX, TWTR, LYV, FB
 
Advancers strengthened on Monday as advancers led 2,751 to 628 on the NYSE and led 3,988 to 817 on the NASDAQ.
 
The SPY MFC green line is pointed up at 29.4 and is bullish.  SPY opened higher, trended up to close 1.80% higher on Monday. 
 
 
Uptrend sectors:  XLE, XLP, XLU,
Neutral sectors: XLF, XLI, XLB, XLRE, XLV, XLK,
Down trend sectors: XLY, XLC,
 
The 6-month intermediate trend is up.  The ten-day trend is down.
 
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Up
 
90 of 100 NDX stocks closed higher on Monday.
 
22 NDX stocks are above their 30 DMA:  VRTX, AEP, CERN, KDP, ATVI, PCAR, EXC, XEL, AMGN, BKNG, INCY, PEP, AAPL, BIDU, EA, FISV, JD, MDLZ, NTES, PDD, SIRI, SPLK,
 
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 10
AAPL, BIDU, EA, FISV, JD, MDLZ, NTES, PDD, SIRI, SPLK,
 
 
Moving Below 30 DMA = 1
REGN,
 
 
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