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SPX, DJI, and NDX gapped higher on the open, traded
in a range until noon ET, moved lower in the afternoon and closed lower.
After-hours: WDC, KLAC, MDLZ down,
V, AAPL, up.
Earnings season: Friday EPS reports from CAT, CHD,
CHTR, CL, CVX, LYB, PSX, SYF, VFC, WY BMO.
Earnings Reports:
Positive reactions: 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: VLO, VRTX, CMCSA,
MCD, GD, APH, MMM, IVZ, ADM, VZ, INFO, KMI, BAC, UNH, JBHT, PLD, FAST,
TFC
Negative reactions: 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 down 2.14 at 431.24, on 149.8 million shares, above average volume, down on lower volume.
VIX down 1.47 at 30.49
QQQ down 3.47, -1.01% at 341.10
DOW, CVX, MRK, DIS led the DJIA, 17 advancers, +7
NOW, BLL, STX, PKG led the SPX, 151 advancers.
NFLX, SIRI, XEL, INTU led the NDX, 32 advancers.
The two-year trend term is up. The one-year trend is up.
Up: DIA,
Down: SPY, QQQ, IWM,
Six of
eleven
sectors were higher on Thursday, led by XLE,
XLU and XLP.
Energy leaders: CTRA, COP, HES, EOG
Utilities leaders: NI, ETR, XEL, ED
Consumer Staples leaders: MKC, ADM, KR, KMB
Advancers weakened on Thursday as decliners led 2,477 to 947 on the NYSE and
led 3,880 to 1,006 on the NASDAQ.
The SPY MFC green line
turned up at 18.8 and is bullish. SPY opened higher, traded in a range
until noon ET, moved lower in the afternoon and closed lower.
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: Down
32 of 100 NDX stocks
closed higher on Thursday.
9 NDX stocks are above their 30 DMA: VRTX, AEP, CERN, MDLZ, KDP,
ATVI, PCAR, EXC, XEL,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
EXC, XEL,
Moving Below 30 DMA = 3
BKNG, INCY, JD,
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1 comment:
Thank you, Dave! Enjoy your weekend with Susan!
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