Thursday, January 27, 2022

SPX, NDX, DJI Open Higher, Close Lower...Energy, Utilities Lead Sectors...NOW, BLL, STX Lead SPX...AAPL, V Rise in After-hours...

 
© 2022

 
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-hoursWDC, 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 sectorsXLE, 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 TrendDown
 
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:

Ben W. said...

Thank you, Dave! Enjoy your weekend with Susan!