NDX, RUT, SPX Open Higher and Close Higher as VIX Falls...OMC, ENPH, CMG Lead SPX...Broad Rally as All Sectors Rise...

 
 
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SPX, NDX and RUT opened higher and rose steadily on Wednesday and closed higher.  CPI report is Thursday BMO at 8:30 am ET.  The consensus estimate is 7.3%.
 
 
After-hours earnings reactions:  TWLO, MAT, DIS, SONO, UBER, ORLY, MGM gap up.
 
Earnings season Q4:
Earnings reactions: OMC +11.20, +14.19%, ENPH +17.39, +12.03%, CMG +148.39, +10.16%, FISV -6.04, -5.45%
 
Earnings Reports:
Positive reactions: OMC, ENPH, CMG, PAYC, DD, TSN, AMZN, SNAP, PINS, NLOK, FTNT, AON, CBOE, BMY, TMUS, BDX, RL, HSY, GOOGL, AMD, ODFL, MTCH, HUM, HWM, ABBV, DHI, XOM, CTLT, NXPI, PHM, 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: REGN, CAH, CMI, ICE, SWK, BEN, ARE, TT, CL, LYB, VLO, VRTX, CMCSA, MCD, GD, APH, MMM, IVZ, ADM, VZ, INFO, KMI, BAC, UNH, JBHT, PLD, FAST, TFC
Negative reactions: CVS, CDW, FISV, SPG, ZBH, CLX, F, APD, RCL, ETN, FB, XYL, QRVO, SHOP, FTV, HON, LNC, CI, EL, MRK, LLY, COP, BIIB, PYPL, SBUX, BR, 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 6.60 at 457.54, on 92.5 million shares, below average volume, up on higher volume.
VIX down 1.48 at 19.96
QQQ up 7.61 at 366.73
 
 
DIS, INTC, MSFT, CRM led the DJIA, 23 advancers, +0
OMC, ENPH, CMG, PAYC led the SPX, 424 advancers.
MELI, MRNA, NVDA, ALGN led the NDX, 92 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 Wednesday, led by XLC, XLRE and XLK.
 
Communication Services leaders: OMC, FOXA, IPG, DISCA
Real Estate leaders: EQIX, ESS, EQR, AVB
Technology leaders: ENPH, PAYC, SEDG, FLT
 
Advancers strengthened on Wednesday as advancers led 2,400 to 916 on the NYSE and led 3,340 to 1,350 on the NASDAQ.
 
The SPY MFC green line is turned up at 49.7 and is bullish.  SPY bounced above its 30 DMA. 
 
 
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 up.
 
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Up
 
92 of 100 NDX stocks closed higher on Wednesday.
 
48 NDX stocks are above their 30 DMA:  VRTX, CERN, KDP, ATVI, PCAR, EXC, XEL, BKNG, INCY, BIDU, FISV, JD, SIRI, EA, GOOGL, MDLZ, XLNX, TMUS, AMZN, DDOG, MAR, SPLK, CHTR, CTSH, DLTR, SGEN, AAPL, ABNB, AMGN, COST, FTNT, NTES, PDD, QCOM, ZS, ADI, ALGN, AMD, AVGO, CRWD, INTU, MELI, MRVL, NVDA, PANW, REGN, SNPS, TEAM,
 
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 13
ADI, ALGN, AMD, AVGO, CRWD, INTU, MELI, MRVL, NVDA, PANW, REGN, SNPS, TEAM,
 
Moving Below 30 DMA = 1
AEP,
 
 
 
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