NDX, SPX, IWM, DJI Open and Close Lower after FB Drops on EPS Report...TMUS Leads NDX, SPX...AMZN, SNAP, PINS Jump After-hours on EPS...

  
© 2022
 
 
SPX, DJI, and NDX opened lower after FB -85.24, -26.39% revenue miss Wednesday after the close and closed lower on Thursday.  FB lost more than $237 billion in market cap, a record one-day drop.
 
After the Close:
Positive earnings reaction: AMZN +395.34, +14.24%, SNAP +14.50, +59.18%, PINS +5.14, +20.79%
Negative earnings reaction: CLX -13.35, -8.07%
 
 
Earnings season:
Friday EPS reports from AON, APD, BMY, CBOE, ETN, RCL, REGN BMO.
 
Earnings Reports:
Positive reactions: 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: 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: 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 down 10.75 at 446.60, on 118.0 million shares, average volume, down on similar volume.
VIX up 2.26 at 24.35
QQQ down 14.94, -4.05% at 353.55
 
 
UNH, PG, KO, IBM led the DJIA, 5 advancers, -16
HUM, BDX, DISCA, RL led the SPX, 89 advancers.
TMUS, EXC, CHTR, ODFL led the NDX, 10 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: 
Down:  DIA, IWM, SPY, QQQ,
 
One of eleven sectors was higher on Thursday, led by XLP, XLV and XLU.
 
Consumer Staples leaders: HSY, KR, MKC, PG
Health Care leaders: HUM, BDX, MCK, CNC
Utilities leaders: EXC, CMS, SO, FE
 
Advancers weakened on Thursday as decliners led 2,722 to 617 on the NYSE and led 3,693 to 922 on the NASDAQ.
 
The SPY MFC green line is pointed up at 48.9 and is bullish.  SPY opened lower and closed lower on Thursday. 
 
 
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 sideways.
 
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Sideways
 
10 of 100 NDX stocks closed higher on Thursday.
 
24 NDX stocks are above their 30 DMA:  VRTX, CERN, KDP, ATVI, PCAR, EXC, XEL, BKNG, AAPL, BIDU, FISV, JD, NTES, SIRI, AEP, EA, GOOGL, MDLZ, PEP, QCOM, REGN, XLNX, ODFL, TMUS,
 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
ODFL, TMUS,
 
Moving Below 30 DMA = 7
ADI, AMGN, CTSH, INCY, PDD, SPLK, TXN,

 
 
Add Comments here: