RUT, NDX, DJI, SPX Rise...Materials, Discretionary, Financial Lead Sectors...

 
 
© 2022
 
 
SPX, NDX, DJI and RUT opened slightly higher to flat, traded in a range for about an hour before shifting into an uptrend.  All four indexes closed higher on Tuesday. 
 
 
Earnings reactions: DD +4.76, +6.32%, FISV -6.35, -6.00%
 
 
Earnings season Q4:
 
Earnings Reports:
Positive reactions: 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: 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 3.68 at 450.94, on 81.0 million shares, below average volume, up on lower volume.
VIX down 1.42 at 21.44
QQQ up 3.99 at 359.12
 
 
AMGN, AXP, UNH, DOW led the DJIA, 23 advancers, +7
ZBH, ABMD, DD, NLOK led the SPX, 376 advancers.
PDD, MRVL, BIDU, NTES led the NDX, 83 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up:  IWM, QQQ, DIA, SPY,  
Down: 
 
Eight of eleven sectors were higher on Tuesday, led by XLB, XLY and XLF.
 
Basic Materials leaders: DD, FCX, WRK, NUE
Consumer Discretionary leaders: RCL, CCL, RL, BBWI
Financial leaders: SBNY, PFG, DFS, HIG
 
Advancers strengthened on Tuesday as advancers led 2,027 to 1,313 on the NYSE and led 2,981 to 1,754 on the NASDAQ.
 
The SPY MFC green line is turned down at 49.6 and is short-term bearish.  SPY is holding above Friday's support low. 
 
 
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: Sideways
 
83 of 100 NDX stocks closed higher on Tuesday.
 
34 NDX stocks are above their 30 DMA:  VRTX, CERN, KDP, ATVI, PCAR, EXC, XEL, BKNG, BIDU, JD, SIRI, EA, GOOGL, MDLZ, XLNX, TMUS, AMZN, DDOG, MAR, SPLK, AEP, CHTR, CTSH, DLTR, SGEN, AAPL, ABNB, AMGN, COST, FTNT, NTES, PDD, QCOM, ZS,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 9
AAPL, ABNB, AMGN, COST, FTNT, NTES, PDD, QCOM, ZS,
 
Moving Below 30 DMA = 1
REGN,
 
 
 
Add Comments here: