SPX, DJI, NDX Rally Day Three...Energy, Materials, Financial Lead Sectors...AMD, GOOGL Rise in after-hours...

  
© 2022

 
SPX, DJI, and NDX opened flat to slightly higher, traded in a range before closing higher on Tuesday.
 
After the Close:
GOOGL +252.12, +9.16% gapped up on a positive earnings reaction.
AMD +12.21, +10.46% gapped up on a positive earnings reaction.
 
 
Earnings season:

Wednesday EPS reports from ABBV, DHI, HUM, HWM, ODFL BMO and FB, ALGN, ALL, CTSH, LNC, MET, QCOM, TMUS AMC.

 
Earnings Reports:
Positive reactions: 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: 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: 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 3.04 at 452.51, on 123.1 million shares, above average volume, up on lower volume.
VIX down 2.87 at 21.96
QQQ up 2.47, +0.68% at 365.52
 
BA, DOW, V, GS led the DJIA, 23 advancers, -2
UPS, MOS, GCI, TECH led the SPX, 421 advancers.
NFLX, SIRI, LULU, FISV led the NDX, 70 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up:  IWM, DIA, QQQ, SPY,
Down: 
 
Eight of eleven sectors were higher on Tuesday, led by XLE, XLB and XLF.
 
Energy leaders: XOM, MRO, FTI, HFC
Basic Materials leaders: MOS, NUE, FCX, DOW
Financial leaders: SBNY, SIVB, WFC, HBAN
 
Advancers weakened slightly on Tuesday as advancers led 2,519 to 931 on the NYSE and led 3,570 to 1,281 on the NASDAQ.
 
The SPY MFC green line is pointed up at 35.6 and is bullish.  SPY opened higher and closed higher on Tuesday. 
 
 
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: Up
 
70 of 100 NDX stocks closed higher on Tuesday.
 
20 NDX stocks are above their 30 DMA:  VRTX, CERN, KDP, ATVI, PCAR, EXC, XEL, AMGN, BKNG, INCY, AAPL, BIDU, FISV, JD, NTES, PDD, SIRI, SPLK, ADBE, MAR,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 2
ADBE, MAR,
 
 
Moving Below 30 DMA = 4
AEP, EA, MDLZ, PEP,
 
 
Add Comments here: