IWM, DIA, SPY Open Lower, Close Higher...Energy, Discretionary, Utilities Lead Sectors...CRWD, AMZN Lead NDX...

 
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Stocks were lower in a broad pullback on Thursday on a retracement of Wednesday's strong rally.  The CPI report 7.9% YoY vs 7.9% estimate and .8% MoM vs. .8% estimate came is as expected.  Intraday stocks pulled back after Treasury Secretary Yellen morning comments.
 
Talks between UKR and RUS yielded no positive progress towards a cease fire and the UKR Foreign Minister said that Russian officials “live in their own reality.”  Many people know it is hard to make progress whether it’s with individuals, businesses or governments, when one party has a closed mind.
 
IWM, SPY, DIA opened lower and closed higher than the open on Thursday, but lower than Wednesday's close.  
 
CRWD +12.50% rises on a better-than-expected EPS.
 
After hours: 
DOCU -17.16% falls after EPS on weak guidance.
RIVN -12.71% EPS misses on sales and earnings.
 
 
SPY down 1.93 at 425.48, on 93.9 million shares, below average volume, down on lower volume.
VIX down 2.22 at 30.23
QQQ down 3.72 at 331.27
 
 
CVX, WMT, DOW, UNH led the DJIA, 11 advancers, -15
HAL, BKR, MOS, HFC led the SPX, 194 advancers.
CRWD, AMZN, ABNB, MAR led the NDX, 20 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up:
Down:  IWM, DIA, SPY, QQQ,
 
Five of eleven sectors were higher on Thursday, led by XLE, XLY and XLU. 
 
Energy leaders: HAL, BKR, HFC, EOG
Consumer Discretionary leaders:  AMZN, CMG, HLT, NCLH
Utilities leaders:  SO, SRE, DTE, D
 
Advancers weakened on Thursday as decliners led 1,994 to 1,358 on the NYSE and led 2,904 to 1,727 on the NASDAQ.
 
The SPY MFC green line is pointed down at 28.3 and is short-term bearish.  SPY closed lower and is at its short and intermediate term support area.    
 
 
Uptrend sectors:  XLE, XLP,
Neutral sectors: XLU, XLV, XLRE, XLF, XLB, XLK,
Down trend sectors: XLY, XLI, XLC,
 
The 6-month intermediate trend is up.  The ten-day trend is down a little.
 
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Up
 
20 of 100 NDX stocks closed higher on Thursday.
 
28 NDX stocks are above their 30 DMA:  ATVI, EXC, DLTR, KHC, COST, PANW, AEP, AMGN, CSX, CTSH, PAYX, SPLK, XEL, ADP, FAST, SGEN, VRTX, AVGO, AZN, CDNS, IDXX, ODFL, ORLY, REGN, TMUS, TXN, WBA, CRWD,
 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 1
CRWD,  
 
Moving Below 30 DMA = 3
CSCO, SNPS, WDAY,
 
 
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