QQQ, SPY, DIA, IWM Close Higher on Broad Rally...FB Leads NDX, SPX...Tech, Communication Services Lead Sectors Higher...

 
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After a higher open and a morning pullback on Thursday, selling exhausted and buyers took over with a broad rally in the afternoon.  QQQ, SPY, DIA, IWM closed higher ahead of AMZN and AAPL earnings after the close.  
 
FB +30.78, +17.59% on a strong earnings reaction led the SPX and NDX today.
AMZN -259.94, -8.99% and AAPL -3.63, -2.22% declined after earnings after the close. 
 
 
Earnings season: 
Friday morning: ABBV AON BMY CBOE CHTR CL CVX HON LYB NWL PSX WY XOM
 
Thursday afternoon:  AAPL, AMZN, AJG, BIO, CE CINF, CPT DLR, DXCM, EMN, FBHS GILD HIG, INTC, KLAC, LHX, LNT MHK, PFG, RMD, SWN, SYK, VRSN, WDC.
 
Q1 Earnings Reports since April 13:
Positive reactions: FB, PTC, PYPL, QCOM, TYL, NOW, CHRW, DFS, TMO, EQIX, TXT,  LLY, MA, MRK, LKQ, MCD, ABMD, AEP, AWK, GWW, HSY, KIM, LVS, PHM, RJF, URI, ENPH, V, CME, FISV, MSFT, MAS, TL, WAB, TMUS, CB, NSC, STX, HUM IEX, CMG, ADP, ROL, APH, IQV, GM, HKC, GD, HES, BSX, SIVB, KMB, SLB, UAL, T, AAL, NUE, TSLA, DOW, CSX MMC, DGX, PM, MTB, IBM, OMC, MKTX, ASML, PG, ANTM, ABT, SBNY, CFG, HAS, FITB, PLD, JNJ, JBHT, SYF, BAC, C, USB, FRC, DAL, FAST,
 
Neutral reactions: TWTR, HOLX, TXN, ETR, MDLZ, ESS, AMT, GRMN, ODFL, PPG, RF, GL, GPC, ALK, KMI, SNA, DHR, CCI, TSCO, HBAN, HAL, GS, MS, UNH, BLK,
 
Negative reactions: ALGN, ORLY, SWK, TFX, CMCSA, DPZ, AMGN, AFL, AOS, CHD, LH, F, FFIV, RHI, BA, COF, EW, JNPR, GOOGL, EQR, TDY, UDR, CNC, TER, FE, ISRG, HCA, VZ, NEM, AXP, FCX, EFX, DOV, NEE, KEY, LRCX, PNR, UNP, POOL, NFLX, NDAQ, BKR, CMA, TRV, LMT, TFC, SCHW, BK, STT, WFC, PNC, JPM
 
SPY up 10.54 at 427.81, on 105.4 million shares, above average volume, up on higher volume.
VIX down 1.61 at 29.99
QQQ up 11.25 at 328.01.
 
 
 
CRM, MRK, NKE, AAPL led the DJIA, 26 advancers, +15
PTC, TYL, DFS, NOW led the SPX, 436 advancers.
FB, PYPL, QCOM, ADSK led the NDX, 92 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up:  QQQ, SPY, DIA, IWM,
Down:  
 
All eleven sectors were higher on Thursday, led by XLK, XLC and XLE. 

Technology leaders:  PTC, PYPL, QCOM, TYL
Communication Services leaders:  FB, MTCH, NFLX, GOOGL
Energy leaders:  VLO, PSX, COP, DINO

Advancers strengthened on Thursday as advancers led 2,595 to 743 on the NYSE and led 3,072 to 1,755 on the NASDAQ.
 
The SPY MFC green line is pointed down at 16.4 and is short-term bearish.  SPY bounced above the HOLD in its 3-month sideways trend.    
 
 
Uptrend sectors:  XLE, XLU, XLP, XLV, XLB, XLRE,
Neutral sectors:  XLY, XLI,
Down trend sectors: XLK, XLF, XLC,
 
The 6-month intermediate trend is sideways.  The ten-day trend is down.
 
3-month Intermediate Term Market Trend: Sideways
3-day Short Term Market Trend: Sideways
 
92 of 100 NDX stocks closed higher on Thursday.
 
22 NDX stocks are above their 30 DMA:  EXC, DLTR, KHC, XEL, PEP, MNST, ROST, GILD, MDLZ, MAR, ADP, BKNG, FISV, KDP, TMUS, AEP, AZN, CDNS, LULU, ODFL, QCOM, VRTX,
 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 7
AEP, AZN, CDNS, LULU, ODFL, QCOM, VRTX,
 
Moving Below 30 DMA = 2
AMGN, ORLY,
 

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