SPY, IWM, QQQ Close Above HOLD...Energy, Financial, Real Estate Lead Sector...Earnings Continue...FOMC Announcement Wednesday 2p pm ET...

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QQQ, SPY, DIA, IWM opened flat, traded in a range, and closed higher.  SPY, IWM and QQQ bounced for a second day and closed above the HOLD.  FOMC expected to raise Fed funds rate 50 bps in announcement on Wednesday at 2 pm ET, with a press conference beginning at 2:30 pm ET.

SPY up 1.90 at 416.38, on 100.0 million shares, average volume, up on lower volume.
VIX down 3.09 at 29.25
QQQ up .34 at 318.82.
 

BA, JPM, VZ, CVX led the DJIA, 19 advancers, +2

WDC, CTLT, DVN, CTRA, MOS led the SPX, 364 advancers.
VRSN, MRNA, LCID, VRTX, FISV, led the NDX, 55 advancers.
 
The two-year trend term is up.  The one-year trend is sideways.
 
Up:  IWM, SPY, DIA, QQQ,
Down:  
 
Nine of eleven sectors were higher on Tuesday, led by XLE, XLF and XLRE.

Energy leaders:  DVN, CTRA, FANG, MRO

Financial leaders:  SIVB, C, MCO, TROW

Real Estate leaders:  VTR, IRM, BXP, SPG

Advancers strengthened on Tuesday as advancers led 2,087 to 1,237 on the NYSE and led 2,667 to 2,036 on the NASDAQ.

The SPY MFC green line is turned up at 14 and is short-term bullish.  SPY closed above the HOLD at 2-month support.

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: Down

55 of 100 NDX stocks closed higher on Tuesday.
 
10 NDX stocks are above their 30 DMA:  KHC, MNST, ROST, MDLZ, JD, NTES, PDD, DLTR, HON, NXPI,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1

NXPI,   

Moving Below 30 DMA = 2

MAR, QCOM,

 

 

Earnings season: 

Tuesday AMC: AMD AIG AIZ AKAM AMCR CZR EIX EXR JKHY MTCH OKE PAYC PEAK PKI PRU PSA REG SBUX SWKS VRSK

Wednesday BMO:  ABC BWA CDW CRL CVS EMR GNRC IDXX JCI MAR MRNA NI PNW REGN TECH TT VMC XYL YUM

 

Q1 Earnings Reports since April 13:
Positive reactions: CTLT, DVN,CTRA, MOS, WAT, IPGP, MPC, CMI, BXP, HWM, MLM, SEDG, MHK,CE, HON, 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: ROK, EXPE, FMC, EL, HLT ANET IT ABRA, MGM, GPN, MCO, VRSN, AMZN, CINF, AON, CHTR, INTC, RMD, FBHS AJS ABBV, CL KLAC AAPL CVX, LHX, BMY, XOM, CBOE, DXCM, 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

 

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