Stocks Close Lower in Broad Selloff Reversing Wednesday's Rally, Closing at Support...All Sectors Close Lower...

 
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SPX -153.30 opened lower and sold off reversing Wednesday’s 124-point gain.  All four index ETFs and all 11 sectors closed significantly lower.  All 30 Dow stocks closed lower.
 
 
SPY down 15.25 at 413.81, on 177.9 million shares, above average volume, down on higher volume.
VIX up 5.78 at 30.66
QQQ down 16.60 at 313.00.
 
 
MRK, AMGN led the DJIA, 0 advancers, -30
EPAM, ALB, K, WRK, TWTR led the SPX, 18 advancers
BKNG, CHTR led the NDX, 2 advancers
 
The two-year trend term is up.  The one-year trend is sideways.
 
Up: 
Down:   DIA, SPY, IWM, QQQ,
 
All eleven sectors were lower on Thursday, led by XLU, XLE and XLP.
 
Utilities leaders:  ES, D
Energy leaders:  PXD, OXY, MRO
Consumer Staples leaders:  K, CPB

Advancers weakened on Thursday as decliners led 2,941 to 393 on the NYSE and led 3,970 to 788 on the NASDAQ.
 
The SPY MFC green line turned down at 19.1 and is short-term bearish.

SPY reversed Wednesday’s bounce and closed at 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: Sideways
 
2 of 100 NDX stocks closed higher on Thursday.

 
9 NDX stocks are above their 30 DMA:  KHC, ROST, MDLZ, JD, HON, NXPI, GILD, MAR, ODFL,
 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 0
   
 
Moving Below 30 DMA = 25
ADI, ADP, ADSK, AEP, ATVI, AVGO, CDNS, CSX, DLTR, EXC, FB, FISV, KLAC, LRCX, MCHP, MNST, MU, NTES, PCAR, PDD, PEP, QCOM, TMUS, VRTX, XEL,
 
 
Earnings season: 
Thursday AMC: AEE AES DVA ED EOG FLT ILMN LYV MNST MTD NLOK NWSA RSG VRTX VTR = 15
 
Friday BMO:  CI, DISH, NRG UAA = 4
 
Q1 Earnings Reports since April 13:
Positive reactions: EPAM, ALB, K, BKNG, WRK, PAYC, GNRC, SBUX, XYL, AMCR, AMD AIG EXR, REG, MTCH, MRNA, CDW, VMC, CVS, MAR, ABC, OKE TECH, 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: ETSY, CTSH, EBAY, QRVO, APA, CDAY, BLL, ICE, PENN, ANSS, RCL, APTV, AKAM, JCI, IDXX, SWKS, VRSK, PEAK, 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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