SPX Closes Lower after AAPL, AMZN, GOOGL EPS and 517k Jobs Report...All Sectors Close Lower...

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-The SPX -43.58 opened lower, rallied and closed lower following a second selloff.

-Futures sold off in pre-market after a better-than-expected +517k Jobs report

-CLX, REGN gained 4%+ after positive EPS reactions.

-VIX closed lower.

-AAPL +3.68, +2.44% after an initial negative EPS reaction,

-GOOGL -2.96, -2.75%, negative EPS reaction,

-AMZN -9.52, -3.20%, on negative EPS reaction.

 

DXY and TNX closed higher, while GLD, /CL and TLT moved lower.

Mega caps AAPL, TSLA rose and META, MSFT, GOOGL, NVDA, AMZN fell.

iBB:  In our model account we maintain a net long position.  We continued to increase our 10 February exposure through additional entries.

Day 15 of Q4 Earnings Season today, 231 SPX companies have reported as of the close:

First day reaction: Q4 through Feb 3…Positive reactions continue to lead

Positive: CLX, REGN, CHD, GILD, CBOE, AAPL, LYB, ZBH, MCHP, ALGN, META, GWW, SWK, ITW, BALL HSY, TT, APTV, MAA, SNA, ALL, PH, EBAY, CHRW, BMY HOLX, CR, AMD, ODFL, SYK, EW, MO, TMO, OTIS, BSX, MSLZ, TMUS, AOS, IP, PHM, PNR, GM, DOV, NVR, MSCI, UPS, MCO, NXPI, XOM, ARE, PFE, WHR, BEN, AXP, LHX, RHI, V, WY, TSLA, STX, STLD, URI, NUE, PKG, LVS, TSCO, VLO, NOW, AAL, LRCX, CCI, MMC, ROK, AMP, MKTX, COF, T, USB, PGR, TDY, FCX, ELV, HES, PCAR, TRV, RTX, VZ, LMT, DHI, GE, SIVB, NFLX, PPG, STT, RF, CMA, MTB, TFC, FITB, KMI, JBHT, PLD, MS, SBNY, WFC, JPM, BAC, BK, C, FRC = 110

Neutral: HIG, QCOM, CAH, HON, WEC, CMS, AME, TECH, ICE, HUM, BXP, WM, MPC, SYY, PFG, HCA, CMCSA, ALK, DOW, XEL, TER, ADM, TXT, BA, APH, MSFT, FFIV, TEL, JNJ, HBAN, SLB, DFS, BLK = 33

Negative: GEN, AMZN, F, SBUX, CPT, CTSH, GOOGL, CI, AON, NWSA, APD, AFL, QRVO, COP, EL, PTC, MET, CTVA, LLY, MRK, GL, BDX, DGX, AVY, MCK, WRK, EA, CB, MTCH, IEX, ABC, JCI JNPR, FTV, AMGN, WDC, PSX, GLW, CAT, MCD, KLAC, INTC, EMN, CL, CVX, CHTR, RMD, WRB, ROP, AJG, SHW, MKC, IBM, NOC, RJF, LUV, CSX, TROW, MA, NEE, NDAQ, ISRG, NSC, ADP, GD, KMB, ABT, TXN, MMM, UNP, IVZ, DHR, HAL, BRO, ZION, BKR, SYF, NTRS, KEY, PG, FAST, PNC, UAL, SCHW, GS, CFG, DAL, UNH = 88

Non-SPX = SNAP

94 SPX companies report EPS next week:

Monday:  CMI, IDXX, L, ON, TSN, ATVI, CINF, SPG, SWKS, TTWO, UDR

Tuesday:  CARR, CNC, CTLT, DD, FISV, INCY, IT, J, LIN, RCL, TDG, XYL, AIZ, AMCR, ATO, CMG, ENPH, ESS, FMC, FTNT, ILMN, JKHY, LUMN, OMC, PAYC, PEAK, PRU, VGC, VRTX

Wednesday:  CDW, CME, CVS, D, EMR, ETN, FOXA, TRMB, YUM, AVB, CDAY, DIS, EFX, FLT, FRT IFF, LNC, MGM, MOH, ORLY, RE, STE, WYNN

Thursday:  ABBV, BAX, BWA, DUK HII, HLT, IPG, K, KIM, MAS, PEP, PM, RL, SEE, SPGI, TPR, WTW, DXCM, EQR, EXPE, MHK, MSI, MTD, NWSA, PYPL, REG, VRSN, VTR

Friday:  GPN, IQV, NWL

SPY down 4.43 at 412.35, on 94.7 million shares, above average volume, down on lower volume.

VIX down .40 at 18.33

QQQ down 5.54 at 306.18

AXP, AAPL, JPM, CAT led the DJIA, 14 advancers, -1

CLX, CHD, PH, CAH led the SPX, 109 advancers

REGN, GILD, MCHP, TSLA led the NDX, 11 advancers.

The two-year trend term is up a little.  The one-year trend down.

Up:

Down:  DIA, IWM, SPY, QQQ,

All eleven sectors were lower on Friday, the least weak were XLF, XLE and XLV.

The SPY MFC green line is flat at 89.5 and is short-term bullish.  SPY opened lower and closed lower.

Uptrend sectors:   XLC, XLRE, XLY, XLK, XLF, XLB, XLI, XLE, XLP, XLV, XLU,

Neutral sectors:

Down trend sectors:

The 6-month intermediate trend is sideways.  The ten-day trend is up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

11 of 100 NDX stocks closed higher on Friday.

73 NDX stock are above their 30 DMA:   AVGO, ALGN, BKNG, META, SGEN, CMCSA, PDD, PYPL, EBAY, IDXX, MU, NFLX, WBD, BKR, CHTR, AMAT, ASML, CTSH, LRCX, ODFL, TMUS, ADBE, ANSS, CDNS, MELI, ADSK, AMZN, ISRG, NXPI, QCOM, ABNB, AMD, FISV, LCID, MAR, NVDA, TEAM, CPRT, GOOG, GOOGL, VRTX, AAPL, BIIB, COST, CPRT, DLTR, FAST, ILMN, INTU, MCHP, MRVL, MSFT, PANW, TXN, WDAY, ZS, ADI, FTNT, GFS, PCAR, REGN, TSLA, MNST, CSCO, DDOG, OKTA, ZM, CRWD, INTC, RIVN, CSX, KLAC, LULU, PAYX, WBA,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 6

ATVI, CSGP, ISRG, MDLZ, SBUX, VRSK,

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