SPX Closes Flat forms Doji...Consumer Discretionary, Staples, Health Care Lead Sectors...GOOGL, MSFT, META, AMZN Report EPS Next Week...

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-SPX +3.73, opened slightly higher, traded in a range and closed flat.

-VIX down .40.

-Earnings: HCA +3.85%, PG +3.46%, CSX +3.28%, FCX -4.11% on Friday

-180 SPX companies are scheduled to report EPS next week,

-including GOOGL, MSFT, META, AMZN.

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

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

Day 7 of Q1 Earnings Season continued with five SPX companies reporting BMO:

First day reaction: Q1 through Apr 21…

Positive:  HCA, PG, CSX, SNA, LRCX, DHI, NUE, STLD, EFX, LVS, MMC, GPC, ISRG, ABT, UAL, TRV, BKR, NDAQ, USB, SYF, LMT, BK, MTB, SCHW, JPM, C, BLK, KMX = 28

Neutral: PPG, UNP, IBM, ALK, DFS, FITB, MS, CFG, BAC, PLD, JBHT, PNC, WFC, FAST = 14

Negative:  WRB, SLB, FCX, RF, T, TSLA, STX, CCI, ZION, PM, TFC, KEY, CMA, FFIV, POOL, HBAN, KMI, AXP, ELV, OMC, NFLX, JNJ, GS, STT, UNH, PGR, DAL = 27

Monday: Before – KO, After – AMP, ARE, BRO, CDNS, FRC, PKG, WHR

SPY up .32 at 412.20, on 73.4 million shares, below average volume, up on similar volume.

VIX down .40 at 16.77

QQQ up .71 at 316.28

PG, DIS, MRK, CSCO led the DJIA, 15 advancers, +4

BAX, HCA, DVA, POOL led the SPX, 263 advancers

CSX, AMZN, GILD, CRWD led the NDX, 53 advancers.

The two-year trend term is sideways.  The one-year trend down.

Up:  IWM, QQQ, DIA, SPY,

Down:

Six of eleven sectors were higher on Friday, led by XLY, XLP and XLV.

The SPY MFC green line is pointed down at 93.3 and is counter-trend defensive.  SPY opened slightly higher, traded in a range and closed flat.

Uptrend sectors:   XLK, XLC, XLB, XLP, XLV,

Neutral sectors:  XLU, XLI, XLY, XLE, XLF, XLRE,

Down trend sectors:

The 6-month intermediate trend is up.  The ten-day trend is up a little.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down a little

53 of 100 NDX stocks closed higher on Friday.

68 NDX stock are above their 30 DMA:   META, SGEN, ANSS, CDNS, NVDA, FTNT, ATVI, VRSK, AAPL, ILMN, MDLZ, MELI, MSFT, SNPS, GOOG, GOOGL, PEP, ADBE, AMZN, CPRT, EA, INTU, ISRG, VRTX, AZN, LULU, REGN, AMGN, BIIB, MNST, NFLX, CTAS, KDP, GILD, AEP, CMCSA, KHC, ORLY, TMUS, XEL, EXC, WBA, DLTR, FANG, SBUX, ALGN, CSX, FISV, MU, COST, CSGP, HON, BKR, DXCM, BKNG, EBAY, IDXX, MAR, FAST, ODFL, PCAR, AVGO, ROST, LRCX, CRWD, PANW, PAYX, SIRI,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 4

CRWD, PANW, PAYX, SIRI,

Moving Below 30 DMA = 3

ABNB, CTSH, INTC,

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