SPX Closes Slightly Higher forms Hammer...Energy, Basic Materials, Health Care Lead Sectors...42 SPX EPS on Tuesday...

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

-VIX up .12.

-Tuesday EPS reports 28 BMO and 14 AMC,

-Two Mega-caps MSFT and GOOGL Tuesday AMC.

-180 SPX companies are scheduled to report EPS this week.

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

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

Day 8 of Q1 Earnings Season continued with one SPX company reporting BMO:

First day reaction: Q1 through Apr 24…

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: KO, PPG, UNP, IBM, ALK, DFS, FITB, MS, CFG, BAC, PLD, JBHT, PNC, WFC, FAST = 15

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

Tuesday: Before – ADM, BIIB, CNC, DHR, DOW, FISV, GE, GEHC, GLW, GM, HAL, IVZ, KMB, LH, MCD, MCO, MMM, MSCI, NEE, NTRS, NVR, PCAR, PEP, PHM, RTX, SHW, UPS, VZ, After – BXP, CB, CMG, CSGP, ENPH, EQR, GOOG, GOOGL, ILMN, JNPR, MSFT, TXN, UHS, V,

SPY up .43 at 412.63, on 64.3 million shares, below average volume, up on lower volume.

VIX up .12 at 16.77

QQQ down .66 at 315.95

CAT, CVX, NKE, UNH led the DJIA, 21 advancers, +6

FRC, ALB, MDT, FTI led the SPX, 310 advancers

ZM, ALGN, BKR, EBAY led the NDX, 54 advancers.

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

Up:  DIA, SPY,

Down:  IWM, QQQ,

Six of eleven sectors were higher on Monday, led by XLE, XLB and XLV.

The SPY MFC green line is pointed down at 92.2 and is counter-trend defensive.  SPY opened flat, 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: Sideways

3-day Short Term Market Trend: Down a little

54 of 100 NDX stocks closed higher on Monday.

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

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 6

CRWD, MU, PANW, SIRI, SNPS, TMUS,

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