SPX Highest Monthly Close in a Year...Energy, Financial, Basic Materials Lead Sectors...INTC, DIS Leads DJIA...

 

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-SPX +34.13, opened higher, closed higher for the highest monthly close in a year.

-SPX stayed above the HOLD after more positive EPS reactions,

-VIX down 1.25, a 52-week low.

-EPS reactions: CHTR +25.95, +7.57%, MHK +7.12, +7.21%,

-FSLR -18.25, -9.09%, AMZN -4.37, -3.98%,

-Monday EPS reports 7 BMO and 12 AMC.

-162 SPX companies are scheduled to report EPS next week,

-including AAPL on Thursday.

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

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

Day 12 of Q1 Earnings Season continued with 7 SPX company reporting BMO:

First day reaction: Q1 through Apr 28…

Positive:  CHTR, MHK, RMD, RSG, EMN, INTC, MDLZ, ESS, LYB, PEAK, CPT, CINF, CL, NWL, VRSN, WY, HIG, COF, XOM, HAS, META, CMCSA, PNR, CBRE, CHRW, MOH, KLAC, EQT, AFL, CHD, GWW, TYL, ROP, EBAY, ROK, FTI, SPGI, HSY, HON, AVB, LLY, RHI, FIS, MAA, ORLY, NEM, ACGL, NO, MA, LKQ, KIM, AOS, BAX, CNP, MRK, UDR, SO, CMS, AAL, MO, CMG, MSFT, ALLE, CSGP, BXP, UHS, HES, MAS, BRO, CNC, FISV, PEP, PHM, KMB, PCAR, MCO, 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 = 104

Neutral: CVX, PFG, AMGN, AJG, FICO, XEL, DTE, LIN, NOW, TXT, AWK, WST, BMY EW, CAT IEX, HUM, BA, BSX, GOOGL, GOOG, ADP, EQR, V, AMT, OTIS, VZ, IVZ, MCD, MMM, SHW, KO, PPG, UNP, IBM, ALK, DFS, FITB, MS, CFG, BAC, PLD, JBHT, PNC, WFC, FAST = 46

Negative:  FSLR,  TMUS, AMZN, FE, DLR, AON, DXCM, GILD, LHX, ALGN, ABBV, DPZ, KDP, WTW, URI, IP, PXD, DGX, IPG, IQV, LUV, TER, RJF, VLO, TSCO, PTC, WM, ENPH, ODFL, WAB, GD, ILMN, FTV, ETR, HLT, AVY TEL, DOV, JNPR, NSC, TXN, TMO, TDY, MKTX, CME, CB, APH, FRC, MSCI, UPS, NTRS, DHR, GEHC, AMP, PKG, ADM, WHR, DOW, LH, CDNS, GM, BIIB, NVR, HAL, ARE,GLW, GE, NEE, RTX, 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 = 96

Monday: Before – BEN, GPN, L, NCLH, ON, WEC, After - ANET, FANG, FMC, HOLX, INVH, MGM, NXPI, RE SBAC, SYK, VICI, VRTX

SPY up 3.52 at 415.93, on 89.4 million shares, above average volume, up on slightly lower volume.

VIX down 1.25 at 15.78, a 52-week low.

QQQ up 2.21 at 322.56

INTC, DIS, HD, CAT led the DJIA, 26 advancers, -3

MHK, RMD, CTLT, RCL led the SPX, 412 advancers

CHTR, MU, WBD, MDLZ led the NDX, 74 advancers.

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

Up:  IWM, SPY, DIA, QQQ,

Down:

Ten of eleven sectors were higher on Friday, led by XLE, XLF and XLB.

The SPY MFC green line is pointed up at 83.5 and is short-term bullish.  SPY opened higher, trended up and closed higher for a second day.

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

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

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

74 of 100 NDX stocks closed higher on Friday.

58 NDX stock are above their 30 DMA:   VRSK, AAPL, MDLZ, PEP, AMZN, CPRT, EA, ISRG, VRTX, AZN, LULU, REGN, BIIB, MNST, AEP, KHC, ORLY, XEL, EXC, WBA, DLTR, FANG, SBUX, CSX, FISV, COST, CSGP, BKR, DXCM, BKNG, EBAY, MAR, PCAR, MSFT, MU, NVDA, ROST, ADP, CMCSA, CTAS, FAST, GOOG, GOOGL, HON, IDXX, KLAC, LCID, LRCX, META, ABNB, ADBE, CHTR, INTC, INTU, MELI, NFLX, PAYX, PYPL,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 9

ABNB, ADBE, CHTR, INTC, INTU, MELI, NFLX, PAYX, PYPL,

Moving Below 30 DMA = 3

DDOG, GILD, TMUS,

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