SPX Opens Lower, Closes Flat...Utilities, Real Estate, Health Care Lead Sectors...FRC, ABT, UAL Lead SPX...

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-SPX -0.35 opened lower, pulled rallied after the open to close flat.

-VIX down .37, a 52-week low.

-Earnings: ISRG +10.88%, ABT +7.82%, UAL +7.50%, on Wednesday. 

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

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

Day 5 of Q1 Earnings Season continued with nine SPX companies reporting BMO:

First day reaction: Q1 through Apr 19…

Positive:   ISRG, ABT, UAL, TRV, BKR, NDAQ, USB, SYF, LMT, BK, MTB, SCHW, JPM, C, BLK, KMX = 16

Neutral: MS, CFG, BAC, PLD, JBHT, PNC, WFC, FAST = 8

Negative:  ELV, OMC, NFLX, JNJ, GS, STT, UNH, PGR, DAL = 9

Thursday: Before – ALK, AXP, CMA, DHI, FITB, GPC, HBAN, KEY, MMC, NUE, PM, POOL, SNA, STX, T, TFC, UNP, After – CSX, PPG, WRB

SPY down .07 at 414.14, on 55.2 million shares, below average volume, down on lower volume.

VIX down .37 at 16.46, a 52-week low

QQQ down .15 at 318.71

TRV, JNJ, GS, AAPL led the DJIA, 15 advancers, +0

FRC, ISRG, ABT, UAL led the SPX, 256 advancers

ISRG, DXCM, BKR, ALGN led the NDX, 39 advancers.

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

Up:  IWM,

Down:  SPY, QQQ, DIA,

Four of eleven sectors were higher on Wednesday, led by XLU, XLRE and XLV.

The SPY MFC green line is pointed up at 95.8 and is short-term bullish.  SPY opened lower, rallied from the open to close flat above short-term resistance.

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.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up a little

39 of 100 NDX stocks closed higher on Wednesday.

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

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 2

PAYX, ROST,

Moving Below 30 DMA = 1

TXN,

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