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-SPX -18.95, opened lower and closed lower.
-VIX up .73
-PANW channel bounce and C-pattern.
-After-hours EPS: EA +3.09, +2.46%, TWLO -8.19, -14.62%
-CPI report Wednesday 8:30 am ET. Core CPI 5.5% est.,
-PPI report Thursday 8:30 am ET.
GLD, DXY and /CL closed higher, while TLT moved lower.
Mega caps AMZN, META rose
and GOOGL, MSFT, AAPL, TSLA NVDA fell.
SPY down 1.81 at 410.93, on 49.2
million shares, below average volume, the lowest daily volume YTD for a second,
down on lower volume.
VIX up .73 at 17.71.
QQQ down 2.05 at 321.64
BA, CRM, HD, TRV led the DJIA, 9 advancers, -2
DVA, MCK, ALB, TDG led the SPX, 182 advancers
TEAM, PANW, ZS, MRNA led the NDX, 35 advancers.
The two-year trend term is sideways. The
one-year trend down.
Up:
Down: DIA, IWM, SPY, QQQ,
Two of eleven sectors were higher on Tuesday, led by XLI, XLE and XLY.
The SPY
MFC green line is pointed down at 71.7 and is defensive. SPY opened lower, traded in a range
and closed lower.
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: Sideways
3-day Short Term Market Trend: Up
35 of 100 NDX stocks
closed higher on Tuesday.
45
NDX stock are above their 30 DMA: AAPL,
MDLZ, PEP, AMZN, CPRT, ISRG, VRTX, AZN, LULU, BIIB, MNST, KHC, ORLY, EXC, DLTR,
CSX, FISV, CSGP, EBAY, MAR, MSFT, NVDA, CMCSA,
CTAS, FAST, HON, LRCX, META, ABNB, VRSK, CTSH, DDOG, COST, DXCM, GOOG, GOOGL, PCAR,
AMD, BKNG, CRWD, FTNT, PANW, RIVN, ZS, NFLX,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
NFLX,
Moving Below 30 DMA = 13
AMAT, ASML, AVGO, CHTR, EA, IDXX,
KLAC, LCID, MELI, MRVL, OKTA, PYPL, SBUX,
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