SPX Closes at 9-month High...Jobs Report Better than Expected...Basic Materials, Energy, Industrials Lead Sectors...

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-SPX +61.35, opens higher trends up and closes 9-month high.

-Jobs Report 339K better than 190K est.

-Debt ceiling deal to receive President’s signature.

-VIX down 1.05

-LULU +37.09, +11.30% gap up on EPS, closes.

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

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

SPY up 6.10 at 427.92, on 91.4 million shares, above average volume, up on higher volume.

VIX down 1.05 at 14.60, a lowest close in more than two years.

QQQ up 2.64 at 354.65

MMM, CAT, DOW, NKE led the DJIA, 29 advancers, +6

DISH, CE, CZR DD led the SPX, 460 advancers

LULU, ZS, ABNB, PCAR led the NDX, 73 advancers.

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

Up:   IWM, DIA, SPY, QQQ,

Down:

All eleven sectors were higher on Friday, led by XLB, XLE and XLI.

The SPY MFC green line is pointed up at 89.7 and is short-term bullish.  SPY opened higher and closed higher.

Uptrend sectors:   XLK, XLC, XLY,

Neutral sectors:  XLV, XLP, XLB, XLI, XLU, XLRE, XLE, XLF,

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

73 of 100 NDX stocks closed higher on Friday.

64 NDX stock are above their 30 DMA:  AAPL, AMZN, CPRT, ISRG, MNST, CSGP, MSFT, NVDA, LRCX, META, VRSK, CTSH, DDOG, GOOG, GOOGL, AMD, CRWD, FTNT, ZS, NFLX, AMAT, ASML, KLAC, AVGO, MRVL, MU, SNPS, RIVN, TSLA, WDAY, CSCO, ADBE, TEAM, CTAS, PANW, CDNS, NXPI, TXN, ZM, ANSS, COST, EA, GFS, PDD, ATVI, INTC, QCOM, ADSK, BKR, CSX, DXCM, MCHP, ODFL, ABNB, ADP, EBAY, FAST, HON, ILMN, INTU, JD, MAR, PAYX, PCAR,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 11

ABNB, ADP, EBAY, FAST, HON, ILMN, INTU, JD, MAR, PAYX, PCAR,

Moving Below 30 DMA = 1

SIRI,

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