SPX Closes Higher...Technology, Financial, Consumer Discretionary Lead Sectors...TSLA Builds First Cybertruck...SPX EPS Continue Tuesday...

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- Empire State Mfg. Index 1.1 vs, -3.0 forecast.

-Breadth was stronger on Monday.

-AAPL +3.30, 193.99, bull flag bounce continuation.

-TSLA +9.00, +3.20%, announces has built its first Cybertruck.

-Regional banks rise: KRE +.75, +1.74%, ZION +.66, +2.15%.

Tuesday of Q2 Earnings Season with 9 SPX companies reported BMO: BAC, BK, HAS, LMT, MS, PLD, PNC, SCHW, SYF…2 AMC: JBHT, OMC...60 SPX companies report this week.

First day reaction: Q2 …

Positive:   UNH, PEP = 2

Neutral: JPM, WFC, CAG, CTAS, DAL = 5

Negative:  STT, C, BLK, PGR, FAST = 5

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

SPY up 1.56 at 450.84.28, on 52.6 million shares, below average volume, up on lower volume.

VIX up .14 at 13.48

QQQ up 3.54 at 382.61,

INTC, JPM, AAPL, TRV led the DJIA, 16 advancers, +5

FSLR, ACGL, PGR, CDAY led the SPX, 272 advancers

ENPH, LCID, ON, ZS led the NDX, 71 advancers.

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

Up:  IWM, QQQ, SPY, DIA,

Down: 

Five of eleven sectors were higher on Monday, led by XLK, XLF and XLY. 

The SPY MFC green line turned up at 95.6 and is short-term bullish.  SPY was an open flat breakout continuation trend higher day.

Uptrend sectors:   XLK, XLC, XLY, XLI, XLF, XLB, XLRE,

Neutral sectors:  XLV, XLP, XLU, XLE,

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

71 of 100 NDX stocks closed higher on Monday.

90 NDX stock are above their 30 DMA:  AAPL, AMZN, ISRG, CSGP, NVDA, CEG, META, TTD, VRSK, FTNT, NFLX, AVGO, TSLA, WDAY, ADBE, PANW, NXPI, COST, PDD, BKR, CSX, DXCM, MCHP, ABNB, HON, PCAR, ALGN, SIRI, ADI, FAST, INTU, ROST, ODFL, IDXX, PYPL, ON, ORLY, DLTR, ADP, CHTR, CMCSA, EA, EXC, GFS, CTSH, DDOG, MAR, TMUS, LCID, AEP, GEHC, PAYX, BKNG, FANG, JD, ADSK, AMGN, ANSS, CDNS, CPRT, CTAS, EBAY, ENPH, INTC, LULU, MRVL, SBUX, SNPS, TEAM, TXN, VRTX, XEL, ZM, ASML, LRCX, MSFT, PDD, QCOM, SGEN, AMAT, CRWD, GOOGL, KDP, KLAC, PANW, PEP, GILD, AMD, CSCO, ZS,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 3

AMD, CSCO, ZS,

Moving Below 30 DMA = 0

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