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The SPX +18.43 opened higher, traded
in a range and closed higher. VIX closed
within 3 cents of its 52-week closing low.
NVDA -12.28, -2.46% closed lower after record revenues, earnings beat and
raised guidance after the close on Tuesday.
Have a wonderful Thanksgiving Holiday and weekend!!!!
Markets are closed on Thursday and open only a half day on
Friday.
Mega caps AMZN, META, MSFT,
GOOGL, AAPL rose and NVDA, TSLA fell on Wednesday.
SPY up 1.75 at 455.02 on 59.4 million
shares, below average volume, closed higher on higher volume.
VIX down .50 at 12.85, within 3 cents of a 52-week low
QQQ up 1.59 at 390.06
MMM, NKE, MSFT, HD led the DJIA, 23 advancers, +12
HPQ, PODD, PNW, NWSA led the SPX, 388 advancers
EBAY, AMD, MELI, AMZN led the NDX, 72 advancers.
The two-year trend term is sideways. The
one-year trend is up.
Up: IWM, DIA, QQQ, SPY,
Down:
Ten of eleven sectors were higher on Wednesday, led by XLC, XLP and XLU.
The SPY
MFC green line is sideways at 97.3 and is short-term bullish. SPY opened higher and closed higher.
Uptrend sectors: XLC,
XLK, XLF, XLY, XLE,
Neutral sectors: XLI, XLB, XLV, XLU, XLRE,
Down trend sectors: XLP,
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
72 of 100 NDX stocks
closed higher on Wednesday.
79
NDX stocks are above their 30 DMA: FAST,
MSFT, LULU, NFLX, DLTR, ORLY, INTC, AEP, AMZN, CEG, CRWD, CTAS, ROST, TMUS, ADBE,
ASML, CDNS, DXCM, GEHC, KDP, KLAC, MDLZ, MELI, SNPS, AMD, AVGO, HON, META,
MNST, MU, PEP, QCOM, SIRI, AAPL, AMAT, CPRT, EA, KHC, LRCX, NVDA, SBUX, COST,
CSGP, PCAR, PDD, WDAY, ZS, BKNG, DDOG, INTU, MAR, MRVL, VRSK, ADI, ANSS, IDXX,
ISRG, MCHP, PAYX, ABNB, CSX, CTSH, GFS, GOOGL, NXPI, ODFL, PYPL, TMUS,
TXN, XEL, ZM, JD, WBD, ADP, CMCSA, ENPH, PANW, EBAY,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 0
Moving Below 30 DMA = 2
ADSK, TEAM,
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