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The SPX +79.92 opened higher, trended up throughout Thursday and closed
higher.
Breadth was very strong
on Thursday.
Thursday EPS reactions:
TFX +21.68, +11.56%, PARA +1.12, +10.37%
After-hours:
PODD +14.08, +10.03%, FTNT -8.99, -15.61%, AAPL -4.78, -2.66%
Jobs Report Friday,
8:30 am ET, consensus forecast for non-farm payrolls is 179K vs 336K prior.
Friday day 17 of Q3 earnings season continues with six
SPX companies BMO: CAH, CBOE, CHD, D, IT, SRE reporting BMO and BRK/B
will report EPS on Saturday. Approximately
53 SPX companies report next week.
Today, cumulative first day positive reactions exceeded cumulative
first day negative reactions 157 to 147.
First day reaction:
Positive: TFX, PARA, PWR, SBUX, TYL, PH, CDAY, SEE, HWM, TRGP, EPAM, SPGI, CLX, PYPL,
ZTS, QCOM, IR, PTC, BR, AWK, LLY, COP, HST,
VAX, BXP, AIG, EA, AEP, DINO, REGN, AFL, MRO, WMB, CI, EXC, NRG, BALL, COR, SO,
JCI, MDLZ, FOXA, ETSY, PPL, ALB, ALL, GNRC, TT, AIZ, GRMN, AMD, MLM, TEL,
ETR, KHC, ANET, LDOS, ECL, GEHC, ETN, XYL, ACGL, SPG, INCY, MPC, PEG, GPN, WELL, SYY,
BEN, WDC, MCD, DXCM, INTC, AMZN, AMD, META, MELI, MU, AVGO, MRVL, CMCSA, KDP, DDOG, WTW, FTI, AMT, MAS, AOS, EQIX, ORLY, KIM, RJF, IBM, LH, BG, ROL, NOW, IEX, GWW, AMP, BKR,
TXT, NEM, EQT, MRK, UHS, LIN, AVB, KDP, CMS, GL, URI, WM, WAB, GD, MSFT,
MCO, FFIV, CB, RHI, VZ, RTX, NEE, GE, FI, MMM, NUE, BRO, PCAR, IVZ, PKG,
KO, WRK, DOW, DGX, PHM, ARE, NFLX, T, LVS, EFX, UNP, FITB, NDAQ, ABT, PG, STT, BK,
BAC, SCHW, PGR, WFC, UNH, JPM, FAST, WBA, = 157
Neutral: DUK, PRU, APA, MET, CHRW, CMI, IRM, PNW, EIX, TAP, NI, YUM, DTE,
FSLR, CVS, IQV, CDW, ALLE, AME, PFE, PSA, ZBRA, WEC, L, PSX, LYB, RSG, CBRE,
AJG, ESS, PFG, RCL, KLAC, CNP, DTE, VICI, BSX, IP, LUV, V, HLT, APH, TMUS, CME,
ROP, HES, ITW, GLW, CSX, SNA, AAL, MMC, KMI, ELV, TRV, LMT, JNJ, C, DPZ = 59
Negative: BWA, APTV, XRAY, MRNA, SEDG, ABNB, ROK, QRVO, MCK, ANSS, CTSH, ICE, MAR, PAYC, LUMN, EL, MTCH, TRMB, DD, HUM, EQR, NCLH, VRSK, AMCR, CZR, IDXX, OKE, VFC, FMC, CAT, HUBB,
TECH, AMGN, PEAK, MSCI, ON, RVTY, ENPH, F, CHTR, BIO, CVX, CPT, UDR, VRSN, TROW, ABBV, AON, RMD, FE, MHK, LHX, XEL, CINF, HIG XOM, CL, WY, ALGN, WHR, HAS, WST, CMCSA, EW, MO, BMY, LKQ, UPS, MA, KVUE, TSCO, VMC, MAA, INVH, EG, TER, META, HSY, PCG,
STX, MOH, CARR, VLO, NOC, VLTO, HON, GOOGL, MKTX, ADP, FTV, TMO, NSC, CSGP,
ODFL, TXN TDY, AVY, BA, OTIS, PNR, HCA, SYF, ADM, DHR, HAL, GM, NVR, CNC, SHW,
DOV, KMB, CDNS, RF, CMA, AXP, HBAN, IPG, SLB, ISRG, GPC, ZION, TSLA, DFS, BX,
LRCX, CCI, STLD, POOL, PPG, PM,
TFC, ALK, KEY, FCX, UAL, JBHT, MS, NTRS, CFG, USB, MTB, OMC, GS, PLD,
BLK, PNC, DAL = 147
Mega
caps TSLA, NVDA, AAPL, GOOGL, AMZN, MSFT rose
and META fell on Thursday.
SPY up 8.10 at 430.76 on 94.8 million
shares, average volume, closed higher on slightly lower volume.
VIX down 1.21 at 15.29
QQQ up 6.48 at 363.44
WBA, NKE, CVX, CAT led the DJIA, 28 advancers, +9
VFC, TFX, PARA, PWR led the SPX, 445 advancers
LCID, WBD, SBUX, TTD led the NDX, 88 advancers.
The two-year trend term is down a little. The
one-year trend is up.
Up: IWM, SPY, QQQ, DIA,
Down:
All eleven sectors were higher on Thursday, led by XLRE, XLE and XLY.
The SPY
MFC green line is pointed up at 31.9 and is short-term bullish. SPY opened higher
and closed higher.
Uptrend sectors: XLE, XLC,
XLK,
Neutral sectors: XLF, XLY, XLI, XLB, XLV,
Down trend sectors: XLU, XLRE, XLP,
The 6-month intermediate
trend is up. The ten-day trend is up.
3-month Intermediate Term Market
Trend: Down
3-day Short Term Market Trend: Up
88 of 100 NDX stocks
closed higher on Thursday.
51
NDX stocks are above their 30 DMA: FAST,
MSFT, FANG, GILD, LULU, NFLX, XEL, DLTR, ORLY, INTC, AEP, AMZN, CEG, CRWD,
CTAS, ROST, TMUS, ADBE, ASML, CDNS, DXCM, GEHC, KDP, KLAC, MDLZ, MELI, SNPS,
VRTX, AMD, AVGO, EXC, HON, META, MNST, MU, PANW, PEP, QCOM, SGEN, SIRI, AAPL,
AMAT, BKR, CPRT, EA, KHC, LRCX, NVDA, REGN, SBUX, WBD,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 11
AAPL, AMAT, BKR, CPRT, EA, KHC, LRCX,
NVDA, REGN, SBUX, WBD,
Moving Below 30 DMA = 1
PDD,
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