SPX, NDX, DJI Make New All-time Closing Highs in Broad Rally...Technology, Financials, Communication Services Lead Sectors...TRV Gaps Up on Positive EPS Reaction...

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The SPX +58.87 closed at a new all-time high as did NDX and DJI.  SPY, QQQ and DIA all had increased volume.  Friday was a broad rally with strong gains in tech stocks as XLK +2.31% led all sectors.  W, FAS, UPST, AMAT, NET, NVDA, SMH were among the advancers on Friday.  NDX 17,314 hits an all-time closing high.

Fed-speak from Daly and Barr occurred on Friday.

Monday day 6 of Q4 earnings season continues with 3 SPX companies BRO, UAL, ZION reporting AMC.  74 SPX companies report this week.

First day reaction: Q4

Positive:  TRV, RF, HBAN, FITB, SLB, STT, FAST, JBHT, MTB, CFG, BK, C = 12

Neutral:  CMA, TFC, GS, PNC, BLK, JPM = 6

Negative:  PPG, DFS, KEY, NTRS, KMI, PLD, USB, SCHW, MS, DAL, UNH, WFC, BAC, = 13

Mega caps NVDA, GOOGL, META, AAPL, MSFT, AMZN, TSLA rose on Friday.

SPY up 5.94 at 482.43 on 110.8 million shares, above average volume, closed higher on higher volume. 

VIX down .83 at 13.30

QQQ up 8.19 at 421.18

TRV, INTC, IBM, CRM led the DJIA, 25 advancers, +1

AMD, KEY, MTB, AMAT, CDNS led the SPX, 372 advancers 

AMD, PYPL, AVGO, LRCX led the NDX, 87 advancers

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

Up:   QQQ, SPY, DIA, IWM,

Down: 

Nine of eleven sectors were higher on Friday, led by XLK, XLF and XLC.

The SPY MFC green line turned up at 88.4 and is short-term bullish. 

Uptrend sectors:   XLC, XLK, XLF, XLV, XLY, XLI, XLRE, XLB, XLP, XLU,

Neutral sectors: 

Down trend sectors:  XLE,

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

87 of 100 NDX stocks closed higher on Friday.

70 NDX stocks are above their 30 DMA:  CRWD, CTAS, ROST, TMUS, DXCM, AMD, QCOM, COST, ZS, BKNG, MAR, ISRG, CSX, MRNA, TEAM, REGN, AMGN, GILD, ILMN, AVGO, MRVL, MU, ANSS, FTNT, META, VRTX, CSCO, CCEP, SPLK, GOOG, MNST, ADP, MDLZ, ADSK, NVDA, AMZN, CTSH, DASH, DDOG, GOOGL, LRCX, MSFT, NFLX, WDAY, PANW, TTWO, MELI, CDNS, ORLY, ROP, VRSK, SIRI, AMAT, ASML, CDW, EA, FAST, INTC, INTU, KLAC, PCAR, PYPL, TXN, AAPL, ABNB, ADBE, ADI, CMCSA, CPRT, GFS, MCHP, MDB, PAYX,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 10

AAPL, ABNB, ADBE, ADI, CMCSA, CPRT, GFS, MCHP, MDB, PAYX,

Moving Below 30 DMA = 0

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