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The SPX +26.61 closed at a new
all-time high as did NDX at 17,516.
The GDP report Thursday was higher than expected at 3.3% vs. 2.0% consensus. MSFT, GOOGL and META closed at
all-times highs today.
URI +74.74, +12.96%, AAL +1.43, +10.27%,
positive EPS reaction. TSLA -25.20, -12.13%, negative EPS reaction.
After the close INTC reported lowered guidance for
its next quarter which is having a noticeable impact on other semiconductor stocks
in after-hours trading including AMD, MU, NVDA and NQ futures -150 points.
After-hours: INTC -5.40, -10.90%,
KLAC -38.51, -6.00%, negative EPS
reaction.
Personal Income and Outlays, PCE report Friday at 8:30 am ET.
Friday, day 10 of Q4 earnings season continues with 3 SPX
companies AXP, CL, NSC reporting BMO. 74 SPX companies report this
week.
First day reaction: Q4
Positive: URI, AAL, IBM, RMD, WRB, CCI, MKC, PKG, DOW, CMCSA, VLO, BX, LRCX, STX,
CSX, NEE, RJF, XEL, LVS, NFLX, TXT, TEL, GD, FCX, APH, VZ, RTX, UAL, BRO, PG, PCAR, HAL, TRV, RF,
HBAN, FITB, SLB, STT, FAST, JBHT, MTB, CFG, BK, C = 44
Neutral: SHW, AMP, NOW, UNP, STLD,
ELV, ISRG, SYF, GE, CMA, TFC, GS, PNC, BLK, JPM = 15
Negative: TSLA, HUM, NOC, MMC, LUV, KMB, TDY, BKR,
T, ABT, TXN, MMM,
DHI, IVZ, LMT, JNJ, ZION, PPG, DFS, KEY, NTRS, KMI,
PLD, USB, SCHW, MS, DAL, UNH, WFC, BAC, = 30
Mega caps GOOGL, META, MSFT, AMZN,
NVDA rose and AAPL, TSLA fell on Thursday.
SPY up 2.64 at 488.03 on 72.3 million
shares, below average volume, closed higher on lower volume.
VIX up .31 at 13.45
QQQ up .52 at 426.35
IBM, DOW, CAT, WBA led the DJIA, 26 advancers, +16
URI, AAL, RMD, WRB led the SPX, 401 advancers
CEG, CMCSA, NFLX, ADBE led the NDX, 66 advancers.
The two-year trend term is sideways. The
one-year trend is up.
Up: IWM, DIA, SPY, QQQ,
Down:
Nine of eleven sectors were higher on Thursday, led by XLE,
XLU and XLC.
The SPY
MFC green line is pointed up at 95.7 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
66 of 100 NDX stocks
closed higher on Thursday.
69
NDX stocks are above their 30
DMA: CRWD,
CTAS, ROST, TMUS, DXCM, AMD, QCOM, COST, ZS, BKNG, MAR, ISRG, MRNA, TEAM, REGN,
AMGN, ILMN, AVGO, MRVL, MU, ANSS, FTNT, META, VRTX, CSCO, CCEP, SPLK, GOOG, ADP, MDLZ, ADSK, NVDA, AMZN,
CTSH, DASH, DDOG, GOOGL, LRCX, MSFT, NFLX, WDAY, PANW, TTWO, MELI, CDNS, ORLY,
ROP, VRSK, AMAT, ASML, CDW, FAST, INTC, INTU, KLAC, PCAR, AAPL, ABNB, ADBE,
ADI, CMCSA, CPRT, GFS, MCHP, MDB, SNPS, EA, CEG, CSX, FANG, KHC, ODFL,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 5
CEG, CSX, FANG, KHC, ODFL,
Moving Below 30 DMA = 5
NXPI, PAYX, PYPL, SIRI, TXN,
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