Groundhog Day - No Shadow - Early Spring...SPX Closes Higher...Communication Services, Consumer Discretionary, Technology Lead Sectors...META Soars on Positive EPS, Dividend Initiation, Increase Buy Back...

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Groundhog Day on Friday, Punxsutawney Phil did not see his shadow which predicts an early spring.

The SPX +52.42, NDX +298.02 and DJI +134.58 made new all-time closing highs on Friday as mega-caps META, AMZN and NVDA led the way.  The Jobs Report was a better-than-expected 353K new jobs vs 170K consensus.

ISM Mfg. Index 49.1 vs. 47.4 consensus, better than expected.

META +80.21, +20.32%, soars on a positive EPS reaction, initiation of a quarterly dividend, .50 declared and authorizes $50 billion buyback. CHTR -61.13, -16.51%, negative EPS reactions

Monday, day 16 of Q4 earnings season continues with 8 SPX companies APD, CAT, EL, IDXX, L, MCD, ON, TSN reporting BMO and 4 FMC, NXPI, SPG, VRTX reporting AMC.  104 SPX companies report next week.

First day reaction: Q4

Positive:  META, AMZN, CLX, GWW, CI, HIG, CVX, CPT, CTVA, PH, ETN, TT, BALL, QRVO, MRK, TSCO, DOV, MO, CMS, ALGN, RVTY, BDX, WEC, SYK, COR, BA, FTV, ADP, BSX, MTCH, EQR, PSX, MSCI. GM, SYY, NUE, GLW, MPC, HCA, DHR, HUBB, AXP, COF, LHX, CL, 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 = 89

Neutral:  ABBV, BMY, XOM, AAPL, RCL, AVB, PTC, DGX, MA, CB, SWKS, EA, JNPR, AVY, FFIV, NVR, PHM, PNR, BEN, TMUS, WY, SHW, AMP, NOW, UNP, STLD, ELV, ISRG, SYF, GE, CMA, TFC, GS, PNC, BLK, JPM = 36

Negative:  CHTR, GEN, EMN, HOLX, AON, CHD, LYB, MCHP, REGN, CBOE, CHRW, AFL, MET, QCOM, IP, CAH, WRK, TECH, HON, ITW, SWK, BR,  MKTX, ROK, TER, GOOGL, APTV, BXP, TMO, ROP, MSFT, AMD, RHI, HES, OTIS, MDLZ, ODFL, NDAQ, SBUX, UPS, WHR, ARE, JCI, AOS, PFE, INTC, FICO, KLAC, WDC, AJG, V, NSC, 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, = 82

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

SPY up 5.15 at 494.35 on 99.2 million shares, above average volume, closed higher on higher volume. 

VIX down .03 at 13.85

QQQ up 7.13 at 429.01

CVX, CAT, MSFT, AXP led the DJIA, 13 advancers, -9

META, EW, AMZN, CLX led the SPX, 222 advancers 

META, AMZN, MDB, DDOG, NVDA led the NDX, 60 advancers.

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

Up:  QQQ, SPY, DIA,

Down:  IWM,

Six of eleven sectors were higher on Friday, led by XLC, XLY and XLK.

The SPY MFC green line turned up at 89.3 and is short-term bullish. 

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

Neutral sectors:  XLU,

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 a little

60 of 100 NDX stocks closed higher on Friday.

63 NDX stocks are above their 30 DMA:  CRWD, CTAS, ROST, TMUS, AMD, COST, ZS, MAR, ISRG, REGN, AMGN, ILMN, AVGO, MRVL, MU, FTNT, META, VRTX, CCEP, SPLK, ADP, MDLZ, ADSK, NVDA, AMZN, CTSH, DASH, DDOG, LRCX, MSFT, NFLX, WDAY, PANW, TTWO, MELI, CDNS, ORLY, VRSK, AMAT, ASML, CDW, FAST, INTU, KLAC, PCAR, ABNB, ADBE, CMCSA, SNPS, CEG, CSX, MDB, PAYX, PEP, BKNG, CPRT, DLTR, KHC, PYPL, ROP, ODFL, TTD,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 2

ODFL, TTD,

Moving Below 30 DMA = 5

CHTR, CSGP, EA, TEAM, XEL,

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