SPX, NDX, DJI inch to All-time Closing Highs...Energy, Real Estate, Consumer Discretionary Lead Sectors...RL Leads SPX, DIS Leads DJI on Positive EPS Reactions...

© 2024

The SPX +2.85, NDX and DJI inched higher to all-time closing highs today.   NDX gainers PANW, CRWD, COST, AVGO, ZS, MAR, ROST, ADSK, INTU, BKNG, CDNS, DASH, CDW and MDB made 52-week closing highs on Thursday.  NVDA -4.58 pulled back today after a $18.76 trend resumption rally on Wednesday.

RL +24.71, +16.79%, DIS +11.40, +11.50% led the SPX on positive EPS reactions.  PYPL -7.11, -11.24%, on a negative EPS reaction.

After-hours:  NET +21.64, +23.96%, positive EPS reactions. EXPE -20.79, -13.04%, TTWO -16.00, -9.43%, on a negative EPS reaction

Friday, day 20 of Q4 earnings season continues with 2 SPX companies CTLT, PEP reporting BMO.  104 SPX companies report this week.

First day reaction: Q4

Positive: RL, DIS, TPR, NWSA, WYNN, MOH, ICE, EFX, HSY, MAS, BAX, K, GL, ALL, COP, ENPH, EMR, CMG, F, PRU, VLTO, AIZ, FTNT, JKHY, CVS, CDW, AMCR YUM, IEX, GEHC, DD, WTW, SPG, XYL, CMI, LIN, J, WAT, CNC, EL, ON, IDXX, TSN, CAT, 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 = 133

Neutral:  MAA, KIM, TROW, DTE, HLT, UBER, ATO, DAY, UDR, CTSH, NXPI, LLY, AME, L, 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 = 50

Negative: PYPL, SINA, FLT, EG, BWA, KVUE, SPGI, MCK, ORLY, ZBH, DUK, PM, STE, PAYC, TDG, IPG, VFC, FOXA, AMGN, CINF, GILD, OMC, BF, EW, ESS, FMC, CARR, VRTX, FI, IT, APD, MCD,  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, = 114

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

SPY up 0.22 at 498.32 on 52.1 million shares, below average volume, closed slightly higher on lower volume. 

VIX down .04 at 12.79

QQQ up .80 at 432.79

DIS, MCD, CVX, CRM led the DJIA, 10 advancers, -12

RL, WRK, TPR, NWSA led the SPX, 273 advancers 

ON, GFS, MDB, DASH led the NDX, 68 advancers.

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

Up:  IWM, QQQ, DIA, SPY,

Down: 

Six of eleven sectors were higher on Thursday, led by XLE, XLRE, XLY and XLK.

The SPY MFC green line turned up at 94.5 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

68 of 100 NDX stocks closed higher on Thursday.

67 NDX stocks are above their 30 DMA:  CRWD, CTAS, ROST, AMD, COST, ZS, MAR, ISRG, REGN, ILMN, AVGO, MRVL, FTNT, META, 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, SNPS, CEG, CSX, MDB, PEP, BKNG, CPRT, DLTR, ROP, ODFL, GOOGL, IDXX, NXPI, AAPL, DXCM, GEHC, PAYX, SBUX, ON, QCOM, TTD, ADI, ANSS, EA,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 3

ADI, ANSS, EA,

Moving Below 30 DMA = 2

CSGP, PYPL,

Add Comments here: