SPX Opens Higher and makes an All-time Closing High...Energy, Real Estate, Basic Materials Lead Sectors...After-hours: AMAT Up on Positive Earnings Reaction...

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The SPX +29.11 opens higher and makes another new all-time closing high.  A bull flag bounce continuation.  The SPX closes above 5,000 for the fourth time.  Before the open, the Retail Sales report was -0.8% vs. -0.1% consensus, below expectations.  Futures rallied, as bad news was perceived as good. 

NVDA -12.42 pulled back after hitting a new closing on Wednesday. 

After-hours: AMAT +22.34, +11.90%, a positive earnings reaction.

Friday BMO: PPL, VMC…AMC:

First day reaction: Q4 as of Thursday, day 24 of Q4 earnings season.

Positive: ZBRA, CBRE, CPAM, TRGP, EQIX, OXY, AWK, ACGL, ALB, IQV, CRL, DVA, WELL, ES, CME, MLM, GPN, WM, LDOS, HWM INCY, TRMB, FE, RL, DIS, TPR, NWSA, WYN, 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 = 156

Neutral:  TYL, GPC, INVH, GNRC, WAB, PFG, FRT, KO, MSI, MHK, CTLT, 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 = 61

Negative: WST, HBI, ROL, DE, VTR, LH, CSCO, SO, AKAM, MGM, KHC, EQT, WMB, ABNB, AIG, MCO, ZTS, MAR, ANET, CDNS, HAS, TAP, EXPE, TTWO, DXCM, MTD, ILMN, PEAK, PEP, REG, VRSN, 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, = 145

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

SPY up 3.44 at 502.01 on 61.5 million shares, below average volume, closed higher on lower volume. 

VIX down .37 at 14.01

QQQ up 1.29 at 434.51

WBA, CVX, DOW, JPM led the DJIA, 24 advancers, +5

ZBRA, CBRE, EPAM, WFC led the SPX, 415 advancers 

ABNB, TSLA, MRNA, DASH led the NDX, 65 advancers.

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

Up:  IWM, DIA, SPY, QQQ,

Down: 

Ten of eleven sectors were up on Thursday, led by the XLE, XLRE and XLB.

The SPY MFC green line is pointed down at 89.8 and is counter-trend defensive. 

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

Neutral sectors:  XLU, XLE,

Down trend sectors: 

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: Sideways

65 of 100 NDX stocks closed higher on Thursday.

60 NDX stocks are above their 30 DMA:  CRWD, CTAS, ROST, AMD, COST, ZS, ISRG, REGN, AVGO, MRVL, FTNT, META, SPLK, ADP, ADSK, NVDA, AMZN, DASH, DDOG, LRCX, MSFT, NFLX, WDAY, PANW, MELI, CDNS, ORLY, VRSK, AMAT, ASML, CDW, FAST, INTU, KLAC, PCAR, ABNB, SNPS, CEG, CSX, MDB, BKNG, CPRT, DLTR, ODFL, IDXX, NXPI, GEHC, PAYX, SBUX, ON, QCOM, TTD, EA, FANG, AEP, CTSH, ILMN, MAR, ROP,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 2

MAR, ROP,

Moving Below 30 DMA = 1

GOOGL,

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