SPX Closes Higher for Bounce Day 2...Communication Services, Technology, Industrials lead Sectors...After-hours: TSLA Up after ETS Miss...

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The SPX +59.95, 5,070.55, opened higher, trended up and closed higher above the high of the low day on a bounce continuation move.  

GL +9.37, +14.11%, 75.76, led the SPX after a positive earnings reaction. 

NVDA +29.058, +3.65%, 824.23, opened higher, trended up and closed higher with a close above the high of the following day which was a bullish harami candle.

After-hours: TSLA +19.28, +13.33%, 163.96, a positive reaction after an EPS and revenue miss.

Wednesday Q1 day 9: BMO: APH, AVY, BA, BG, BIIB, BSX, CME, ETR, FTV, GD, HAS, HLT, HUM, IPG, MAS, NSC, ODFL, OTIS, SYF, T, TDY, TEL, TMO, WAB, AMC: ALGN, CMG, F, IBM, LRCX, META, MOH, NOW, ORLY, RJF, ROL, TER, TYL UHS URI, WM

This week: META on Wed…GOOGL, MSFT on Thur.

First day reaction: Q1

Positive:  GL, GE, DHR, KMB, DGX, PHM, FI, GM, PM, UPS, NEE, TFC, AXP, FITB, GPC, DFS, ELV, KMI, MMC, CMA, CCI, UAL, CFG, OMC, UNH, MS, MTB, GS, SCHW, STT, STZ = 31

Neutral:  ARE BRO, NVR, RTX, LMT, HAL, PNR, HBAN, PG, RF, CSX, DHI, KEY, PGR, WFC = 15

Negative:  LKQ, MSCI, NUE, IVZ, WRB, PKG, AMP, PEP, SHW, FCX, CDNS, VZ, NFLX, PPG, SLB, ISRG, LVS, EFX, SNA, BX, JBHT, TRV, PLD, ASML, USB, ABT, NTRS, BAC, JNJ, PNC, BK, JPM, BLK, C, KMX, FAST, DAL = 36

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

SPY up 5.93 at 505.65 on 64.6 million shares, slightly below average volume,

VIX down 1.20 at 15.74

QQQ up 6.25 at 425.07

VZ, AXP, MSFT, GS led the DJIA, 23 advancers, -2

GL, GE, GEV, DHR, SMCI led the SPX, 388 advancers 

MDB, PANW, NFLX, TTD, NVDA led the NDX, 84 advancers

Up:   IWM, QQQ, SPY, DIA,

Down: 

Ten of eleven sectors were higher on Tuesday, led by XLC, XLK and XLI

The SPY MFC green line is pointed up at 14.1 and is short-term bullish.

Uptrend sectors:  XLE, XLC, XLU, XLI, XLB, XLF, XLP,

Neutral sectors:  XLY, XLV,

Down trend sectors:  XLK, XLRE,

The 6-month intermediate trend is up.  The ten-day trend is down.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

84 of 100 NDX stocks closed higher on Tuesday.

22 NDX stocks are above their 30 DMA:  CTAS, FANG, AZN, GOOGL, KHC, KDP, XEL, PEP, AEP, EXC, TMUS, ADP, CEG, MDLZ, PANW, PDD, AMGN, DDOG, MDB, MRNA, ODFL, TEAM,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 6

AMGN, DDOG, MDB, MRNA, ODFL, TEAM,

Moving Below 30 DMA = 0

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