SPX Opens Higher, Closes Lower as Stocks Drop on Mid-East Concerns...All Sectors Lower...MTB Leads SPX after Positive EPS Reaction...

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The SPX -61.59, 5,061.82, opened higher after GS, MTB, SCHW reported EPS with positive earnings reactions.  Middle East concerns over Israel comments of no choice but to retaliate led to reversing the positive price action.  TNX moved higher closing at 46.28.

Tuesday Q1 day 3: BMO: BAC, BK, JNJ, MS, NTRS, PNC, UNH, AMC: JBHT, OMC, UAL

First day reaction: Q1

Positive:  MTB, GS, SCHW, STT, STZ = 5

Neutral:  PGR, WFC = 2

Negative:  JPM, BLK, C, KMX, FAST, DAL = 6

MTB +6.38, +4.74%, led the SPX after a positive earnings reaction. 

NVDA -21.85, -2.48%, 860.01, opened higher and reversed as the market rolled over as Mid-East concerns increased.

Mega caps AMZN, GOOGL, MSFT, AAPL, META, NVDA, TSLA fell on Monday.

SPY down 6.40 at 504.45 on 92.1 million shares, above average volume,

VIX up 1.92 at 19.23

QQQ down 7.21 at 431.06

GS, INTC, UNH, NKE led the DJIA, 10 advancers, +6

MTB, GS, VLTO, CNC led the SPX, 75 advancers 

INTC, KHC, KDP, SBUX led the NDX, 11 advancers

Up:   

Down:  DIA, SPY, IWM, QQQ,

All eleven sectors were down for a second straight day on Monday, with the smallest declines by XLV, XLP and XLB

The SPY MFC green line is pointed down at 44.2 and is short-term bearish.

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

Neutral sectors:  XLV, XLRE,

Down trend sectors: 

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: Down

11 of 100 NDX stocks closed higher on Monday.

14 NDX stocks are above their 30 DMA:  CTAS, AMZN, CEG, FANG, MU, AZN, GOOGL, KHC, KDP, XEL, PAYX, DDOG, AAPL, ODFL,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 14

AMAT, AVGO, BKR, DASH, DXCM, MAR, META, MRNA, MSFT, NFLX, PYPL, QCOM, TEAM, TTD,

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