SPX Opens Higher, Closes Higher...Technology, Real Estate, Consumer Discretionary Lead Sectors Higher...After-hours: AMGN, AAPL Higher on Positive EPS Reactions...

© 2024

The SPX +45.81, 5,064, gapped higher, pulled back, filled its opening gap, bounced up, trended higher and closed +0.91%.  The SPX recovered 62% of Wednesday's post Fed press conference selloff, confirming Wednesday’s inverted hammer candle pattern.

NVDA +27.76, +3.34%, 858.17, opened higher and closed higher.

Positive Earning reactions:  HWM +10.32, +15.45%, MRNA +14.13, +12.68%, CHRW +8.84, +12.25%, QCOM +15.99, +9.74%, rose after earnings.

After-hours: AMGN +36.61, +13.15% and AAPL +11.77, +6.80%, on positive EPS reactions.

This Week 175 SPX eps reports:

Friday Q1 day 16 BMO: CBOE, CBRE, HSY, TRMB, Saturday: BRK/B

First day reaction: Q1

Positive:  HWM, MRNA, CHRW, APTV, QCOM, BWA, K, WRK, CTVA, ZTS, VTR, ALB, XYL, REGN, AIG, BDX, MGM, KIM, VMC, FSLR, CTSH, SO, TECH, GRMN, AMCR, DD, VRSK, PFE, EXR, AMZN, ADP, PPL, PRU, CZR, LDOS, LLY, TT, GLW, ZBRA, MMM, NXPI, ACGL, ECL, PYPL, DPZ, ON, RVTY, RMD, GOOGL, BALL, KLAC, TROW, MHK, LHX, WDC, LYB, CL, MSFT,  NEM, TYL, CARR, TER, CMG, URI, UNP, KDP, DOV, FTI, ROL, MRK, NOC, TSCO, LRCX, AAL, HES, GEV, MO, WM, TSLA, HAS, WAB, CSGP, BSX, TXN, SYF, BIIB, HLT, EQT, EQR, T, APH, IPG, 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 = 123

Neutral:  MCO, MAA, CAH, AWK, TRGP, PNW, EXC, D MRO, DVN, VICI, CHD, PWR, AFL, ZBH, EIX, PSA, CTLT, WEC, ESS, INVH, MAR, PEG, MCD, CNP, KO, WELL, EG, AEP, APD, INCY, CVX, COF, AVB, TMUS, EMN, JNPR, DOX, F, RCL, SPGI, PCG, CMS, VLO, DTE, UHS, XEL, HON, DOW, STX, AVY, TMO, V, ETR, ARE BRO, NVR, RTX, LMT, HAL, PNR, HBAN, PG, RF, CSX, DHI, KEY, PGR, WFC = 69

Negative: ETSY, QRVO, HII, PAYC, BAX, SWK, AME, TFX, LIN, MOS, IQV, APA, CI, EBAY, PTC, MET, PH, ANSS, HST, COP, ICE, ES, IRM, ALL, CMI, VS, SBUX, SWKS, NCLH, SMCI, EL, CDW, GPN, AMD, JCI, GNRC, KHC, DAY, CLX, IDXX, BXP, YUM, COR, RSG, OKE FANG, SYK, MA, MDLZ, UDR, GEHC, TAP, MPC, FFIV, HUBB, IT, SBAC, PARA, PCAR, SYY, ADM, MLM, ETN, ITW, AMT, BEN, DXCM, INTC, FICO, AON, CINF, ABBV, VRSN, HIG, PSX, XOM, ROP, PFG, HCA, CNC, EW, RHI, CHTR, WY, AJG, FE, META, BMY, IBM, CAT, LUV, CMCSA, AOS, LH, WST, RJF, MOH, NOW, ORLY, WTW, IP, NDAQ, POOL, ALLE, GWW, ALGN, ODFL, TDY, FTV, ENPH, MAS, OTIS, GD, HUM, NSC, BG, IEX, STLD, BA, CB, TEL, CME, VLTO, BKR, 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 = 160

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

SPY up 4.68 at 505.03 on 62.5 million shares, below average volume

VIX down .71 at 14.68

QQQ up 5.38 at 426.90

BA, AMZN, NKE AAPL led the DJIA, 21 advancers, +6

HWM, PARA, CHRW, APTV led the SPX, 355 advancers 

MRNA, PDD, QCOM, TEAM led the NDX, 71 advancers

Up:  IWM, QQQ, SPY, DIA,

Down: 

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

The SPY MFC green line turned up at 36.6 and is short-term bullish.

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

Neutral sectors:  XLY, XLV, XLK,

Down trend sectors:  XLRE,

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

3-month Intermediate Term Market Trend: Up a little

3-day Short Term Market Trend: Down

71 of 100 NDX stocks closed higher on Thursday.

32 NDX stocks are above their 30 DMA:  AZN, GOOGL, KDP, XEL, PEP, AEP, EXC, TMUS, MDLZ, PANW, PDD, DDOG, MDB, MRNA, CCEP, MCHP, TXN, NXPI, TSLA, BIIB, COST, PYPL, AMGN, TTD, VRSK, AAPL, ADI, AMZN, MELI, ON, QCOM, REGN,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 7

AAPL, ADI, AMZN, MELI, ON, QCOM, REGN,

Moving Below 30 DMA = 1

ADP,

Add Comments here: