AMD Earnings Lift Semis, Tech stocks and Indexes Before the Open...SPX, NDX Open Higher, Closes Higher...Technology, Consumer Dicretionary, Utlities Lead Sectors...After Hours: META Rises on Positive Earnings Reaction...

© 2024

The SPX +85.86, 5,522, opened higher, trended up and closed higher on a positive AMD earnings reaction providing a strong catalyst to semiconductor and technology stocks.  Advancers breadth strengthened on Wednesday.  The NDX +3.01% trended up and closed higher.

The FOMC announced no change in the Fed Funds rate as expected.  The SPX rallied during the FOMC press conference.

MTCH +4.45, +13.21%, ANET +35.13, +11.28% were the SPX earnings gainers on Wednesday.

After-hours:  META +34.04, +7.17%, CHRW +8.66, +2.78%, on positive EPS reactions. 

Earnings season continues Thursday with 56 SPX companies reporting: AME, APD, APTV, BALL BDX, BIIB, CI, CMI, COP, D, DINO, ETN, ETR, EXC, GWW, HII, HSY, ICE, IRM, K, KIM, LH, MRNA, PNW, PWR, REGN, SO, TFX, TRGP, XEL report BMO and AAPL, AEE, AES, AMZN, BIO BKNG, CE, CLX, CPT, CTRA, ED, EOG, FRT, GDDY, GEN, INTC, LNT, MCHP, MSI, MTD, PRU, REG, RMD, SQ, VRTX, VTR report on Thursday AMC.

First day reaction: Q1

Positive:  MTCH, ANET DAY, BWA CZR, AMD, DD, KHC, TMUS, JCI, MA, COR, KKR, SBUX, WAT, FSLR, GEHC, BA, MDLZ, ADP, LYV, TT, EA, HES, HWM, FFIV, SWK, PYPL, IT, PSX, SYY, ZBRA, AMT, HOLX, HUBB, PFE, PEG, AEP, ON, RVTY, MCD, MMM, MHK, CHTR, BMY, NSC, CNC, AON, HIG, DECK, BKR, DOC, VLTO, WY, VRSN, EMN, AJG, CING, CL, NOW, MOH, UHS, POOL, TYL, CBRE, RTX, MAS, NDAQ, NOC, DOV, LUV VLO, URI RJF,  IBM, AAL, AMP, ORLY, FTI, WTW, HAS, ABBV, KDP, CMS, ENPH, T, NEE, TMO, STX, TDY, TEL, FI CSGP, PNR, MSCI, SHW, GE, LMT, DHR, BRO, HCA, PM, IVZ, IQV, TFC, ISRG, HBAN, SLB, FITB, DHI, CTAS, KMI, EFX, MTB, BX, DFS, USB, JNJ, CFG, PLD, STT, UNH, BAC, PNC, GS, BK, FAST= 12

Neutral: WEC, QRVO, FE, GNRC, NCLH, SYK, ESS, ITW, WELL, SBAC, SPGI, JNPR, KLAC, GL, DTE, UNP, DOW, IP, COF, ALLE, ODLFL, PKG, EQT, TXN, CME, WRB, MCO, KO, PHM, NVR, GPC, RF, TXT, CCI, STLD, SYF, MS, BLK = 38

Negative:  HUM, VRSK, BG, CDW, MAR, GRMN, SW, SWKS, MO, PSA, ACGL, EXR, UDR, BXP, MSFT, MRK, ECL, GLW, XYL, PG, LDOS, EQR, CNP, ADM, INCY, L, DXCM, LHX, PFG, TROW, BEN, DLR, EW, F, WST, TER, LKQ, WM, INVH, ALGN, RCL, ROL, HON, RSG, NEM, LVS, TSCO, CMG, CARR, PCG, LW, TSLA, FTV, ROP, OTIS, APH, WAB, GOOGL, GEV, V, GD, CB, IPG, BSX, UPS, PCAR, AOS, NXPI, GM, KMB, DGX, ARE, CMCSA, AVY, FCX, CDNS, NUE, VZ, TRV, HAL, PPG, AXP, NFLX, DPZ, ABT, KEY, LVS, SNA, MMC, UAL, JBHT, ELV, NTRS, OMC, SCHW, PGR, WFC, C, JPM = 99

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

SPY up 8.81 at 550.81, 65.6 million shares, above average volume

VIX down 1.33 at 16.36

QQQ up 13.54 at 471.07

AMZN, INTC, BA, AAPL led the DJIA, 18 advancers, -3

VST, MTCH, NVDA, ANET led the SPX, 339 advancers 

NVDA, CEG, AVGO, ASML led the NDX, 77 advancers

Up:  QQQ, SPY, IWM, DIA,

Down:   

Seven of eleven sectors were higher on Wednesday, led by XLK, XLY and XLU.

The SPY MFC green line turned up at 27 and is short-term bullish.

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

Neutral sectors: 

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: Up

77 of 100 NDX stocks closed higher on Wednesday.

51 NDX stocks are above their 30 DMA:  REGN, FANG, VRTX, CHTR, EA, CTAS, AMGN, BKR, GILD, ODFL, AEP, CTSH, GEHC, ILMN, FAST, LIN, ADP, PAYX, EXC, XEL, KHC, PEP, ORLY, CSGP, CSCO, MDLZ, CSX, MNST, TEAM, WDAY, CMCSA, KDP, TXN, ON, PYPL, AAPL, ADBE, ADI, ADSK, AZN, CCEP, DASH, FANG, INTU, ISRG, KLAC, MDB, MELI, SBUX, TMUS, TSLA,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 16

AAPL, ADBE, ADI, ADSK, AZN, CCEP, DASH, FANG, INTU, ISRG, KLAC, MDB, MELI, SBUX, TMUS, TSLA,

Moving Below 30 DMA = 2

CDW, VRSK,

Add Comments here:

SPX Closes Lower...Energy, Financials, Real Estate, Lead Sectors, After-hours> AMD, ANET, FSLR Up on EPS Reaction...

© 2024

The SPX -27.10, 5,436, opened higher, trended down and closed lower with MSFT earnings after the close.  Advancers breadth strengthened on Tuesday.  The NDX -1.38% trended down and closed lower.

HWM +10.96, +13.23%, FFIV +23.07, +12.99% were the SPX earnings gainers on Tuesday.

After-hours:  AMD +10.58, +7.64%, ANET +8.66, +2.78%, FSLR +5.11, +2.42%, on positive EPS reactions.  MSFT -11.52, -2.72%, an earnings and revenue beat but negative reaction as cloud segment was slightly lower than expected.

The FOMC meeting started today and continues tomorrow. Wednesday FOMC announcement 2:00 pm ET, press conference 2:30 pm ET.

Earnings season continues Wednesday with 55 SPX companies reporting: ADP, BA, BG, BWA, CDW, COR, DAY, DD, GEHC, GNRC, GRMN, HES HUM, JCI KHC KKR MA MAR MO NCLH TMUS TT VRSK WAT WEC report BMO and AFL, AIG, ALB, ALL, ANSS, APA, AVB, AWK CHRW, CTSH CTVA EBAY EG, ES, ETSY, FICO, FMC, HST IEX, IR, LRCX, MAA, MET, META,  MGM PAYC PTC, QCOM, VICI WDC report Wednesday AMC, META on Wednesday AMC and AAPL, AMZN on Thursday AMC.

First day reaction: Q1

Positive:  HWM, FFIV, SWK, PYPL, IT, PSX, SYY, ZBRA, AMT, HOLX, HUBB, PFE, PEG, AEP, ON, RVTY, MCD, MMM, MHK, CHTR, BMY, NSC, CNC, AON, HIG, DECK, BKR, DOC, VLTO, WY, VRSN, EMN, AJG, CING, CL, NOW, MOH, UHS, POOL, TYL, CBRE, RTX, MAS, NDAQ, NOC, DOV, LUV VLO, URI RJF,  IBM, AAL, AMP, ORLY, FTI, WTW, HAS, ABBV, KDP, CMS, ENPH, T, NEE, TMO, STX, TDY, TEL, FI CSGP, PNR, MSCI, SHW, GE, LMT, DHR, BRO, HCA, PM, IVZ, IQV, TFC, ISRG, HBAN, SLB, FITB, DHI, CTAS, KMI, EFX, MTB, BX, DFS, USB, JNJ, CFG, PLD, STT, UNH, BAC, PNC, GS, BK, FAST= 103

Neutral: ITW, WELL, SBAC, SPGI, JNPR, KLAC, GL, DTE, UNP, DOW, IP, COF, ALLE, ODLFL, PKG, EQT, TXN, CME, WRB, MCO, KO, PHM, NVR, GPC, RF, TXT, CCI, STLD, SYF, MS, BLK = 31

Negative:  MRK, ECL, GLW, XYL, PG, LDOS, EQR, CNP, ADM, INCY, L, DXCM, LHX, PFG, TROW, BEN, DLR, EW, F, WST, TER, LKQ, WM, INVH, ALGN, RCL, ROL, HON, RSG, NEM, LVS, TSCO, CMG, CARR, PCG, LW, TSLA, FTV, ROP, OTIS, APH, WAB, GOOGL, GEV, V, GD, CB, IPG, BSX, UPS, PCAR, AOS, NXPI, GM, KMB, DGX, ARE, CMCSA, AVY, FCX, CDNS, NUE, VZ, TRV, HAL, PPG, AXP, NFLX, DPZ, ABT, KEY, LVS, SNA, MMC, UAL, JBHT, ELV, NTRS, OMC, SCHW, PGR, WFC, C, JPM = 84

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

SPY down 2.76 at 542.00, 46.8 million shares, average volume

VIX up 1.09 at 17.69

QQQ down 6.37 at 457.53

TRV, GS, JPM, MCD led the DJIA, 21 advancers, +8

HWM, FFIV, SWK, IT, LW led the SPX, 339 advancers 

PYPL, WBD, DXCM, ORLY led the NDX, 44 advancers

Up:  DIA, IWM,

Down:  SPY, QQQ,

Seven of eleven sectors were higher on Tuesday, led by XLE, XLF and XLRE.

The SPY MFC green line is pointed down at 23 and is short-term bearish.

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

Neutral sectors: 

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: Up a little

44 of 100 NDX stocks closed higher on Tuesday.

36 NDX stocks are above their 30 DMA:  VRSK, REGN, VRTX, CHTR, EA, CTAS, AMGN, BKR, GILD, ODFL, AEP, CTSH, GEHC, ILMN, CDW, FAST, LIN, ADP, PAYX, EXC, XEL, KHC, PEP, ORLY, CSGP, CSCO, MDLZ, CSX, MNST, TEAM, WDAY, CMCSA, KDP, TXN, ON, PYPL,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 1

PYPL,

Moving Below 30 DMA = 4

CCEP, ISRG, MDB, TSLA,

Add Comments here:

SPX, NDX Close Slightly Higher after Volatile Range Day...Consumer Discretionary, Communication Services, Real Estate Lead Sectors...After-hours: FFIV Up on Positive EPS Reaction...

© 2024

The SPX +4.44, 5,463, opened higher, traded in a choppy range and closed higher and failed to close above Thursday's high for a second day.  Advancers breadth weakened on Monday.  The NDX +0.19% traded in a range and closed slightly higher on Monday.

ON +23.77, +11.54%, RVTY +10.44, +9.07% were the SPX earnings gainers on Monday.

After-hours:  FFIV +22.66, +12.76%, on a positive EPS reaction.

FOMC meeting, Tuesday and Wednesday, July 30-31, 2024. Wednesday FOMC announcement 2:00 pm ET, press conference 2:30 pm ET.

Earnings season continues Tuesday with 43 SPX companies reporting: ADM, AEP, AMT, CNP, ECL, GLW, HUBB, HWM, INCY, IT, ITW, LDOS, MRK, PEG, PFE, PG, PSX, SPGI, SWK, SYY, XYL, ZBRA report BMO and ACGL, AMD, ANET, BXP, CZR, EA, ESS, EXR, FE, FSLR, LYV, MDLZ, MSFT, MTCH, PSA, QRVO, SBUX, SW, SWKS, SYK, UDR report Tuesday AMC, META on Wednesday AMC and AAPL, AMZN on Thursday AMC.

First day reaction: Q1

Positive:  ON, RVTY, MCD, MMM, MHK, CHTR, BMY, NSC, CNC, AON, HIG, DECK, BKR, DOC, VLTO, WY, VRSN, EMN, AJG, CING, CL, NOW, MOH, UHS, POOL, TYL, CBRE, RTX, MAS, NDAQ, NOC, DOV, LUV VLO, URI RJF,  IBM, AAL, AMP, ORLY, FTI, WTW, HAS, ABBV, KDP, CMS, ENPH, T, NEE, TMO, STX, TDY, TEL, FI CSGP, PNR, MSCI, SHW, GE, LMT, DHR, BRO, HCA, PM, IVZ, IQV, TFC, ISRG, HBAN, SLB, FITB, DHI, CTAS, KMI, EFX, MTB, BX, DFS, USB, JNJ, CFG, PLD, STT, UNH, BAC, PNC, GS, BK, FAST= 89

Neutral: JNPR, KLAC, GL, DTE, UNP, DOW, IP, COF, ALLE, ODLFL, PKG, EQT, TXN, CME, WRB, MCO, KO, PHM, NVR, GPC, RF, TXT, CCI, STLD, SYF, MS, BLK = 27

Negative:  L, DXCM, LHX, PFG, TROW, BEN, DLR, EW, F, WST, TER, LKQ, WM, INVH, ALGN, RCL, ROL, HON, RSG, NEM, LVS, TSCO, CMG, CARR, PCG, LW, TSLA, FTV, ROP, OTIS, APH, WAB, GOOGL, GEV, V, GD, CB, IPG, BSX, UPS, PCAR, AOS, NXPI, GM, KMB, DGX, ARE, CMCSA, AVY, FCX, CDNS, NUE, VZ, TRV, HAL, PPG, AXP, NFLX, DPZ, ABT, KEY, LVS, SNA, MMC, UAL, JBHT, ELV, NTRS, OMC, SCHW, PGR, WFC, C, JPM = 74

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

SPY up .32 at 544.76, 39.5 million shares, below average volume

VIX up .21 at 16.60

QQQ up .93 at 463.90

MCD, DIS, MRK, NKE led the DJIA, 13 advancers, -14

ON, RVTY, RMD, TSLA, DXCM, CZR led the SPX, 275 advancers 

ON, TSLA, DXCM, CHTR led the NDX, 60 advancers

Up:  SPY, QQQ,

Down:  DIA, IWM,

Seven of eleven sectors were higher on Monday, led by XLY, XLC and XLRE.

The SPY MFC green line is pointed down at 32.8 and is short-term bearish.

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

Neutral sectors: 

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: Sideways

60 of 100 NDX stocks closed higher on Monday.

40 NDX stocks are above their 30 DMA:  VRSK, REGN, FANG, VRTX, CHTR, EA, CTAS, AMGN, BKR, GILD, ODFL, AEP, CTSH, GEHC, ILMN, CDW, FAST, MDB, LIN, ADP, PAYX, EXC, XEL, KHC, PEP, ORLY, CSGP, CSCO, MDLZ, CSX, MNST, TEAM, WDAY, CCEP, CMCSA, ISRG, KDP, TXN, ON, TSLA,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 2

ON, TSLA,

Moving Below 30 DMA = 2

FANG, MELI,

Add Comments here:

SPX, NDX, DJI and RUT Close Higher on Market Bounce...Communication Services, Industrials, Real Estate Lead all Sectors Higher...Mega Cap EPS from MSFT, META, AAPL, AMZN Next Week...

© 2024

The SPX +59.88, 5,459, opened higher after the PCE Inflation report was an inline 2.5% vs. 2.5% consensus.  The SPX did trend up after the open before selling off in the afternoon but still managed to close higher.  Advancers breadth strengthenrf on Friday.

MMM +23.77, +22.99%, MHK +26.21, +19.49% CHTR, BMY, NSC and CNC were the SPX earnings gainers on Friday.

The NDX +1.03% also opened and closed higher on Friday.

Next Tuesday/Wednesday FOMC meeting July 30-31, 2024. 

Earnings season continues Monday with 10 SPX companies reporting: L, MCD, ON, RVTY report BMO and EQR, FFIV, HOLX, PYPL, SBAC, WELL report AMC.  AMD, MSFT report Tuesday AMC, META on Wednesday AMC and AAPL, AMZN on Thursday AMC.

First day reaction: Q1

Positive:  MMM, MHK, CHTR, BMY, NSC, CNC, AON, HIG, DECK, BKR, DOC, VLTO, WY, VRSN, EMN, AJG, CING, CL, NOW, MOH, UHS, POOL, TYL, CBRE, RTX, MAS, NDAQ, NOC, DOV, LUV VLO, URI RJF,  IBM, AAL, AMP, ORLY, FTI, WTW, HAS, ABBV, KDP, CMS, ENPH, T, NEE, TMO, STX, TDY, TEL, FI CSGP, PNR, MSCI, SHW, GE, LMT, DHR, BRO, HCA, PM, IVZ, IQV, TFC, ISRG, HBAN, SLB, FITB, DHI, CTAS, KMI, EFX, MTB, BX, DFS, USB, JNJ, CFG, PLD, STT, UNH, BAC, PNC, GS, BK, FAST= 86

Neutral: JNPR, KLAC, GL, DTE, UNP, DOW, IP, COF, ALLE, ODLFL, PKG, EQT, TXN, CME, WRB, MCO, KO, PHM, NVR, GPC, RF, TXT, CCI, STLD, SYF, MS, BLK = 27

Negative:  DXCM, LHX, PFG, TROW, BEN, DLR, EW, F, WST, TER, LKQ, WM, INVH, ALGN, RCL, ROL, HON, RSG, NEM, LVS, TSCO, CMG, CARR, PCG, LW, TSLA, FTV, ROP, OTIS, APH, WAB, GOOGL, GEV, V, GD, CB, IPG, BSX, UPS, PCAR, AOS, NXPI, GM, KMB, DGX, ARE, CMCSA, AVY, FCX, CDNS, NUE, VZ, TRV, HAL, PPG, AXP, NFLX, DPZ, ABT, KEY, LVS, SNA, MMC, UAL, JBHT, ELV, NTRS, OMC, SCHW, PGR, WFC, C, JPM = 73

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

SPY up 6.03 at 544.44, 53.7 million shares, above average volume

VIX down -2.07 at 16.39

QQQ up 4.70 at 462.97

MMM, CRM, AXP, V led the DJIA, 27 advancers, +12

MMM, MHK, CHTR, BMY, NSC, CNC led the SPX, 436 advancers 

CHTR, BKR, WBD, DASH led the NDX, 84 advancers

Up:  IWM, DIA, SPY, QQQ,

Down:  

All eleven sectors were higher on Friday, led by XLC, XLI and XLRE.

The SPY MFC green line is pointed down at 41.2 and is short-term bearish.

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

Neutral sectors: 

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

84 of 100 NDX stocks closed higher on Friday.

40 NDX stocks are above their 30 DMA:  VRSK, REGN, FANG, VRTX, CHTR, EA, CTAS, AMGN, BKR, GILD, ODFL, AEP, CTSH, GEHC, ILMN, CDW, FAST, MDB, LIN, ADP, PAYX, EXC, XEL, KHC, PEP, ORLY, CSGP, CSCO, MDLZ, CSX, MNST, TEAM, WDAY, CCEP, CMCSA, FANG, ISRG, KDP, MELI, TXN,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 7

CCEP, CMCSA, FANG, ISRG, KDP, MELI, TXN,

Moving Below 30 DMA = 0

Add Comments here:

SPX, NDX Gain Before Pulling Back and Closing Lower Awaiting Friday's PCE Inflation Report...Energy, Industrials, Financial Lead Sectors...After-hours: DECK, MHK Positive EPS Reactions...

© 2024

The SPX -27.91, 5,399, opened flat after Q2 GDP report was a better than expected 2.8% vs. 2.0% consensus.  The SPX did rally after the open before selling off in the afternoon to close lower for a third straight day.  Advancers breadth did strengthen from Wednesday’s extreme low.

NOW +97.92, +13.40% and MOH +35.45, +12.28% were the SPX earnings gainers on Thursday.

The NDX -1.06% opened flat, sold off for the first 45 minutes, rallied to a positive 1% gain before pulling back in the afternoon to close lower.

After-hours: DECK +88.50, +10.52% and MHK +13.50, +10.04% closed higher after reporting earnings.

PCE Inflation report on Friday, July 26, BMO.

Next Tuesday/Wednesday FOMC meeting July 30-31, 2024 

Earnings season continues Friday with 8 SPX companies reporting: AON, BEN, BMY, CHTR, CL, CNC, MMM, TROW report BMO.

First day reaction: Q1

Positive:  NOW, MOH, UHS, POOL, TYL, CBRE, RTX, MAS, NDAQ, NOC, DOV, LUV VLO, URI RJF,  IBM, AAL, AMP, ORLY, FTI, WTW, HAS, ABBV, KDP, CMS, ENPH, T, NEE, TMO, STX, TDY, TEL, FI CSGP, PNR, MSCI, SHW, GE, LMT, DHR, BRO, HCA, PM, IVZ, IQV, TFC, ISRG, HBAN, SLB, FITB, DHI, CTAS, KMI, EFX, MTB, BX, DFS, USB, JNJ, CFG, PLD, STT, UNH, BAC, PNC, GS, BK, FAST= 68

Neutral: KLAC, GL, DTE, UNP, DOW, IP, COF, ALLE, ODLFL, PKG, EQT, TXN, CME, WRB, MCO, KO, PHM, NVR, GPC, RF, TXT, CCI, STLD, SYF, MS, BLK = 26

Negative:  EW, F, WST, TER, LKQ, WM, INVH, ALGN, RCL, ROL, HON, RSG, NEM, LVS, TSCO, CMG, CARR, PCG, LW, TSLA, FTV, ROP, OTIS, APH, WAB, GOOGL, GEV, V, GD, CB, IPG, BSX, UPS, PCAR, AOS, NXPI, GM, KMB, DGX, ARE, CMCSA, AVY, FCX, CDNS, NUE, VZ, TRV, HAL, PPG, AXP, NFLX, DPZ, ABT, KEY, LVS, SNA, MMC, UAL, JBHT, ELV, NTRS, OMC, SCHW, PGR, WFC, C, JPM = 67

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

SPY down -2.82 at 538.41, 61.0 million shares, above average volume

VIX up .42 at 18.46

QQQ down -5.11 at 458.27

IBM, CRM, CAT, BA led the DJIA, 15 advancers, +6

NOW, MOH, UHS, POOL led the SPX, 290 advancers 

TEAM, ODFL, MDB, GILD led the NDX, 43 advancers

Up:  IWM, DIA,

Down:  SPY, QQQ,

Four of eleven sectors were higher on Thursday, led by XLE, XLI and XLF.

The SPY MFC green line is pointed down at 47.2 and is short-term bearish.

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

Neutral sectors: 

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

43 of 100 NDX stocks closed higher on Thursday.

33 NDX stocks are above their 30 DMA:  VRSK, REGN, FANG, VRTX, CHTR, EA, CTAS, AMGN, BKR, GILD, ODFL, AEP, CTSH, GEHC, ILMN, CDW, FAST, MDB, LIN, ADP, PAYX, EXC, XEL, KHC, PEP, ORLY, CSGP, CSCO, MDLZ, CSX, MNST, TEAM, WDAY,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 4

CSX, MNST, TEAM, WDAY,

Moving Below 30 DMA = 2

AZN, ISRG,

Add Comments here: