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

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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,

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