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The SPX +88.01, 5,543, gapped
higher, after better-than-expected Retail Sales report created a catalyst of buying
and the SPX closed at its highest level in 17 days. The VIX opened lower and made it
lowest close in 17 days.
The NDX +2.46%, opened
higher, trended higher as all seven mega-caps from AAPL to TSLA closed
higher.
CSCO +3.09, +6.80%,
WMT +4.52, +6.58%, and DE +21.98, +6.26%, were the largest SPX earnings
gainers on Thursday.
After-hours: AMAT -6.53, -3.08%, reported
better-than-expected EPS and revenue but moved lower after gaining +5.06% on Thursday.
Mega caps TSLA, AMZN, NVDA,
META, AAPL, MSFT, GOOGL rose on Thursday.
SPY up 9.32 at 553.07, 60.7 million shares, above average volume, C-pattern signal
VIX down .96 at 15.23
QQQ up 11.69 at 474.42
CSCO, WMT, NKE, BA led the DJIA, 26 advancers, +3
ULTA, SMCI, ALB, PARA led the SPX, 416 advancers
SMCI, MRVL, MU, LULU led the NDX, 93 advancers
Up: IWM, QQQ, SPY, DIA,
Down:
Nine of eleven sectors were higher on Thursday,
led by XLY, XLK and XLB.
The SPY MFC green line is
pointed up at 56 and is short-term bullish.
Uptrend sectors: XLV, XLP,
XLRE, XLU, XLF, XLI, XLC, XLB, XLK,
Neutral sectors: XLE, XLY,
Down trend sectors:
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: Up
93 of 100 NDX stocks
closed higher on Thursday.
54 NDX stocks are above their 30
DMA: CHTR,
EA, CTAS, GILD, AEP, CTSH, ILMN, ADP, PAYX, EXC, XEL, KHC, PEP, ORLY, MDLZ, KDP,
PYPL, AZN, DASH, TMUS, MELI, ISRG, FTNT, PDD, REGN, GEHC, LIN, META, COST,
PANW, TTD, SBUX, ADSK, ANSS, CCEP, NFLX, AVGO, KLAC, NVDA, AAPL, ADBE, CMCSA,
CSCO, IDXX, INTU, MDB, MRVL, ODFL, ON, ROP, ROST, TXN, WDAY, ZS,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 15
AAPL, ADBE, CMCSA, CSCO, IDXX, INTU,
MDB, MRVL, ODFL, ON, ROP, ROST, TXN, WDAY, ZS,
Moving Below 30 DMA = 0
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