SPX, NDX Close Lower...Breadth Weakens...Financials, Health Care Lead Sectors...After Hours: NVDA, CRWD Lower after EPS, CRM Higher...

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The SPX -33.62, 5,592, opened flat, trended and closed lower.  The VIX opened higher, trended and closed higher.

The NDX -1.18%, opened slightly lower, trended down and closed lower.

NVDA -2.69, -2.10%, opened slightly lower, traded in a range and closed lower ahead of Q2 earnings after the close.

After hours: 

NVDA -8.66, -6.89%, revenue and earnings exceeded expectations, but apparently not by enough for buying to exceed selling after-hours.

CRWD -7.10, -2.69%, revenue and earnings beat but have lowered guidance for Q3 and FY25.

CRM +11.10, +4.29%, revenue and earnings exceeded expectations, and raised Q3 revenue and earnings guidance.

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

BRK/B became an eighth mega cap reaching a $1 trillion market cap today.

SPY down 3.26 at 558.30, 40.9 million shares, below average volume, C-pattern BO continuation pause

VIX up 1.68 at 17.11

QQQ down 5.41 at 471.35

AXP, AMGN, MRK, JNJ led the DJIA, 10 advancers, -5

PODD, BIO, TSN, GD led the SPX, 212 advancers

GILD, VRTX, CPRT, VRSK led the NDX, 19 advancers

Up: 

Down:  DIA, SPY, IWM, QQQ,

Two of eleven sectors were higher on Wednesday, led by XLF, XLV and XLU.

The SPY MFC green line is flat at 90.6 and is short-term bullish.

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

Neutral sectors:  XLY, XLE,

Down trend sectors: 

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down a little

19 of 100 NDX stocks closed higher on Wednesday.

68 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, REGN, GEHC, LIN, META, COST, PANW, TTD, SBUX, ADSK, ANSS, CCEP, NFLX, AVGO, KLAC, NVDA, AAPL, ADBE, CSCO, IDXX, MRVL, ROP, ROST, TXN, WDAY, ZS, CEG, TTWO, AMD, CPRT, BKNG, CDW, CSGP, LULU, ADI, CHTR, CMCSA, CRWD, ON, WBD, TEAM, ASML, HON, MAR,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 3

AMGN, VRSK, VRTX,  

Moving Below 30 DMA = 3

DDOG, NXPI, QCOM,

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