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The SPX +11.03, 5,554, opened
lower, reversed on a lighter volume expiration Friday and closed at its highest
level in 18 days. The VIX opened slightly
higher, reversed and closed lower.
The NDX +0.09%, opened
lower, traded in a range and closed slightly higher.
AMAT -3.93, -1.86%, reported
better-than-expected EPS and revenue Thursday after the close, but moved lower after
it issued guidance in a range.
Mega caps NVDA, GOOGL, TSLA,
AAPL rose and AMZN, MSFT, META fell on Friday.
SPY up 1.24 at 554.31, 44.4 million shares, below average volume, C-pattern BO
continuation
VIX down .43 at 14.80
QQQ up .61 at 475.03
BA, CSCO, VZ, MCD led the DJIA, 22 advancers, -4
DXCM, ULTA, TPR, WST, BBWI led the SPX, 324 advancers
TEAM, DXCM, PDD, TTWO led the NDX, 58 advancers
Up: DIA, IWM, SPY, QQQ,
Down:
Eight of eleven sectors were higher on Friday,
led by XLF, XLU and XLC.
The SPY MFC green line is
pointed up at 63.7 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
58 of 100 NDX stocks
closed higher on Friday.
59 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, CDNS, CDW, CEG, FAST, TTWO,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 5
CDNS, CDW, CEG, FAST, TTWO,
Moving Below 30 DMA = 0
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