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The SPX +30.26, 5,626, opened slightly higher, trended up, to close at its highest
level in September. VIX opened
lower and closed lower.
The NDX +0.47%, opened flat, trended up and closed higher for a fifth day on a
bounce continuation move.
ADBE -49.68, -8.47%, gapped down after an earnings and
revenue beat, but Q4 guidance was below expectations.
Mega caps GOOGL, MSFT, TSLA rose
NVDA, AAPL, META, AMZN, BRK/B fell on Friday.
SPY up 2.92 at 562.01, 39.2 million
shares, below average volume
VIX down .51 at 16.56
QQQ up 2.12 at 475.34
CAT, TRV, INTC, AXP led the DJIA, 24 advancers, +1
WBD, ETSY, ALGN, UBER led the SPX, 417 advancers
WBD, ARM, MU, ON, SMCI led the NDX, 72 advancers
Up: IWM, DIA, SPY, QQQ,
Down:
All eleven sectors were higher for the
second straight day on Friday, led by XLU, XLI and XLC.
The SPY MFC green line is
pointed up at 81.3 and is short-term bullish. +8
Uptrend sectors: XLV, XLP,
XLRE, XLU, XLF, XLI, XLY, XLC, XLB, XLK,
Neutral sectors:
Down trend sectors: XLE,
The 6-month intermediate
trend is up. The ten-day trend is up a little.
3-month Intermediate Term Market
Trend: Up
3-day Short Term Market Trend: Up
72 of 100 NDX stocks
closed higher on Friday.
71 NDX stocks are above their 30
DMA: CTAS,
GILD, AEP, CTSH, ADP, PAYX, EXC, XEL, MDLZ, KDP, PYPL, DASH, MELI, ISRG, FTNT, GEHC,
COST, PANW, TTD, SBUX, ADSK, CCEP, NFLX, CSCO, MRVL, ROP, ROST, WDAY, TTWO, BKNG,
CSGP, TEAM, MAR, VRSK, MDB, PEP, MNST, AMZN, FAST, IDXX, LIN, PCAR, TMUS, TSLA,
AMD, AMGN, ARM, INTU, MSFT, AAPL, ADI, ANSS, AVGO, CEG, CRWD, HON, LULU, NVDA, CDNS,
CDW, META, PCAR, VRTX, WBD, ABNB, CMCSA, ILMN, KHC, ORLY, QCOM, TXN,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 7
ABNB, CMCSA, ILMN, KHC, ORLY, QCOM, TXN,
Moving Below 30 DMA = 2
ADBE, REGN,
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