SPX, NDX, DJI, RUT make New All-time Closing Highs...Financial, Industrials, Energy Lead Sectors...TSLA Leads NDX...

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The SPX +146.28, 5,929, gapped higher, trended up and closed at a new all-time closing high.  Breadth strengthened significantly in consumer discretionary, communication services and technology along with a large drop in VIX.

The NDX +2.74% broke out of a four-month channel to a new all-time closing high. The DJI +3.57% and RUT +5.84% also made new all-time closing highs.

TRMB +11.02, +17.88% after EPS and revenue beat and raised guidance.

HWM +12.70, +12.43% after EPS and revenue miss and adjusted guidance.

SMCI -5.00, -18.05%. releases preliminary guidance without specific time for filing annual results.

After-hours: MTCH -4.48, -11.83%. EPS beat, revenue miss, lower guidance.

CTVA -6.74, -10.92%. EPS and revenue miss, lower guidance.

102 SPX Companies report EPS this week.

SPX companies reporting on Wednesday. 18 BMO: APD, BDX, DUK, EPAM EVRG, HAL, HSY, KVUE, MRNA, PCG, RL ROK, TAP, TDG, TPR, VST, VTRS, WBD. 15 AMC:  ABNB, AKAM, ANET, AXON, CPAY, ED, EOG, EXPE, FTNT, MNST, MSI, MTD, NWSA, PODD, SOLV.

First day reaction: Q3, Thursday, (excludes Oct 22 and 23)

Positive: TRMB, CRL, HWM, CVS, JCI, SRE, AIZ, COR, PNW, DVN, PLTR, CMI, EMR, VRTX, BLDR, TRGP, DD, BR, AVB, MPC, IT, YUM, EXPD, RVTY, FOXA, WAT, CHTR, INTC, CAH, AMZN, CHD, CVX, TROW, PAYC, ETR, IP, AME, GEN, MO, COP, NCLH, XEL, BMY, BKNG, CMCSA, GDDY, WTW, SO, AWK, PH, AMGN, CLX, GRMN, SW, FMC, TECH, DAY, IEX, VMC, ABBV, ZBH, VRSK, GPN, MLM, EQT, HUM, ITW, V, GOOGL, EA, GEHC, NI, ADP, SYK, CDNS, INCY, FFIV, LDOS, ZBRA, WM, WELL, GLW, RCL, BRO, CNP, ON, DECK, DLR, RMD COF, AON, WDC, CNC, LHX CINF, TSLA, MOH, WST, CBRE, POOL, RJF, TMUS, NOW, UPS, LRCX, TYL, LH, ALGN, LVS, FTI, NOC, NFLX, ISRG, SNA, TRV, BX, MTB, STLD, DFS, PPG, UAL, SYF, USB, PLD, JBHT, ABT, OMC, WBA, SCHW, PNC, JNJ, FAST, WFC, JPM, BLK, = 122

Neutral:  O, FIS, JNPR, LYB, SPG, D, GWW, CI, SBUX, CTSH, GNRC, BWA, EQIX, K, WEC, MAA, CMS, MDLZ, OKE, EXC, EIX, HES, EXR, TEL, REG. MAS, MCD, ORLY, DTE, LKQ, DOW, PG, RF, MMC, KMI, STT, BAC, PGR, UNH = 39

Negative:  SMCI, IFF, IRM, AEP, JKHY, MCHP, MKTX, CE, WYNN, ADM, HOLX, NXPI, HSIC FANG, ES, AIG, CEG, PEG, ZTS, L, BEN, MAR, AES, AMCR, ERIE, CTRA, EMN, LNT, PPL, IR, CPT, CBOE, XOM, AAPL, VICI,  HII, EL, APTV, TFX, SMCI, MGM, IDXX, UBER, REGN, EBAY, BALL, XYL, EG, ICE, ACGL, MSFT CHRW, MET, INVH, DINO, EQR, AFL, IQV, META, KLAC, LIN, PRU, ETN, PWR, UDR, FRT, MA, MRK, PSA, ALL, VTR, KIM, QRVO, CDW, DVA, AMD, CZR, CMG, LLY, BXP, TT, FTV, KHC, OTIS, RSG, BG, CAT, FE, ESS, BIIB, CB, FSLR, SWK, F, DHI, PSX, AMT, PYPL, SBAC, MSCI, HUBB, PFE, SYY, ECL, MHK, UHS, HCA, HIG, PFG, CL, DOC, VRSN, DXCM, AJG, EW, WY, NEM, TER, CARR, ROL, TXT, IBM, TSCO, HAS, LUV, HON, KDP, VLTO, UNP, ALLE, DOV, AMP, GL, VLO, URI, SLB, AXP, FITB, ELV, CSX, TFC, CCI, EFX, HBAN, KEY, CFG, BK, DAL, DPZ = 150

Mega caps TSLA, BRK/B, NVDA, GOOGL, AMZN, MSFT rose and META, AAPL fell on Wednesday.

SPY up 14.34 at 591.04, 68.1 million shares, above average volume,

VIX down 4.22 at 16.27

QQQ up 13.37 at 505.58

GS, JPM, CAT, INTC led the DJIA, 19 advancers, -6             

DFS, SYF, TRMB, NUE led the SPX, 340 advancers

TSLA, GFS, ODFL, BKR led the NDX, 74 advancers

Up:  IWM, DIA, QQQ, SPY,

Down: 

The SPY MFC green line turned up at 43.5 and is short-term bullish, +4.1.

Eight of eleven sectors were higher on Wednesday, led by XLF, XLI and XLE. 

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

Neutral sectors: 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: Up

74 of 100 NDX stocks closed higher on Wednesday.

66 NDX stocks are above their 30 DMA:  GILD, PAYX, DASH, TTD, ADSK, CSCO, BKNG, FAST, ABNB, DDOG, TMUS, ADP, ILMN, MRVL, NVDA, LULU, TEAM, PANW, TTWO, MNST, EA, ISRG, NFLX, CMCSA, BKR, TSLA, GOOGL, ODFL, CDNS, SNPS, CHTR, VRSK, VRTX, WBD, XEL, AMZN, ANSS, CRWD, INTU, MELI, ZS, PCAR, COST, CSX, CTAS, GFS, INTC, MAR, MDB, MU, WDAY, ADBE, AMGN, AVGO, CPRT, CTSH, FANG, FTNT, HON, MSFT, ON, ORLY, PYPL, QCOM, ROP, TXN,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 15

ADBE, AMGN, AVGO, CPRT, CTSH, FANG, FTNT, HON, MSFT, ON, ORLY, PYPL, QCOM, ROP, TXN,

Moving Below 30 DMA = 4

AEP, CCEP, CSGP, SBUX,

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