SPX, NDX Closed Higher...SPX Hits 6,100...Technology, Communication Services Lead Sectors...Earnings Season Positive Reactions...

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SPX +37.13, 6,086, gapped up, trend higher made new all-time intraday high of 6,100.81 before closing just below an all-time closing high. 

The DJI, 44,156, closed +0.30% in a bounce continuation move. 

NDX +1.33%, opened higher, trended up and closed at its highest level since Dec 17.

TSLA -8.96, -2.11%, opened lower, traded inside of Tuesday’s range.

EPS full day reactions: NFLX +84.31, +9.69%, STX +6.93, +6.84%, GEV +11.10, +2.67%, UAL -2.55, -2.31%.

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40 SPX companies report this week: Thursday BMO: ELV, FCX, GE, MKC, NTRS, UNP, Thursday AMC: CSX, ISRG, TXN

First day reaction: Q4

Positive:  NFLX, APH, STX, TDY, TEL, COF, GEV, PG, PLD, SCHW, MMM, FITB, SLB, TFC, FAST, CFG, HBAN, MS, BK, WFC, C, GS, BLK, JPM, WBA, DAL = 26

Neutral:  ABT, ADM, BAC = 3

Negative:  HAL, TXT, UAL, JNJ, KEY, DHI, JBHT, STT, RF, UNH, USB, MTB, PNC, STZ = 14

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

SPY up 3.39 at 606.44, 48.0 million shares, below average volume

VIX up .04 at 15.10,

VIX1D down .88 at 9.58,

QQQ up 6.71 at 531.51

NVDA, MSFT, TRV, PG led the DJIA, 13 advancers, -10        

NFLX, MRNA, APH, ANET led the SPX, 171 advancers,

ARM, NFLX, APP, PLTR led the NDX, 63 advancers

Up:  QQQ, SPY, DIA,

Down:  IWM,

The SPY MFC green line is pointed up at 68 and is short-term bullish. +14.4.

Two of eleven sectors were higher on Wednesday, led by XLK, XLRC and XLV.

Uptrend sectors:   XLF, XLY, XLC, XLI, XLK, XLU,

Neutral sectors:  XLE, XLRE, XLB,

Down trend sectors: XLP, XLV,

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

63 of 100 NDX stocks closed higher on Wednesday.

68 NDX stocks are above their 30 DMA:  MRVL, AVGO, GOOGL CEG, ASML, BKR, FANG, KLAC, AMAT, CDW, GEHC, ISRG, AEP, DXCM, ARM, CSCO, EXC, MU, PAYX, PCAR, QCOM, AMGN, ANSS, LRCX, MELI, META, MSTR, PDD, PYPL, SNPS, ADP, AZN, LIN, SBUX, ADI, AMZN, APP, CCEP, CDNS, CSGP, CTAS, DASH, FAST, INTC, NVDA, NXPI, ODFL, TTWO, TXN, CRWD, CSX, FTNT, GILD, IDXX, MCHP, ORLY, ROP, VRSK, VRTX, ZS, ADSK, CTSH, MDB, MSFT, NFLX, PANW, PLTR, TEAM,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 8 

ADSK, CTSH, MDB, MSFT, NFLX, PANW, PLTR, TEAM,   

Moving Below 30 DMA = 2

TSLA, XEL,

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