NDX New All-time Closing High, SPX Slightly Lower...Utilities, Consumer Staples, Materials Led Sectors...After-hours: EXPE Up on Positive EPS Reaction...

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SPX -5.06, 6,340, continued its bull flag bounce in a trading range candle that made a higher high and a higher low, before closing slightly on Thursday. 

Breadth was slightly weaker.  Exchange advancers and sectors were slightly lower.

NDX +0.32%, bull flag bounce continuation with a new all-time closing high.  Many market observers may have focused on the broad market pullback and not the new closing high. 

DJI, 43,968 -0.51%, led by weakness in CAT, CRM, V, GS.    

NVDA +1.35, +0.75%, bull flag bounce continuation.

AVGO +2.09, +0.69%, bull flag bounce continuation.

IPOs from last week AMBQ -5.49% and FIG -13.37% both closed lower.

After-hours:

EXPE +31.71, +16.90%, beat, EPS 4.24 vs 3.90 Est., beat, Rev 3.78B vs. 3.701 Est., positive EPS reaction.

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

SPY down .53 at 632.25, bull flag bounce pause, 74.0 million shares, average volume,

VIX down 0.20 at 16.57

QQQ up 1.95 at 569.27

AAPL, VZ, KO, MRK led DJIA, 14 advancers, -3

PODD, BDX, ZBH, APA led SPX, 246 advancers,

APP, AMD, DASH, MSTR led NDX, 47 advancers,

Up: QQQ,

Down: SPY, IWM, DIA,

The SPY MFC green line is down at 75.5, SPY continued to move higher and remains above the high of the low candle and is short-term bullish. -1.2

Five of eleven sectors were higher on Thursday led by XLU, XLP and XLB.

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

Neutral sectors: XLP, XLE, XLV,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up a little

47 of 100 NDX stocks closed higher on Thursday.

42 NDX stocks are above their 30 DMA: AVGO, MSFT, NVDA, AMD, CSX, DASH, CSGP, GOOGL, AEP, SNPS, CDNS, FAST, PEP, TTD, REGN, ORLY, PLTR, XEL, MDB, PDD, BKR, CEG, ROST, TMUS, APP, AZN, CTAS, META, EA, VRTX, IDXX, MRVL, AXON, LIN, AAPL, COST, CSCO, TSLA, KDP, KHC, LRCX, MNST,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 4

KDP, KHC, LRCX, MNST,   

Moving Below 30 DMA = 5

ADSK, FANG, INTU, PCAR, WBD,

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