NDX, SPX Find Support after Thursday's Pause...AMZN, SNAP, PINS Soar on EPS...Discretionary, Financial Lead Sectors...

 
© 2022
 
 
SPX and NDX opened higher after a strong positive AMZN earning reaction and a stronger than expected Jobs Report which raised concerns of more aggressive tightening by the Fed. 
 
Earnings reactions: AMZN +375.88, +13.54%, SNAP +14.41, +58.82%, PINS +2.74, +11.18%, CLX -23.93, -14.47%, F -1.93, -9.7%
 
 
Earnings season:
 
Earnings Reports:
Positive reactions: AMZN, SNAP, PINS, NLOK, FTNT, AON, CBOE, BMY, TMUS, BDX, RL, HSY, GOOGL, AMD, ODFL, MTCH, HUM, HWM, ABBV, DHI, XOM, CTLT, NXPI, PHM, OTIS, V, CHTR, WY, CHD, NOW, BLL, STX, PKG, DOW, NUE, URI, AMP, MA, TSCO, RJF, GLW, MSFT, TXN, ZION, AXP, JNJ, RTX, LMT, PCAR, HAL, TRV, BKR, AA, UNP, PG, MS, WFC,
Neutral reactions: REGN, CAH, CMI, ICE, SWK, BEN, ARE, TT, CL, LYB, VLO, VRTX, CMCSA, MCD, GD, APH, MMM, IVZ, ADM, VZ, INFO, KMI, BAC, UNH, JBHT, PLD, FAST, TFC
Negative reactions: CLX, F, APD, RCL, ETN, FB, XYL, QRVO, SHOP, FTV, HON, LNC, CI, EL, MRK, LLY, COP, BIIB, PYPL, SBUX, BR, LHX, SYF, VFC, CVX, CAT, PSX, TER, TSLA, INTC, LRCX, WHR, LVS, XLNX, CCI, FFIV, BA, FCX, COF, ABT, ADP, ANTM, HES, KMB, MKTX NDAQ NSC, PGR ROL, T, TEL, NFLX, SIVB, HBAN, ISRG, PBCT, CSX, PPG, SLB, RF, MTB, NTRS, FITB, KEY, AAL, DFS, UAL, USB, STT, CFG, CMA, BK, GS, PNC, SBNY, SCHW, TFC, C, BLK, FRC, JPM
 
 
SPY up 2.10 at 448.70, on 118.4 million shares, average volume, up on similar volume.
VIX down 1.13 at 23.22
QQQ up 4.46, +1.26% at 358.01
 
 
CRM, JPM, GS, MSFT led the DJIA, 9 advancers, +4
NLOK, TTWO, TWTR, LNC, ENPH led the SPX, 213 advancers.
AMZN, DDOG, FTNT, ZS led the NDX, 58 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up:  QQQ, SPY, IWM,
Down:  DIA,  
 
Five of eleven sectors were higher on Friday, led by XLY, XLF and XLE.
 
Consumer Discretionary leaders: AMZN, ETSY, EBAY, MGM, TSLA
Financial leaders: LNC, MKTX, PRU, BAC
Energy leaders: HES, MRO, SWN, FTI
 
Advancers strengthened on Friday as decliners led 1,802 to 1,505 on the NYSE and advancers led 2,924 to 1,672 on the NASDAQ.
 
The SPY MFC green line is pointed up at 51.2 and is bullish.  SPY opened lower and closed higher on Friday. 
 
 
Uptrend sectors:  XLE, XLP, XLU,
Neutral sectors: XLF, XLI, XLB, XLRE, XLV, XLK,
Down trend sectors: XLY, XLC,
 
The 6-month intermediate trend is up.  The ten-day trend is up a little.
 
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Sideways
 
58 of 100 NDX stocks closed higher on Friday.
 
24 NDX stocks are above their 30 DMA:  VRTX, CERN, KDP, ATVI, PCAR, EXC, XEL, BKNG, INCY, AAPL, BIDU, JD, NTES, SIRI, EA, GOOGL, MDLZ, QCOM, REGN, XLNX, TMUS, AMZN, DDOG, MAR, SPLK,
 
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 4
AMZN, DDOG, MAR, SPLK,
 
Moving Below 30 DMA = 4
AEP, FISV, ODFL, PEP,

 
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NDX, SPX, IWM, DJI Open and Close Lower after FB Drops on EPS Report...TMUS Leads NDX, SPX...AMZN, SNAP, PINS Jump After-hours on EPS...

  
© 2022
 
 
SPX, DJI, and NDX opened lower after FB -85.24, -26.39% revenue miss Wednesday after the close and closed lower on Thursday.  FB lost more than $237 billion in market cap, a record one-day drop.
 
After the Close:
Positive earnings reaction: AMZN +395.34, +14.24%, SNAP +14.50, +59.18%, PINS +5.14, +20.79%
Negative earnings reaction: CLX -13.35, -8.07%
 
 
Earnings season:
Friday EPS reports from AON, APD, BMY, CBOE, ETN, RCL, REGN BMO.
 
Earnings Reports:
Positive reactions: TMUS, BDX, RL, HSY, GOOGL, AMD, ODFL, MTCH, HUM, HWM, ABBV, DHI, XOM, CTLT, NXPI, PHM, OTIS, V, CHTR, WY, CHD, NOW, BLL, STX, PKG, DOW, NUE, URI, AMP, MA, TSCO, RJF, GLW, MSFT, TXN, ZION, AXP, JNJ, RTX, LMT, PCAR, HAL, TRV, BKR, AA, UNP, PG, MS, WFC,
Neutral reactions: CAH, CMI, ICE, SWK, BEN, ARE, TT, CL, LYB, VLO, VRTX, CMCSA, MCD, GD, APH, MMM, IVZ, ADM, VZ, INFO, KMI, BAC, UNH, JBHT, PLD, FAST, TFC
Negative reactions: FB, XYL, QRVO, SHOP, FTV, HON, LNC, CI, EL, MRK, LLY, COP, BIIB, PYPL, SBUX, BR, LHX, SYF, VFC, CVX, CAT, PSX, TER, TSLA, INTC, LRCX, WHR, LVS, XLNX, CCI, FFIV, BA, FCX, COF, ABT, ADP, ANTM, HES, KMB, MKTX NDAQ NSC, PGR ROL, T, TEL, NFLX, SIVB, HBAN, ISRG, PBCT, CSX, PPG, SLB, RF, MTB, NTRS, FITB, KEY, AAL, DFS, UAL, USB, STT, CFG, CMA, BK, GS, PNC, SBNY, SCHW, TFC, C, BLK, FRC, JPM
 
 
SPY down 10.75 at 446.60, on 118.0 million shares, average volume, down on similar volume.
VIX up 2.26 at 24.35
QQQ down 14.94, -4.05% at 353.55
 
 
UNH, PG, KO, IBM led the DJIA, 5 advancers, -16
HUM, BDX, DISCA, RL led the SPX, 89 advancers.
TMUS, EXC, CHTR, ODFL led the NDX, 10 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up: 
Down:  DIA, IWM, SPY, QQQ,
 
One of eleven sectors was higher on Thursday, led by XLP, XLV and XLU.
 
Consumer Staples leaders: HSY, KR, MKC, PG
Health Care leaders: HUM, BDX, MCK, CNC
Utilities leaders: EXC, CMS, SO, FE
 
Advancers weakened on Thursday as decliners led 2,722 to 617 on the NYSE and led 3,693 to 922 on the NASDAQ.
 
The SPY MFC green line is pointed up at 48.9 and is bullish.  SPY opened lower and closed lower on Thursday. 
 
 
Uptrend sectors:  XLE, XLP, XLU,
Neutral sectors: XLF, XLI, XLB, XLRE, XLV, XLK,
Down trend sectors: XLY, XLC,
 
The 6-month intermediate trend is up.  The ten-day trend is sideways.
 
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Sideways
 
10 of 100 NDX stocks closed higher on Thursday.
 
24 NDX stocks are above their 30 DMA:  VRTX, CERN, KDP, ATVI, PCAR, EXC, XEL, BKNG, AAPL, BIDU, FISV, JD, NTES, SIRI, AEP, EA, GOOGL, MDLZ, PEP, QCOM, REGN, XLNX, ODFL, TMUS,
 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
ODFL, TMUS,
 
Moving Below 30 DMA = 7
ADI, AMGN, CTSH, INCY, PDD, SPLK, TXN,

 
 
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SPX, DJI, QQQ, Rally Day 4...GOOGL Leads Rally...Communication Services Lead Sectors...

 
 
© 2022
 
 
SPX, DJI, and NDX opened flat to higher and closed higher on Wednesday.
 
After the Close:
FB -73.95, -22.89% gapped down on a negative earnings reaction.
SHOP -55.88, -6.31% gapped down on a negative earnings reaction.
 
 
Earnings season:
Thursday EPS reports from BIIB, CAH, CI, CMI, COP, EL, HON, HSY, ICE, LLY, MRK BMO and AMZN, ATVI, CLX, F, FTNT, HIG, MCHP, PRU, SWKS AMC.
 
Earnings Reports:
Positive reactions: GOOGL, AMD, ODFL, MTCH, HUM, HWM, ABBV, DHI, XOM, CTLT, NXPI, PHM, OTIS, V, CHTR, WY, CHD, NOW, BLL, STX, PKG, DOW, NUE, URI, AMP, MA, TSCO, RJF, GLW, MSFT, TXN, ZION, AXP, JNJ, RTX, LMT, PCAR, HAL, TRV, BKR, AA, UNP, PG, MS, WFC,
Neutral reactions: SWK, BEN, ARE, TT, CL, LYB, VLO, VRTX, CMCSA, MCD, GD, APH, MMM, IVZ, ADM, VZ, INFO, KMI, BAC, UNH, JBHT, PLD, FAST, TFC
Negative reactions: PYPL, SBUX, BR, LHX, SYF, VFC, CVX, CAT, PSX, TER, TSLA, INTC, LRCX, WHR, LVS, XLNX, CCI, FFIV, BA, FCX, COF, ABT, ADP, ANTM, HES, KMB, MKTX NDAQ NSC, PGR ROL, T, TEL, NFLX, SIVB, HBAN, ISRG, PBCT, CSX, PPG, SLB, RF, MTB, NTRS, FITB, KEY, AAL, DFS, UAL, USB, STT, CFG, CMA, BK, GS, PNC, SBNY, SCHW, TFC, C, BLK, FRC, JPM
 
 
SPY up 4.40 at 457.35, on 117.3 million shares, average volume, up on lower volume.
VIX up .13 at 22.09
QQQ up 2.97, +0.81% at 368.49
 
 
TRV, UNH, PG, MSFT led the DJIA, 21 advancers, -2
PKI, MPC, EMR, MTCH led the SPX, 365 advancers.
GOOGL, QCOM, ODFL, EA led the NDX, 62 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up:  SPY, QQQ, DIA,
Down:  IWM,
 
Ten of eleven sectors were higher on Wednesday, led by XLC, XLRE and XLU.
 
Communication Services leaders: GOOGL, EA, MTCH, TTWO
Real Estate leaders: EXR, EQR, PSA, MAA,
Utilities leaders: NRG, EVRG, NI
 
Advancers weakened on Wednesday as decliners led 1,874 to 1,491 on the NYSE and led 3,035 to 1,672 on the NASDAQ.
 
The SPY MFC green line is pointed up at 43.7 and is bullish.  SPY opened higher and closed higher on Wednesday. 
 
 
Uptrend sectors:  XLE, XLP, XLU,
Neutral sectors: XLF, XLI, XLB, XLRE, XLV, XLK,
Down trend sectors: XLY, XLC,
 
The 6-month intermediate trend is up.  The ten-day trend is sideways.
 
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Up
 
62 of 100 NDX stocks closed higher on Wednesday.
 
29 NDX stocks are above their 30 DMA:  VRTX, CERN, KDP, ATVI, PCAR, EXC, XEL, AMGN, BKNG, INCY, AAPL, BIDU, FISV, JD, NTES, PDD, SIRI, SPLK, ADI, AEP, CTSH, EA, GOOGL, MDLZ, PEP, QCOM, REGN, TXN, XLNX,
 
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 11
ADI, AEP, CTSH, EA, GOOGL, MDLZ, PEP, QCOM, REGN, TXN, XLNX,
 
Moving Below 30 DMA = 2
ADBE, MAR,
 
 
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SPX, DJI, NDX Rally Day Three...Energy, Materials, Financial Lead Sectors...AMD, GOOGL Rise in after-hours...

  
© 2022

 
SPX, DJI, and NDX opened flat to slightly higher, traded in a range before closing higher on Tuesday.
 
After the Close:
GOOGL +252.12, +9.16% gapped up on a positive earnings reaction.
AMD +12.21, +10.46% gapped up on a positive earnings reaction.
 
 
Earnings season:

Wednesday EPS reports from ABBV, DHI, HUM, HWM, ODFL BMO and FB, ALGN, ALL, CTSH, LNC, MET, QCOM, TMUS AMC.

 
Earnings Reports:
Positive reactions: XOM, CTLT, NXPI, PHM, OTIS, V, CHTR, WY, CHD, NOW, BLL, STX, PKG, DOW, NUE, URI, AMP, MA, TSCO, RJF, GLW, MSFT, TXN, ZION, AXP, JNJ, RTX, LMT, PCAR, HAL, TRV, BKR, AA, UNP, PG, MS, WFC,
Neutral reactions: SWK, BEN, ARE, TT, CL, LYB, VLO, VRTX, CMCSA, MCD, GD, APH, MMM, IVZ, ADM, VZ, INFO, KMI, BAC, UNH, JBHT, PLD, FAST, TFC
Negative reactions: BR, LHX, SYF, VFC, CVX, CAT, PSX, TER, TSLA, INTC, LRCX, WHR, LVS, XLNX, CCI, FFIV, BA, FCX, COF, ABT, ADP, ANTM, HES, KMB, MKTX NDAQ NSC, PGR ROL, T, TEL, NFLX, SIVB, HBAN, ISRG, PBCT, CSX, PPG, SLB, RF, MTB, NTRS, FITB, KEY, AAL, DFS, UAL, USB, STT, CFG, CMA, BK, GS, PNC, SBNY, SCHW, TFC, C, BLK, FRC, JPM
 
 
SPY up 3.04 at 452.51, on 123.1 million shares, above average volume, up on lower volume.
VIX down 2.87 at 21.96
QQQ up 2.47, +0.68% at 365.52
 
BA, DOW, V, GS led the DJIA, 23 advancers, -2
UPS, MOS, GCI, TECH led the SPX, 421 advancers.
NFLX, SIRI, LULU, FISV led the NDX, 70 advancers.
 
The two-year trend term is up.  The one-year trend is up.
 
Up:  IWM, DIA, QQQ, SPY,
Down: 
 
Eight of eleven sectors were higher on Tuesday, led by XLE, XLB and XLF.
 
Energy leaders: XOM, MRO, FTI, HFC
Basic Materials leaders: MOS, NUE, FCX, DOW
Financial leaders: SBNY, SIVB, WFC, HBAN
 
Advancers weakened slightly on Tuesday as advancers led 2,519 to 931 on the NYSE and led 3,570 to 1,281 on the NASDAQ.
 
The SPY MFC green line is pointed up at 35.6 and is bullish.  SPY opened higher and closed higher on Tuesday. 
 
 
Uptrend sectors:  XLE, XLP, XLU,
Neutral sectors: XLF, XLI, XLB, XLRE, XLV, XLK,
Down trend sectors: XLY, XLC,
 
The 6-month intermediate trend is up.  The ten-day trend is down.
 
3-month Intermediate Term Market Trend: Down
3-day Short Term Market Trend: Up
 
70 of 100 NDX stocks closed higher on Tuesday.
 
20 NDX stocks are above their 30 DMA:  VRTX, CERN, KDP, ATVI, PCAR, EXC, XEL, AMGN, BKNG, INCY, AAPL, BIDU, FISV, JD, NTES, PDD, SIRI, SPLK, ADBE, MAR,
 
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 2
ADBE, MAR,
 
 
Moving Below 30 DMA = 4
AEP, EA, MDLZ, PEP,
 
 
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