After hours Earnings in FB, AMZN, GOOGL positive initial reaction.

                   

SPY Market Forecast 85.42 Short-term bullish   Pointing up in the upper reversal zone        

   0.62   PCALL - 10 day SMA (0.75 - 1.00)            

   140.86   SKEW (120 - 135)              

                   

INTERMEDIATE TERM: Uptrend- Price above 30 &10 Wk SMA              

  6-months Sideways                

  10-days Sideways                

  3-days UP                

                   

Indices                   

  QQQ +0.52% ; SPY -0.36% ;  IWM -0.40% ; DIA -0.84%       

  TLT +0.66% at 171.11              

  VIX +2.74% at 24.76              

                   

Sectors                   

  2 sectors closed higher led by  XLK +0.56%  and  XLC +0.28%    Lower =  7      

  11            closing above 30d. SMA  and 0   closing below.

                   

Uptrend XLK, XLC, XLP, XLY, XLV, XLI, XLB               

Sideways XLU, XLRE, XLF, XLE                

Downtrend                  

                   

                   

Breath:                   

 Weakened  as  Decliners led  1021   to   1953 and  Nasdaq   Weakened  as  Decliners led 1472   to   1853   

                   

                   

NDX Leaders:                    

49 closing higher  and  54 closing Lower             

QCOM : +15.22% ;  CTSH : +6.78% ;  ORLY : +5.43%         

                   

DJIA Leaders:                    

5 closing higher  and  25 closing Lower             

PG : +2.42% ;  AAPL : +1.21% ;  HD : +0.62%         

                   

SP500 Leaders:                    

134 closing higher  and  369 closing Lower             

APA : +17.29% ;  QCOM : +15.22% ;  UPS : +14.38%         

                   

NASDAQ 100                  

                   

Nasdaq Above 30MA    =  69                

QCOM, CTSH, ORLY, LRCX, PYPL, SWKS, XLNX, AMD, DOCU, IDXX, EA, MELI, AMAT, CDNS, KLAC, NVDA, AAPL, ANSS, TTWO, DXCM, GOOGL, FAST, MU, MNST, CHKP, GOOG, ATVI, AMZN, ROST, INTU, SPLK, SNPS, CSGP, XEL, CDW, CPRT, REGN, VRSN, PEP, EXC, VRSK, NTES, COST, EXPE, JD, CMCSA, CHTR, CSCO, LULU, ILMN, SIRI, TSLA, BIIB, FISV, SBUX, DLTR, BKNG, ISRG, MXIM, CTAS, ALGN, PCAR, LBTYA, TCOM, MDLZ, LBTYK, CSX, CERN, KHC

                   

Stocks to watch on  Friday                

Nasdaq100  xsing above30   = 1                

KLAC                   

                   

Nasdaq100  xsing below30  = 5                

ADSK, AMGN, NXPI, TXN, ULTA                

                   

                   

MACD Crossover:                 

Up   5                

QCOM, LRCX, SWKS, DOCU, SPLK                

                   

Down   4                

LULU, PAYX, CERN, KHC                 

                   

                   

SETUPS                  

BF  : GOOGL, HD, SHOP, TAL, CHKP, DE, KHC, QCOM, CRWD, GDXJ            

HBO  : AAPL, ADBE, ADI, EA, FB, IBKR, TGT, TLT, TWTR, BLK, CARR, CPRT, CTSH, DOCU, PCAR          

2T  : PEP, XLNX                

MACD  : QQQ                 

CHANNEL  : ADSK, AKAM, AMZN, AXP, BAC, BIDU, C, COST, CRM, CSX, DG, DIA, DLTR, EBAY, FAS, IWM, JPM, MCD, MMM, MS, MSFT, MU, NFLX, NKE, NTAP, ORCL, SBUX, SPY, TSLA, TXN, UNH, V, WMT, XLE, ALGN, AMGN, CTAS, CTXS, GILD, MXIM, NXPI, SNPS, SPLK, BIG

BEAR  : BA, INTC                

NH  : AMD, BBY, PYPL, CDNS, FAST, LRCX, SWKS              

EPS  : AMAT, ATVI, BABA, BKNG, BYND, CAT, CSCO, JD, NVDA, SQ, TWLO, BMRN, CHTR, CVS, FISV, IDXX, ILMN, INCY, KLAC, MCHP, MELI, MNST, NKLA, NTES, TMUS, VRSK, AU, DDOG, GOLD