RUT, DJI, SPX and NDX Continued to Rise on Wednesday...Energy, Financial, Consumer Discretionary Led Sectors...MCHP, ON Led Both the SPX and NDX...

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SPX +20.35, 6,849, three-day consolidation after five-day rally, closed just 1.02% below its all-time high on October 29.  Breadth strengthened as advancers and advancing capital led and VIX moved lower. 

NDX +0.20%, continued its channel bounce on Wednesday.

DJI, 47,882, +0.86%, closed higher, led by GS, UNH and CAT.

NVDA -1.87, -1.03%, five-day consolidation above channel support.

AVGO -0.96, -0.25%, bull flag with dragonfly doji.

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

SPY up +2.36 at 683.89, 57.0 million shares, below average volume.

VIX down -0.51 at 16.08,

QQQ up +1.52 at 623.52

UNH, GS, MCD, AMGN led DJIA, 22 advancers, +6

MCHP, ON, VRTX, ODFL led SPX, 334 advancers,

MCHP, ON, MRVL, VRTX led NDX, 69 advancers.

Up: IWM, DIA, SPY, QQQ,

Down:

The SPY MFC green line continues to point up at 79.5, and price-action is short-term bullish. +4.6  

Nine of eleven sectors were higher on Wednesday led by XLE, XLF and XLY. 

Uptrend sectors: XLV, XLK, XLU, XLE, XLC, XLY, XLI,

Neutral sectors: XLF, XLRE, XLB,

Down trend sectors: XLP,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Sideways

69 of 100 NDX stocks closed higher on Wednesday.

62 NDX stocks are above their 30 DMA: WBD, MRVL, AMGN, AAPL, GOOGL, ROST, CSCO, ISRG, BIIB, CTSH, REGN, IDXX, MAR, AZN, BKR, FANG, MNST, GILD, ORLY, GEHC, KHC, PCAR, VRTX, ADI, AMAT, AVGO, EA, GFS, MU, CCEP, LULU, SBUX, ADSK, ASML, KDP, LRCX, MRVL, ON, PEP, TXN, VRSK, APP, DXCM, INTC, ODFL, SNPS, BKNG, CEG, COST, FTNT, KLAC, MDB, NXPI, ADP, CDNS, CSX, DASH, FAST, MCHP, QCOM, TEAM, TSLA,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 9

ADP, CDNS, CSX, DASH, FAST, MCHP, QCOM, TEAM, TSLA,

Moving Below 30 DMA = 2

AMZN, TTWO,  

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NDX, DJI, SPX Closed Higher as Breadth Strengthens and VIX Closed Lower...Technology, Industrials, Communication Services Led Sectors...

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SPX +16.74, 6,829, resumed last week’s upward momentum after Monday’s pause.  Breadth was mixed but strengthened from Monday as advancing capital was greater than declining capital and VIX moved lower.  The SPX is just 1.31% below its all-time high on October 29. 

NDX +0.84%, continued it channel bounce on Tuesday.

DJI, 47,474, +0.39%, closed lower, led by BA, CAT and GS.

NVDA +1.54, +0.86%, opened and closed higher.

AVGO -4.51, -1.17%, BO test forms bull flag.

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

SPY up +1.26 at 681.53, 62.7 million shares, below average volume.

VIX down -0.65 at 16.59,

QQQ up +4.83 at 622.00

BA, CAT, HON, CSCO led DJIA, 16 advancers, +7

BA, INTC, NXPI, MCHP, TER led SPX, 215 advancers,

MDB, INTC, NXPI, MCHP led NDX, 74 advancers.

Up: QQQ, DIA, SPY,

Down: IWM,

The SPY MFC green line continues to point up at 74.9, and price-action is short-term bullish. +6.6  

Three of eleven sectors were higher on Tuesday led by XLK, XLI and XLC. 

Uptrend sectors: XLV, XLK, XLU, XLE, XLC, XLY, XLI,

Neutral sectors: XLF, XLRE, XLB,

Down trend sectors: XLP,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up a little

74 of 100 NDX stocks closed higher on Tuesday.

55 NDX stocks are above their 30 DMA: WBD, MRVL, AMGN, AAPL, GOOGL, ROST, CSCO, ISRG, BIIB, CTSH, REGN, IDXX, MAR, AZN, BKR, FANG, MNST, GILD, ORLY, GEHC, KHC, PCAR, VRTX, ADI, AMAT, AVGO, EA, GFS, MU, CCEP, LULU, SBUX, ADSK, ASML, KDP, LRCX, MRVL, ON, PEP, TXN, VRSK, AMZN, APP, DXCM, INTC, ODFL, SNPS, TTWO, BKNG, CEG, COST, FTNT, KLAC, MDB, NXPI,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 7

BKNG, CEG, COST, FTNT, KLAC, MDB, NXPI,

Moving Below 30 DMA = 1

AEP,   

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NDX, SPX, DJI Closed Lower after the Thanksgiving Holiday...Energy, Consumer Discretionary, Technology Led Sectors...

© 2025

SPX -36.46, 6,812, after five up days the SPX pulled back Monday, reversing Friday 36-point gain.  Breadth weakened as decliners led advancers.  The SPX is just 1.56% below its all-time high on October 29. 

NDX -0.36%, paused but stayed above its 30-DMA.

DJI, 47,289, -0.90%, closed lower, led by GS, AMGN and CAT.

NVDA +2.92, +1.65%, opened lower, closed higher and above last Tuesday which was the low day.

AVGO -16.88, -4.19%, did a BO test.

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

SPY down -3.12 at 680.27, 61.0 million shares, below average volume.

VIX up +0.89 at 17.24,

QQQ down -2.08 at 617.17

DIS, NKE, NVDA, AAPL led DJIA, 9 advancers, -16

SNPS, DECK, APP, DASH, JBHT led SPX, 138 advancers,

SNPS, APP, DASH, ODFL led NDX, 35 advancers.

Up:

Down: QQQ, SPY, DIA, IWM,

The SPY MFC green line is pointed up at 68.3, and price-action is short-term bullish. +10.9  

Three of eleven sectors were higher on Monday led by XLE, XLY and XLK. 

Uptrend sectors: XLV, XLK, XLU, XLE, XLC, XLY, XLI,

Neutral sectors: XLF, XLRE, XLB,

Down trend sectors: XLP,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up a little

35 of 100 NDX stocks closed higher on Monday.

49 NDX stocks are above their 30 DMA: WBD, MRVL, AEP, AMGN, AAPL, GOOGL, ROST, CSCO, ISRG, BIIB, CTSH, REGN, IDXX, MAR, AZN, BKR, FANG, MNST, GILD, ORLY, GEHC, KHC, PCAR, VRTX, ADI, AMAT, AVGO, EA, GFS, MU, CCEP, LULU, SBUX, ADSK, ASML, KDP, LRCX, MRVL, ON, PEP, TXN, VRSK, AMZN, APP, DXCM, INTC, ODFL, SNPS, TTWO,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 3

ODFL, SNPS, TTWO,

Moving Below 30 DMA = 5

CEG, CSX, EXC, KLAC, XEL,

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