Wednesday, June 18, 2025

SPX, NDX Close Near Unchanged as Fed Leaves Rates Unchanged...Utilities, Real Estate, Technology Led Sectors...Markets Closed for Juneteenth Holiday on Thursday...


© 2025


Markets are closed on Thursday for Juneteenth Holiday and will reopen on Friday.


SPX -1.85, 5,981, opened slightly higher, traded higher during the first hour of trading, pulled back before the Fed announced rates were unchanged at 2 pm ET, traded in a volatile range during the FOMC press conference and closed near unchanged. 

The DJI, 42,171 -0.10%, closed slightly lower.  The NDX +0.00% traded in a range and was up less than one point. 

Breadth strengthened on Wednesday.

TSLA +5.70, +1.80%, traded in a range for a seventh day.

AVGO +1.89, +0.76%, another bull flag bounce pause day.


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


SPY down 0.09 at 597.44, 76.5 million shares, above average volume
VIX down 1.46 at 20.14,
QQQ down 0.09 at 528.99

GS, JPM, MRK, AXP led DJIA, 15 advancers, +11
JBL, VLO, CRWD, LMT led SPX, 236 advancers,
MRVL, DDOG, INTC, TSLA led NDX, 36 advancers,

Up: IWM,
Down: SPY, QQQ, DIA,

The SPY MFC green line is flat at 89.1 and is counter-trend defensive. -1.9

Five of eleven sectors were higher on Wednesday led by XLU, XLRE and XLK.

Uptrend sectorsXLK, XLC, XLI, XLY, XLB, XLU,
Neutral sectors: XLRE, XLF, XLP, XLE,
Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendSideways


36 of 100 NDX stocks closed higher on Wednesday.

50 NDX stocks are above their 30 DMA: COST, CRWD, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, FAST, GOOGL, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, NXPI, CSGP, FANG, PLTR, EA, GEHC, VRTX,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
GEHC, VRTX,


Moving Below 30 DMA = 2
ADSK, AZN,



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Tuesday, June 17, 2025

SPX, NDX Close Lower Giving Back Most of Monday's Gains...Mega Caps, Breadth Weaker and Volatility Rises...Energy Led Sectors...


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SPX -50.39, 5,982, opened lower and ultimately gave back about 90% of Monday’s gains as concerns of Israel / Iran conflict expanded. 

The DJI, 42,215 -0.70%, rose.  The NDX -1.00% traded lower in correlation with the concerns that the US is evaluating bombing Iran’s underground nuclear sites. 

Breadth weakened on Tuesday.

TSLA -12.78, -3.88%, bounce pause in grinder.

AVGO -2.73, -1.08%, bull flag bounce pause.

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

SPY down 5.15 at 597.53, 82.1 million shares, above average volume
VIX up 2.49 at 21.60,
QQQ down 5.21 at 529.08

CVX, V, IBM, UNH led the DJIA, 4 advancers, -17
JBL, VLO, CRWD, LMT led the SPX, 89 advancers,
CRWD, DDOG, PANW, ARM led the NDX, 14 advancers,

Up:
Down: DIA, SPY, QQQ, IWM,

The SPY MFC green line is flat at 91 and is counter-trend defensive. -3.0

One of eleven sectors was higher on Tuesday led by XLE, XLRE and XLF

Uptrend sectorsXLK, XLC, XLI, XLY, XLB, XLU,
Neutral sectors: XLRE, XLF, XLP, XLE,
Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendSideways


14 of 100 NDX stocks closed higher on Tuesday.

50 NDX stocks are above their 30 DMA: COST, CRWD, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, FAST, GOOGL, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, NXPI, CSGP, FANG, PLTR, ADSK, EA,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
INTC,


Moving Below 30 DMA = 16
ANSS, APP, BIIB, BKNG, CMCSA, CTAS, CTSH, GEHC, GFS, HON, LIN, MDLZ, PEP, PYPL, TSLA, VRTX,



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Monday, June 16, 2025

NDX, SPX Recovers from Friday Selloff...Volatility Falls as Mega Caps Rise...Communication Services, Technology, Financial Led Sectors...


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SPX +56.14, 6,033, opened higher recovering from Friday’s selloff as advancers led decliners and sectors strength broadened.  

The DJI, 42,515 +0.75%, rose.  The NDX +1.42% rose in correlation with the broad market. 

Breadth strengthened on Monday.

TSLA +3.82, +1.17%, bounce continuation.

AVGO +3.40, +1.37%, bull flag bounce.


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


SPY up 5.68 at 602.68, 79.9 million shares, above average volume
VIX down 1.71 at 19.11,
QQQ up 7.33 at 534.29

GS, NKE, AXP, CSCO led the DJIA, 21 advancers, +18
EL, AMD, MGM, COIN led the SPX, 365 advancers,
AMD, WBD, ON, MRVL led the NDX, 79 advancers,

Up: QQQ, IWM, SPY, DIA,
Down:

The SPY MFC green line is flat at 94 and is counter-trend defensive. -0.4

Eight of eleven sectors were higher on Monday led by XLC, XLK and XLF.

Uptrend sectorsXLK, XLC, XLI, XLY, XLB, XLU,
Neutral sectors: XLRE, XLF, XLP, XLE,
Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendSideways


79 of 100 NDX stocks closed higher on Monday.

65 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, HON, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, GEHC, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, NXPI, CSGP, CMCSA, FANG, PLTR, MDLZ, VRTX, TSLA, ADSK, ANSS, APP, BKNG, CTSH, EA, GFS, PEP, PYPL,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 9
ADSK, ANSS, APP, BKNG, CTSH, EA, GFS, PEP, PYPL,


Moving Below 30 DMA = 0



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Friday, June 13, 2025

SPX, NDX Closed Lower after Israel attacks Iranian Nuclear Sites...Energy Leads Sectors...TSLA Rises, AVGO Falls...


© 2025


SPX -68.29, 5,976, opened lower after Israel attacked nuclear sites in Iran   SPX did recover from overnight lows heading into the open and had a morning rally, but sold off in the afternoon to finish lower.  At the close the SPX did finish about 50 points higher than its overnight lows.

The DJI, 42,197 -1.79%, fell.  The NDX -1.29% fell in correlation with the broad market. 

Breadth weakened on Friday.

TSLA +6.20, +1.94%, bounce continuation after one-day pause.

AVGO -7.37, -2.88%, bull flag bounce pause.


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


SPY down 6.75 at 597.00, 89.5 million shares, above average volume
VIX up 2.80 at 20.82,
QQQ down 6.70 at 526.96

CVX, JNJ, MRK, VZ led the DJIA, 2 advancers, -17
ORCL, BG, HAL, APA led the SPX, 71 advancers,
FANG, TSLA, PLTR, REGN led the NDX, 10 advancers,

Up:
Down: SPY, QQQ, DIA, IWM,

The SPY MFC green line turned down at 94.4 and is counter-trend defensive. -2.8

One of eleven sectors was higher on Friday led by XLE, XLV and XLU.

Uptrend sectorsXLI, XLU, XLK, XLY, XLC, XLB,
Neutral sectors: XLF, XLP, XLRE, XLE,
Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendDown a little


10 of 100 NDX stocks closed higher on Friday.

56 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, HON, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, GEHC, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, NXPI, CSGP, CMCSA, FANG, PLTR, MDLZ, VRTX, TSLA,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 1
TSLA,


Moving Below 30 DMA = 17
ADBE, ADSK, ANSS, APP, BKNG, CDNS, CTSH, EA, GFS, INTC, MAR, PCAR, PEP, PYPL, ROP, SNPS, VRSK,



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Thursday, June 12, 2025

SPX, NDX Close Higher after Lower Open...Utilities, Technology, Health Care Led Sectors...


© 2025


SPX +23.02, 6,045, opened lower after an Air India plane crash in Ahmedabad, India involving a Boeing 787 Dreamliner, shortly after 4 am EDT this morning and a better-than-expected PPI report at 8:30 am EDT.  SPX did recover from the lower open during the first two hours of trading and traded in a jerky range for the balance of the Thursday.

“National Jerky Day on June 12 celebrates the rich history…of dried meat snacks known as jerky.”

The DJI, 42,967 +0.24%, rose.  The NDX +0.24% rose after a modest pullback on Wednesday. 

Breadth was mixed but strengthened moderately on Thursday.

TSLA -7.32, -2.24%, pullback after three-day bull flag bounce.

AVGO +3.16, +1.25%, bull flag bounce continuation.


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


SPY up 2.39 at 603.75, 64.1 million shares, average volume
VIX up .76 at 18.02,
QQQ up 1.25 at 533.66

UNH, AMGN, MRK, TRV led the DJIA, 19 advancers, +9
ORCL, NEM, CAH, VST led the SPX, 301 advancers,
DDOG, CEG, GILD, ON led the NDX, 56 advancers,

Up: SPY, QQQ, DIA,
Down: IWM,

The SPY MFC green line is UP at 97.2 and is short-term bullish. +1.4

Seven of eleven sectors were higher and one was unchanged on Thursday led by XLU, XLK and XLV

Uptrend sectorsXLI, XLU, XLK, XLY, XLC, XLB,
Neutral sectors: XLF, XLP, XLRE, XLE,
Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp a little


27 of 100 NDX stocks closed higher on Thursday.

72 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, SNPS, PYPL, ADBE, HON, NVDA, VRSK, AMD, CTSH, AMZN, APP, ASML, CSCO, META, MU, ON, CSX, GEHC, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, GFS, NXPI, CSGP, SNPS, CMCSA, FANG, PCAR, PLTR, MDLZ, VRTX, CDNS, EA, INTC, PEP, ROP,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 4
EA, INTC, PEP, ROP,


Moving Below 30 DMA = 2
TTD, TSLA,



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Wednesday, June 11, 2025

SPX, NDX Make Higher High after Better-than-Expected CPI Report, Before Closing Slightly Lower...Energy, Utilities, Health Care Lead Sectors...


© 2025


SPX -16.57, 6,022, opened higher after a better-than-expected CPI report, made a new 3-month intra-day high, before selling off after news that US State Department was preparing to order all nonessential staff from its Iraq Embassy amidst Middle East security concerns.

The DJI, 42,866 +0.00%, was unchanged.  The NDX -0.37% rose slightly to a new three-month intra-day, making a higher high before pulling back with the broad market, and making a higher low. 

Breadth was weaker on Wednesday.

TSLA +0.34, +0.10%, formed a black candle, a bounce continuation pause in a bull flag.

AVGO +8.28, +3.38%, white candle and bull flag bounce.


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


SPY down 1.72 at 601.36, 73.6 million shares, above average volume
VIX up .31 at 17.26,
QQQ down 1.80 at 532.41

UNH, IBM, GS, MMM led the DJIA, 10 advancers, -3
WBD, SBUX, FTI, GEV, DINO led the SPX, 170 advancers,
WBD, SBUX, AVGO, PLTR led the NDX, 27 advancers,

Up: DIA unchanged
Down: SPY, QQQ, IWM,

The SPY MFC green line is flat at 95.8 and is short-term bullish. -0.7

Four of eleven sectors were higher on Wednesday led by XLE, XLU and XLV

Uptrend sectorsXLI, XLU, XLK, XLY, XLC,
Neutral sectors: XLF, XLB, XLP, XLRE,
Down trend sectors: XLE, XLV,

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp a little


27 of 100 NDX stocks closed higher on Wednesday.

70 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, SNPS, TTD, PYPL, ADBE, HON, NVDA, VRSK, AMD, CTSH, AMZN, APP, ASML, CSCO, META, MU, ON, CSX, GEHC, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, GFS, NXPI, CSGP, SNPS, CMCSA, FANG, PCAR, PLTR, MDLZ, TSLA, VRTX, CDNS,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 1
CDNS,  


Moving Below 30 DMA = 10
CDW, CHTR, DXCM, INTC, MSTR, ODFL, ORLY, PAYX, PEP, ROP,



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Tuesday, June 10, 2025

SPX, NDX Closed Higher...Energy, Communication Services, Consumer Discretionary Led Sectors...


© 2025


SPX +32.93, 6,038.81, opened slightly higher, trended up and made a new three-month closing high, nearing its all-time closing high on February 19 at 6,144.

The DJI, 42,866 +0.25%, rose.  The NDX +0.66% rose slightly to a new three-month closing high. 

Breadth was stronger on Tuesday.

TSLA +17.51, +5.67%, formed a white bullish engulfing candle, a bounce continuation in a bull flag.

MDB continued to form an earnings flag on Tuesday.

AVGO +0.35, +0.14%, spinning top a BO test and bull flag setup.

Up: QQQ, SPY, IWM, DIA,
Down:

The SPY MFC green line is up at 96.5 and is short-term bullish. +0.2

Ten of eleven sectors were higher on Tuesday led by XLE, XLC and XLY. 

Uptrend sectorsXLI, XLU, XLK, XLY, XLC,
Neutral sectors: XLF, XLB, XLP, XLRE,
Down trend sectors: XLE, XLV,

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp


68 of 100 NDX stocks closed higher on Tuesday.

79 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, DXCM, KLAC, LRCX, MAR, MCHP, MDB, MSFT, SNPS, TTD, PYPL, ADBE, HON, NVDA, PAYX, VRSK, AMD, CTSH, AMZN, APP, ASML, CSCO, META, MU, ON, CSX, GEHC, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, GFS, NXPI, CSGP, ROP, SNPS, CMCSA, FANG, PCAR, PLTR, MDLZ, MSTR, ODFL, CDW, CHTR, INTC, ORLY, PEP, TSLA, VRTX,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 7
CDW, CHTR, INTC, ORLY, PEP, TSLA, VRTX,


Moving Below 30 DMA = 2
ADP, TEAM,



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Monday, June 9, 2025

SPX, NDX Close Higher, Nearing All-time February High...Consumer Discretionary, Basic Materials, Technology Lead Sectors...TSLA Forms Bullish Engulfing Pattern...


© 2025


SPX +5.52, 6,005, traded in a slightly higher range and made a new three-month closing high nearing its all-time closing high on February 19 at 6,144

The DJI, 42,761 -0.00%, closed near unchanged.  The NDX +0.17% traded in a range and rose slightly to a new three-month closing high. 

Breadth was weaker but still positive on Monday as advancers decreased on the exchanges, in the sectors and indexes.  Net change advancing capital continued to lead as institutions continued to buy.

Monday Session Insight: Remember institutions create the trend in institutionally traded stocks.  High volume, large cap stocks are institutionally traded stocks.

TSLA +13.44, +4.55%, formed a white bullish engulfing candle, making a bounce above the high of a following day, after a bullish harami in a bull flag setup.

MDB -2.91, -1.32%, continued to form an earnings flag on Monday, after a positive EPS reaction on Thursday.

AVGO -2.65, -1.07%, lower for a second day in a BO test and bull flag pattern.


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


SPY up .54 at 599.68, 53.0 million shares, below average volume
VIX up .36 at 17.16,
QQQ up .78 at 530.70

BA, AMZN, DIS, CAT led the DJIA, 13 advancers, -12
ENPH, REGN, AMD, TSLA, ON led the SPX, 267 advancers,
REGN, AMD, MSTR, TSLA led the NDX, 52 advancers,

Up: IWM, QQQ, SPY,
Down: DIA,

The SPY MFC green line is up at 96.3 and is short-term bullish. +0.1

Four of eleven sectors were higher on Monday led by XLY, XLB and XLK. 

Uptrend sectorsXLI, XLU, XLK, XLY, XLC,
Neutral sectors: XLF, XLB, XLP, XLRE,
Down trend sectors: XLE, XLV,

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp a little


52 of 100 NDX stocks closed higher on Monday.

74 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, DXCM, KLAC, LRCX, MAR, MCHP, MDB, MSFT, SNPS, TTD, PYPL, ADBE, HON, NVDA, PAYX, VRSK, ADP, AMD, CTSH, AMZN, APP, ASML, CSCO, META, MU, ON, CSX, GEHC, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, GFS, NXPI, CSGP, ROP, SNPS, CMCSA, FANG, PCAR, PLTR, MDLZ, MSTR, ODFL, TEAM,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
MDLZ, MSTR, ODFL, TEAM,


Moving Below 30 DMA = 8
CDW, COST, EA, FTNT, ISRG, MELI, ORLY, TMUS,



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Friday, June 6, 2025

SPX, NDX Make 3-month Closing Highs after Strong Jobs Report...Energy, Consumer Discretionary, Communication Services Lead All Sectors Higher...


© 2025


SPX +61.06, 6,000, gapped up after a better-than-expected Jobs Report, 139K vs 129K consensus, made a new three-month closing high and is just 2.34% from its all-time closing high on February 19 at 6,144.  Buyers reversed Thursday’s selloff as the 8-week uptrend resumed

The DJI, 42,762 +1.05%, closed higher.  The NDX +0.99% reversed Thursday’s bearish engulfing pattern with a positive gap up and made a new three-month closing high. 

Breadth was stronger on Friday on the exchanges, in the sectors and indexes.  Net change advancing capital led as institutions continued to buy and volatility dropped as more hedges were closed.

Friday Session Insight: In the broad market most of the index gains occurred in the pre-market after the positive Jobs Report at 8:30 am ET BMO.  After the open the markets held their gains trading in a range forming spinning tops.

TSLA +10.44, +3.67%, formed a black bullish harami candle in a reversal BO test on Thursday.

MDB -5.24, -2.32%, forming earnings flag on Friday, after a gap up on Thursday on a positive EPS reaction, EPS 1.00 beats 0.66 estimate.

AVGO -13.00, -5.00%, lower on negative EPS reaction as EPS 1.58 beats 1.56 estimate and revenue $15.00B beats $14.99B estimate.


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


SPY up 6.09 at 599.14, 66.5 million shares, average volume
VIX down 1.71 at 16.77,
QQQ up 5.13 at 529.92

CRM, AMZN, UNH, CVX led the DJIA, 25 advancers, +15
PLTR, MRNA, UAL, DAL, TER led the SPX, 420 advancers,
PLTR, MRVL, TSLA, GOOGL led the NDX, 87 advancers,

Up: IWM, DIA, SPY, QQQ,
Down:

The SPY MFC green line is up at 96.2 and is short-term bullish. +0.9

All eleven sectors were higher on Friday led by XLE, XLY and XLC. 

Uptrend sectorsXLI, XLU, XLK, XLY,
Neutral sectors: XLC, XLF, XLP, XLRE, XLB, XLE,
Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp a little


87 of 100 NDX stocks closed higher on Friday.

78 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, DXCM, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, SNPS, TTD, PYPL, ADBE, HON, NVDA, PAYX, VRSK, ADP, AMD, CTSH, AMZN, APP, ASML, CSCO, META, MU, ON, CSX, GEHC, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, GFS, NXPI, CSGP, FTNT, ORLY, ROP, SNPS, TMUS, CDW, CMCSA, COST, EA, FANG, PCAR, PLTR,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 7
CDW, CMCSA, COST, EA, FANG, PCAR, PLTR,


Moving Below 30 DMA = 3
LULU, MDLZ, TEAM,



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