Friday, February 14, 2025

NDX New All-time Closing High...SPX Flat, Breadth Weakens on Expiration Friday...Communication Services, Energy, Technology Leads...ABNB, ROKU Positive EPS Reactions...


© 2025


Markets are closed Monday for Washington’s Birthday/President’s Day.  Enjoy the three-day weekend.  Back Tuesday.


SPX -0.44, 6,114, flat open, narrow trading range, closed near unchanged on light volume with weaker breadth and stronger technology sector.  The DJI, 44,546, closed -0.37%, and formed a red candle.  NDX +0.38% made a new all-time closing high on a steady rising trend on expiration Friday and is a BO setup. 

Retail Sales BMO lower than expected.

TSLA -0.10, -0.03%, channel bounce pause, formed small red candle.

Friday EPS reactions: ABNB +20.38, +14.45%, ROKU +12.27, +14.14%, AMAT -15.07, -8.18%,


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


SPY down .03 at 609.70 26.9 million shares, below average volume
VIX down .33 at 14.77
QQQ up 2.25 at 538.15

NVDA, GS, CSCO, AAPL led the DJIA, 10 advancers, -16
ABNB, SMCI, WYNN, WST led the SPX, 216 advancers,
ABNB, APP, DXCM, MU led the NDX, 45 advancers

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

The SPY MFC green is up at 88 and is short-term bullish. +4.9.

Four of eleven sectors were higher on Friday led by XLC, XLE and XLK.

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

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

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


45 of 100 NDX stocks closed higher on Friday.

70 NDX stocks are above their 30 DMA:  CEG, BKR, KLAC, CDW, GEHC, ISRG, AEP, ARM, EXC, PAYX, QCOM, AMGN, MELI, META, PDD, ADP, AZN, LIN, SBUX, APP, CTAS, DASH, CRWD, FTNT, GILD, ORLY, ROP, VRSK, VRTX, ZS, CTSH, MDB, NFLX, PLTR, TEAM, CCEP, COST, TMUS, AXON, CSCO, CPRT, IDXX, LRCX, XEL, PANW, ODFL, ABNB, BKNG, MDLZ, TTWO, ADBE, ASML, AVGO, CSX, CHTR, INTC, KDP, AAPL, GFS, NXPI, ADSK, FAST, MNST, NVDA, SNPS, WBD, ADI, DXCM, MCHP, MU,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
ADI, DXCM, MCHP, MU,


Moving Below 30 DMA = 4
AMAT, AMZN, MAR, WDAY,



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