Tuesday, February 25, 2025

SPX, NDX Bounce at Multi-week Support...Consumer Staples, Real Estate, Health Care Lead Sectors...After-hours: SMCI Jumps 20%+ after Filing 10-K...


© 2025


SPX -28.00, 5,955, opened flat and fell to multi-week support as tech stocks continued to fall.  Volatility rose by its smallest increase in three days, and exchange advancers strengthened again.  Decliners led net change capital with declines in TSLA, MSTR, NVDA, SMCI and PLTR during Tuesday trading session.  

SMCI after-hours: +9.98, +21.87% did file their 10-K after the close today to meet the Nasdaq extension deadline and the stock jumped.

The DJI, 43,621, +0.37%, closed higher.  NDX -1.24% fell to intermediate-term support and bounced.

TSLA -27.73, -8.39%, broke support closing at a three-month low.


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


SPY down 2.97 at 594.24, 58.1 million shares, above average volume
VIX up .45 at 19.43
QQQ down 6.55 at 513.32

WMT, HD, SHW, UNH led the DJIA, 19 advancers, +2
SOLV, MOH, AMT, WBA led the SPX, 295 advancers,
ORLY, KDP, LIN, COST led the NDX, 36 advancers

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

The SPY MFC green line is pointed down at 72.8 and is counter-trend defensive. –9.8.

Five of eleven sectors were higher on Tuesday led by XLP, XLRE and XLV28.64%

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

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

3-month Intermediate Term Market Trend: Sideways
3-day Short Term Market TrendDown


36 of 100 NDX stocks closed higher on Tuesday.

53 NDX stocks are above their 30 DMA:  CDW, GEHC, ISRG, AEP, EXC, PAYX, AMGN, MELI, PDD, ADP, AZN, LIN, SBUX, CTAS, DASH, FTNT, GILD, ORLY, ROP, VRSK, VRTX, CTSH, NFLX, CCEP, COST, TMUS, CSCO, IDXX, XEL, ABNB, BKNG, MDLZ, TTWO, ADBE, CHTR, INTC, KDP, AAPL, NXPI, FAST, MNST, WBD, ADI, DXCM, MCHP, CMCSA, CSGP, KHC, TXN, PEP, REGN, EA, BIIB,

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

Moving Below 30 DMA = 5
APP, LRCX, ON, PANW, WDAY,



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