Wednesday, February 19, 2025

SPX, NDX Close at New All-time High...Health Care, Staples, Energy Lead Sectors...GRMN, ADI Positive EPS Reactions...


© 2025


SPX +14.57, 6,144, another new all-time closing high, on mixed breadth.  The DJI, 44, 276, closed +0.16%, and formed a white hammer candle.  NDX +0.05% made a new all-time closing high.  Stocks rallied after FOMC minutes contained no new information.

TSLA +6.45, +1.82%, channel bounce pause, formed small red candle.

Wednesday EPS reactions: GRMN +27.15, +12.64%, ADI +21.44, +9.74%, CE -15.00, -21.46%, CDNS -26.39, -8.78%,

After-hours EPS reactions: NDSN -6.76, -3.10%,


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


SPY up 1.44 at 612.93, 31.0 million shares, below average volume
VIX down .08 at 15.27
QQQ up .15 at 539.52

MRK, UNH, VZ, JNJ led the DJIA, 18 advancers, -3
GRMN, MCHP, ADI, SMCI led the SPX, 293 advancers,
MCHP, ADI, NXPI, ON led the NDX, 57 advancers

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

The SPY MFC green is up at 94.3 and is short-term bullish. +2.9.

Nine of eleven sectors were higher on Wednesday led by XLV, XLP and XLE.

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


57 of 100 NDX stocks closed higher on Wednesday.

73 NDX stocks are above their 30 DMA:  CEG, BKR, KLAC, CDW, GEHC, ISRG, AEP, 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, CSCO, CPRT, IDXX, LRCX, XEL, PANW, ODFL, ABNB, BKNG, MDLZ, TTWO, ADBE, ASML, AVGO, CHTR, INTC, KDP, AAPL, GFS, NXPI, FAST, MNST, NVDA, WBD, ADI, DXCM, MCHP, MU, CDW, CMCSA, CSGP, KHC, MAR, WDAY, ON, TXN,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 2
ON, TXN,


Moving Below 30 DMA = 4
ARM, AXON, CSX, SNPS,



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