SPX, NDX Close Higher...All Sectors Rise Led by Materials, Consumer Discretionary, Technology...APP, MGM, GEHC Positive EPS Reactions...After-hours: ABNB, ROHU Up...

© 2025

SPX +63.10, 6,115, gapped down and filled the gap and closed slightly lower.  The DJI, 44,711, closed +0.77%, and formed a white candle.  NDX +1.43% gapped up and closed higher on a strong trend day.

PPI report was higher than expected however, Core M/M 0.3% was in line with a 0.3% consensus, and below a prior revised of 0.4%.  /ES futures rose 12 points during the 15 minutes following the 8:30 am ET release, quite a contrast with Wednesday’s CPI reaction.

TSLA +19.43, +5.77%, channel bounce trigger, formed white candle.

Thursday EPS reactions: APP +110.43, +29.04%, MGM +6.00, +17.46%, GEHC +7.58, +9.19%,

After-hours reactions: ABNB +20.06, +14.22%, ROKU +9.55, +11.00%, PANW -10.29, -5.10%, AMAT -9.27, -5.03%,

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

SPY up 6.37 at 609.73 45.0 million shares, average volume

VIX down .79 at 15.10

QQQ up 7.60 at 535.90

NVDA, CSCO, AAPL, SHW led the DJIA, 26 advancers, +12

MGM, TAP, CZR, VTR led the SPX, 392 advancers,

APP, GEHC, INTC, ARM led the NDX, 82 advancers

Up: QQQ, IWM, SPY, DIA,

Down:

The SPY MFC green line turned up at 83.1 and is short-term bullish. +1.9.

All eleven sectors were higher on Thursday led by XLB, XLY and XLK.

Uptrend sectors: XLC, 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 a little.

3-month Intermediate Term Market Trend: Up a little

3-day Short Term Market Trend: Up a little

82 of 100 NDX stocks closed higher on Thursday.

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, MAR, CCEP, COST, TMUS, AXON, CSCO, AMAT, CPRT, IDXX, LRCX, XEL, PANW, ODFL, ABNB, BKNG, MDLZ, TTWO, ADBE, ASML, AVGO, CSX, CHTR, INTC, KDP, AAPL, GFS, NXPI, ADSK, AMZN, FAST, MNST, NVDA, SNPS, WBD, WDAY,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 8

ADSK, AMZN, FAST, MNST, NVDA, SNPS, WBD, WDAY,

Moving Below 30 DMA = 3

DDOG, LULU, TTD,

Add Comments here: