SPX, NDX Close Slightly Higher...Technology Leads, Consumer Staples Lag...After-hours: CRM, NVDA Lower...

© 2025

SPX +0.81, 5,956, opened slightly higher, trended up, reversed and closed flat.  Volatility pulled back modestly.   Nasdaq exchange advancers increased 47% as technology led sectors.  The DJI, 43,433, -0.43% closed lower.  NDX -0.09% traded in a range above intermediate-term support.

Wednesday EPS reactions: AXON +75.75, +15.25%, INTU +69.88, +12.58%, WDAY +55.87, +6.22% led the SPX with positive reactions.

SMCI: +5.57, +12.23% did file their 10-K on Tuesday to meet Nasdaq extension deadline.

TSLA -12.00, -3.96%, at support, formed small red candle, potential break of support setup.

After-hours EPS reactions: CRM -16.85, -5.48%, NVDA -1.96, -1.49%,

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

SPY up .30 at 594.54, 43.2 million shares, near average volume

VIX down .33 at 19.10

QQQ up 1.24 at 514.56

NVDA, SHW, DIS, AXP led the DJIA, 11 advancers, -8

AXON, INTU, SMCI, NRG led the SPX, 196 advancers,

AXON, INTU, WDAY, AVGO led the NDX, 46 advancers

Up: QQQ, IWM, SPY,

Down: DIA,

The SPY MFC green line is pointed down at 63.1 and is counter-trend defensive. –9.7.

Three of eleven sectors were higher on Wednesday led by XLK, XLU and XLI. 

Uptrend sectors: XLC, 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 Trend: Down a little

46 of 100 NDX stocks closed higher on Wednesday.

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, INTC, KDP, AAPL, NXPI, MNST, WBD, ADI, DXCM, MCHP, CSGP, KHC, TXN, PEP, REGN, EA, ASML, INTU, MU, PANW, WDAY,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 5

ASML, INTU, MU, PANW, WDAY,  

Moving Below 30 DMA = 5

ADBE, BIIB, CHTR, CMCSA, FAST,

Add Comments here: