Tuesday, March 25, 2025

NDX, SPX Close Higher...Communication Services, Consumer Discretionary, Financial Lead Sectors...Mega Caps Lift NDX...

 
© 2025


SPX +9.08, 5,776, opened slightly higher, traded in a range and formed doji.  The SPX has risen six of the past eight days and has risen 271 points from its low on March 13. 

Breadth weakened as exchange and index advancers decreased. Net change advancing capital led in both the NDX and SPX.   The VIX -0.33 fell to its lowest level in over a month.

The DJI, 42,587 +0.01%, opened modestly higher, traded in a range and closed slightly higher.  NDX +0.53% opened higher, trended up and formed a white candle.

TSLA +9.75, +3.50%, continued a five-day rally, closed above its 30 DMA on above average volume.


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


SPY up 1.38 at 575.46, 37.8 million shares, below average volume,
VIX down 0.33 at 17.15
QQQ up 2.80 at 493.46

DIS, AAPL, JPM, AMZN led the DJIA, 18 advancers, -5
IP, TSLA, FCX, FOXA, NFLX led the SPX, 216 advancers,
TTD, TSLA, CRWD, PANW, ZS led the NDX, 59 advancers

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

The SPY MFC green line pointed up to 30.7 and is short-term bullish. +4.5.

Six of eleven sectors were higher on Tuesday, led by XLC, XLY and XLF. 

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

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

3-month Intermediate Term Market Trend:  Down
3-day Short Term Market Trend Up


59 of 100 NDX stocks closed higher on Tuesday.

35 NDX stocks are above their 30 DMA: CDW, ISRG, VRTX, MDLZ, MNST, EA, KDP, PDD, INTC, CMCSA, CSGP, INTU, ORLY, FANG, AMD, MSTR, TTWO, WBD, ZS, CHTR, HON, CDNS, MELI, AXON, BKR, DASH, FAST, KLAC, NFLX, PLTR, CPRT, CRWD, PANW, ROP, TSLA,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 5
CPRT, CRWD, PANW, ROP, TSLA,  


Moving Below 30 DMA = 5
AMGN, ASML, BIIB, EXC, MU,



Add Comments here:

7 comments:

TraderBobb said...

Dave: Thanks so much for your insights and updates.

Michael Hayes said...

Dave, Thanks for all hard work in teaching everyone.
I hope your on vacation or something else along that line

Hank Hollenbaugh said...

A blast from the past. Someone used to put this in chat when Dave was running late on a Thursday session back in the day

https://youtu.be/rtDAK7Umk7A

Hank Hollenbaugh said...

If you are suspicious of the link, google cheech and Chong dave's not here

Dave Johnson said...

It's definitely a famous blast from the past. Thank you

Dave Johnson said...

TraderBobb, You're welcome...Dave

Dave Johnson said...

Michael, had to swing by Ephesus and the Parthenon...on going archeological restoration continues at both sites...Dave