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2025
SPX -104.78, 5,849, higher
open, to modest pullback trading range shifted to a rapid selloff Monday afternoon
on news that tariffs on Canada, Mexico would begin on Tuesday. Monday reversed Friday’s rally as breadth weakened. Consumer Staples including chocolate and
soup along with Health Care stocks rose during Monday’s selloff.
The DJI, 43,191, -1.48%, reversed
Friday’s rally. NDX -2.20% reversed Friday’s rally, made a slightly lower low
just below three-month intermediate-term support.
SMCI: -5.39, -13.00% reversed after a higher open.
TSLA -8.33, -2.84% opened
higher, pulled back with the broad market in the afternoon.
Mega caps BRK/B, AAPL, GOOGL, META, MSFT, TSLA, AMZN, TSM, AVGO, NVDA fell
on Monday.
SPY down 10.41 at 583.77, 74.1 million
shares, above average volume,
VIX up 3.15 at 22.78
QQQ down 11.12 at 583.77
VZ, KO, JNJ, PG led the DJIA, 7 advancers, +11
ERIE, WY, HSY, CPB led the SPX, 168 advancers,
APP, MDLZ, KHC, CHTR led the NDX, 27 advancers
Up:
Down: DIA, SPY, QQQ, IWM
The SPY
MFC green line is pointed down at 33.9 and is short-term bearish. –9.2.
Four
of eleven
sectors were higher on Monday led by XLRE, XLP and XLV
Uptrend sectors: XLF, XLC, XLY, XLI,
XLV, XLP,
Neutral sectors: XLK, XLU, XLRE, XLE,
Down trend sectors: XLB,
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
27 of 100 NDX stocks closed higher on Monday.
43 NDX stocks are above their 30
DMA: CDW, ISRG, AEP, EXC, PAYX, AMGN, MELI, ADP, AZN, LIN, SBUX,
CTAS, DASH, FTNT, GILD, ORLY, ROP, VRSK, VRTX, CCEP, COST, TMUS, CSCO, XEL, ABNB,
BKNG, MDLZ, TTWO, INTC, KDP, AAPL, MNST, WBD, ADI, MCHP, KHC, TXN, PEP, EA, INTU,
CHTR, CMCSA, BIIB,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 1
BIIB,
Moving Below 30 DMA = 5
CSGP,
DXCM, FAST, REGN, WDAY,
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