Monday, June 30, 2025

SPX, NDX All-time Closing High as Breadth Strengthened...Technology, Financials, Communication Services Led Sectors...


© 2025


SPX +31.88, 6,204, opened higher after Canada decided to rescind digital services tax, traded in a range and trended up during the last hour to close at a new All-time Closing High

The DJI, 44,094 +1.63%, made a new closing high on Monday.  The NDX +0.64% made a new all-time closing high. 

Breadth strengthened on Monday.

TSLA -5.97, -1.84%, formed an inverted hammer spinning top.

AVGO +6.30, +2.34%, closed at a new high.


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


SPY up 2.94 at 617.85, 92.4 million shares, above average volume
VIX down .27 up 0.41 at 16.73,
QQQ up 3.55 at 551.64

GS, VZ, AAPL, V led DJIA, 22 advancers, -2
HPE, FSLR, JNPR, PLTR, ORCL, MOS led SPX, 350 advancers,
MSTR, APP, PLTR, TTD led NDX, 76 advancers,

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

The SPY MFC green line is pointed up at 97 and is short-term bullish. +1.6

Eight of eleven sectors were higher on Monday led by XLK, XLF and XLC.

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

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

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


76 of 100 NDX stocks closed higher on Monday.

71 NDX stocks are above their 30 DMA: COST, CRWD, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, PANW, SBUX, QCOM, NXPI, CSGP, EA, ADSK, MDLZ, FTNT, GFS, PYPL, BKNG, CMCSA, DXCM, GEHC, MELI, MAR, PCAR, AEP, BKR, HON, SNPS, CDNS, CHTR, FAST, GILD, PEP, AAPL, CCEP, CDW, EXC, ISRG, LIN, PLTR, TMUS,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 8
AAPL, CCEP, CDW, EXC, ISRG, LIN, PLTR, TMUS,


Moving Below 30 DMA = 2
ABNB, ODFL,



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