SPX, NDX Closed at 3-month Highs Nearing All-time Closing High on February 19...Technology, Energy, Basic Materials Led Sectors...Afterhours: CRWD Down on EPS Reaction...

© 2025

SPX +34.43, 5,970, opened slightly higher, trended up to its highest close since February 24 and just 2.88% below its all-time closing high on February 19.

The DJI, 42,519 +0.51%, closed higher.  The NDX +0.79% followed Monday’s bullish engulfing candle with a white candle breakout to a new three-month high and closed just 2.31% below its all-time high on February 19. 

Breadth was stronger on Tuesday as advancers led decliners on the exchanges and in the indexes.  Net change advancing capital led net change declining capital in the DJI, SPX and NDX.

Tuesday Session Insight: Too many financial commentators are so general in their comments and their words that much of what they say is fluff and has no decision-making value.  Be precise in your thinking and making trading decisions based on good rules.

TSLA +1.58, +0.46%, formed an inverted hammer in bull flag pattern.

After-hours:  CRWD -30.01, -6.14%, lower on EPS reaction.

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

SPY up 3.38 at 596.09, 63.5 million shares, below average volume

VIX down .67 at 17.69,

QQQ up 4.09 at 527.30

NVDA, HD, CAT, NKE led the DJIA, 22 advancers, +3

DG, ON, FLSR, MCHP, DLTR led the SPX, 361 advancers,

ON, MCHP, MU, MSTR led the NDX, 79 advancers,

Up: IWM, QQQ, SPY, DIA,

Down:

The SPY MFC green line is pointed up at 94.6 and is short-term bullish. +0.8

Eight of eleven sectors were higher on Tuesday led by XLK, XLE and XLB. 

Uptrend sectors: XLI, XLU, XLK,

Neutral sectors:  XLC, XLY, XLF, XLP, XLRE, XLB, XLE, 

Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend:  Sideways

3-day Short Term Market Trend:  Up

79 of 100 NDX stocks closed higher on Tuesday.

79 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, PLTR, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, DXCM, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, SNPS, TSLA, TTD, PYPL, CDW, ADBE, HON, NVDA, PAYX, VRSK, ADP, AMD, CTSH, AMZN, APP, ASML, CSCO, META, MU, ON, CSX, GEHC, LULU, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, MDLZ, CCEP, BKR, ROP, FANG, QCOM, CMCSA, GFS, MSTR, NXPI, ODFL, ORLY, PCAR, ROST,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 8

CMCSA, GFS, MSTR, NXPI, ODFL, ORLY, PCAR, ROST,

Moving Below 30 DMA = 1

CHTR,

Add Comments here: