Friday, June 13, 2025

SPX, NDX Closed Lower after Israel attacks Iranian Nuclear Sites...Energy Leads Sectors...TSLA Rises, AVGO Falls...


© 2025


SPX -68.29, 5,976, opened lower after Israel attacked nuclear sites in Iran   SPX did recover from overnight lows heading into the open and had a morning rally, but sold off in the afternoon to finish lower.  At the close the SPX did finish about 50 points higher than its overnight lows.

The DJI, 42,197 -1.79%, fell.  The NDX -1.29% fell in correlation with the broad market. 

Breadth weakened on Friday.

TSLA +6.20, +1.94%, bounce continuation after one-day pause.

AVGO -7.37, -2.88%, bull flag bounce pause.


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


SPY down 6.75 at 597.00, 89.5 million shares, above average volume
VIX up 2.80 at 20.82,
QQQ down 6.70 at 526.96

CVX, JNJ, MRK, VZ led the DJIA, 2 advancers, -17
ORCL, BG, HAL, APA led the SPX, 71 advancers,
FANG, TSLA, PLTR, REGN led the NDX, 10 advancers,

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

The SPY MFC green line turned down at 94.4 and is counter-trend defensive. -2.8

One of eleven sectors was higher on Friday led by XLE, XLV and XLU.

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

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendDown a little


10 of 100 NDX stocks closed higher on Friday.

56 NDX stocks are above their 30 DMA: COST, CRWD, CTAS, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, HON, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, GEHC, TXN, MRVL, WBD, DASH, BIIB, FAST, GOOGL, LIN, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, NXPI, CSGP, CMCSA, FANG, PLTR, MDLZ, VRTX, TSLA,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 1
TSLA,


Moving Below 30 DMA = 17
ADBE, ADSK, ANSS, APP, BKNG, CDNS, CTSH, EA, GFS, INTC, MAR, PCAR, PEP, PYPL, ROP, SNPS, VRSK,



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