Monday, July 14, 2025

NDX, SPX Close Slightly Higher...Communications Services, Financial and Real Estate Led Sectors...Earnings Season Begins Tuesday BMO with EPS from JPM, C, WFC, BK, BLK, STT...CPI Report at 8:30 am ET...


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SPX +8.81, 6,268, opened flat, continued in its 7-day trading range and closed slightly higher.  SPX seems to be waiting for the unofficial start to earnings season Tuesday morning BMO, with earnings from JPM, C, WFC, BK, BLK, STT and the CPI report at 8:30 am ET.  The trend would be likely to continue up if there are not negative surprises from the CPI and earnings.

The NDX +0.33% traded inside a 7-day range, formed a spinning top. 

The DJI, 44,459 +0.20%, 8-day trading range at Jan high, new high breakout setup. 

Breadth strengthened Monday.

TSLA +3.39, +1.08%, channel bounce continuation, C-pattern setup.
AVGO +1.22, +0.44%, HBO setup.
FAST +1.80, +4.16%, gap up after a positive EPS reaction BMO.


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


SPY up 1.19 at 624.81, 51.8 million shares, below average volume
VIX up 0.80 at 17.20,
QQQ up 2.01 at 556.21

BA, WMT, MMM, GS led DJIA, 17 advancers, +9
EQT, FTNT, GEN, EXE, PYPL led SPX, 385 advancers,
APP, ADSK, PLTR, FAST led NDX, 55 advancers,

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

The SPY MFC green line moved up at 93.9 and is short-term bullish. +1.3

Seven of eleven sectors were higher on Monday led by XLC, XLF and XLRE.

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 TrendSideways


55 of 100 NDX stocks closed higher on Monday.

68 NDX stocks are above their 30 DMA: IDXX, CEG, ADI, AMAT, AVGO, DDOG, KLAC, LRCX, MCHP, MSFT, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, SBUX, NXPI, CSGP, GFS, BKNG, GEHC, MAR, PCAR, ANSS, GOOGL, AEP, BKR, HON, SNPS, CDNS, FAST, PEP, AAPL, CCEP, LIN, ABNB, AMGN, BIIB, KDP, ODFL, TTD, VRTX, MSTR, REGN, ORLY, PLTR, PDD, CDW, KHC, EXC, XEL, AZN, CHTR, CMCSA, DXCM, GILD, MDLZ, NFLX, PYPL, TTWO,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 9
AZN, CHTR, CMCSA, DXCM, GILD, MDLZ, NFLX, PYPL, TTWO,


Moving Below 30 DMA = 4
ARM, FANG, PDD, QCOM,



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