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2025
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 sectors: XLK, 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 Trend: Sideways
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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