Thursday, July 17, 2025

SPX, NDX All-time Closing High...Financial, Consumer Staples, Industrials Led Sectors...


© 2025


SPX +33.66, 6,297, opened higher after better-than-expected Monthly Retail Sales and Jobless Claims reports and closed at new all-time high.

NDX +0.76% an all-time closing high. 
DJI, 44,484 +0.52%, a bull flag bounce nearing horizontal resistance break out to a new all-time high.   
Breadth strengthened on Thursday.


TSLA -0.13, -0.05%, channel bounce, C-pattern break out.
AVGO +5.64, +2.01%, trading range spinning top.

PEP +10.09, +7.45%, gap up reversal break out after a positive EPS reaction BMO.













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EPS Friday 7 SPX companies report including AXP, HBAN, MMM, RF, SCHW, SLB, TFC BMO.

Q2 First day reaction:
Positive: SNA, PEP, TRV, TSM, CTAS, CFG, JNJ, OMC, PGR, JBHT, PLD, C, FAST, = 12
Neutral: MMC, PNC, GS, BAC, BK, JPM = 6
Negative: ELV, ABT, GE, USB, FITB, MTB, MS, WFC, BLK, STT = 10
Bold is > +5% or -5%
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Mega caps TSM, AVGO, MSFT, NVDA, BRK/B, GOOGL, AMZN rose and AAPL, META, TSLA fell on Thursday. 


SPY up 3.82 at 628.04, all-time high, 68.8 million shares, below average volume
VIX down .64 at 16.52,
QQQ up 4.51 at 561.80

TRV, DIS, KO, JPM led DJIA, 21 advancers, +2
SNA, ALB, PEP, ALLE led SPX, 372 advancers,
PEP, MDB, CSX, CTAS led NDX, 73 advancers,

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

The SPY MFC green line is up at 93.1 and is short-term bullish. +0.2

Nine of eleven sectors were higher on Thursday led by XLF, XLP and XLI.

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 a little


73 of 100 NDX stocks closed higher on Thursday.

59 NDX stocks are above their 30 DMA: ADI, AMAT, AVGO, DDOG, KLAC, LRCX, MCHP, MSFT, NVDA, AMD, AMZN, CSCO, ON, CSX, TXN, WBD, DASH, SBUX, NXPI, CSGP, GFS, BKNG, GEHC, MAR, ANSS, GOOGL, AEP, HON, SNPS, CDNS, FAST, PEP, AAPL, CCEP, ABNB, AMGN, TTD, VRTX, MSTR, REGN, ORLY, PLTR, PDD, KHC, XEL, ARM, FTNT, MDB, PDD, TSLA, APP, BKR, CDW, CTAS, DXCM, KDP, MDLZ, NFLX, PYPL,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 9
APP, BKR, CDW, CTAS, DXCM, KDP, MDLZ, NFLX, PYPL,

Moving Below 30 DMA = 2
PCAR, TTWO,  


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