Wednesday, July 9, 2025

SPX, NDX, DJI Closed Higher...Breadth Remained Positive...Utilities, Industrials, Materials Led Sectors....


© 2025


SPX +37.74, 6,263, open higher bull flag bounce, Fed Minutes Trading Range, close above the high of the following day. 

The NDX +0.72% bull flag bounced to a new intra-day high.

The DJI, 44,458 +0.49%, a bull flag bounce.   

Breadth remained positive Wednesday.

TSLA -1.93, -0.65%, paused forming a red spinning top.

AVGO +6.10, +2.24%, opened higher, closed at a new all-time high. 


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


SPY up 3.72 at 624.06, 66 million shares, below average volume
VIX down 0.87 at 15.94,
QQQ up 3.91 at 556.25


BA, MRK, CAT, NVDA led DJIA, 16 advancers,
AES, PTC, COIN, DHI led SPX, 299 advancers,
MSTR, MDB, VRTX, PLTR led NDX, 58 advancers,


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

The SPY MFC green line is flat at 94.1 and is short-term bullish. -0.2

Eight of eleven sectors were higher on Wednesday led by XLU, XLI, and XLB.

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

58 of 100 NDX stocks closed higher on Wednesday.

79 NDX stocks are above their 30 DMA: CRWD, NFLX, AXON, IDXX, TTWO, CEG, INTU, ZS, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, PANW, SBUX, QCOM, NXPI, CSGP, EA, ADSK, GFS, PYPL, BKNG, CMCSA, GEHC, MAR, PCAR, ANSS, GOOGL, AEP, BKR, HON, SNPS, CDNS, CHTR, FAST, GILD, PEP, AAPL, CCEP, LIN, ABNB, AMGN, BIIB, CTSH, KDP, ODFL, TEAM, TTD, VRTX, MSTR, REGN, FTNT, ORLY, PLTR, PDD, CDW, KHC

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 2
DXCM, EXC,


Moving Below 30 DMA = 3
FANG, MDLZ, TMUS,



Add Comments here:

No comments: