Friday, July 18, 2025

SPX, NDX Reach All-time Intraday High, Close Fractionally Lower...Utilities, Consumer Discretionary, Real Estate Led Sectors...


© 2025


SPX -0.57, 6,297, opened higher after better-than-expected Monthly Housing Starts and Permits reports.

NDX -0.07% an intra-day all-time high prior to a slight pullback. 
DJI, 44,342 -0.32%, a bull flag bounce pause day.   
Breadth weakened on Friday.

TSLA +10.24, +3.21%, channel bounce, C-pattern, bounce continuation.
AVGO -3.11, -1.09%, trading range spinning top.

RF +1.50, +6.12%, gap up horizontal breakout after a positive EPS reaction BMO.

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EPS Monday 3 SPX companies report including DPZ, ROP, VZ BMO and ARE, NXPI, STLD, WRB AMC.

Q2 First day reaction:
PositiveRF, SCHW, SNA, PEP, TRV, TSM, CTAS, CFG, JNJ, OMC, PGR, JBHT, PLD, C, FAST, = 14
Neutral: MMC, PNC, GS, BAC, BK, JPM = 6
Negative: NFLX, SLB, MMM, AXP, TFC, HBAN, ELV, ABT, GE, USB, FITB, MTB, MS, WFC, BLK, STT = 16
Bold is > +5% or -5%
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Mega caps TSLA, AMZN, GOOGL, AAPL, META, BRK/B rose and MSFT, NVDA, AVGO, TSM fell on Friday.  


TRV, IBM, AMZN, CRM led DJIA, 11 advancers, -10
IVZ, RF, VST, DELL led SPX, 255 advancers,
CEG, MRVL, TSLA, MELI led NDX, 51 advancers,

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

The SPY MFC green line is up at 93.6 and is short-term bullish. +0.5

Five of eleven sectors were higher on Friday led by XLU, XLY 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 TrendUp a little


51 of 100 NDX stocks closed higher on Friday.

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, INTC, GFS, BKNG, GEHC, MAR, ANSS, GOOGL, AEP, HON, SNPS, CDNS, FAST, PEP, AAPL, CCEP, ABNB, AMGN, TTD, VRTX, MSTR, REGN, ORLY, PLTR, KHC, XEL, ARM, FTNT, MDB, PDD, TSLA, APP, BKR, CDW, CTAS, KDP, MDLZ, PYPL, CEG, MRVL,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 2
CEG, MRVL,

Moving Below 30 DMA = 2
DXCM, NFLX,  


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