Tuesday, July 8, 2025

Trading Range Tuesday as SPX, NDX Mixed...Energy, Materials, Technology Led Sectors...


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SPX -4.46, 6,225, opened higher, traded in a range closed near unchanged. 

NDX +0.07% formed an inside day, closed slightly higher.

DJI, 44,240 -0.37%, opened lower, traded in a range, closed lower, formed an inside day. 

Breadth strengthened on Tuesday.

TSLA +3.87, +1.32%, bounced above Monday’s gap down high.

AVGO -2.38, -0.87%, opened higher, closed lower on Tuesday. 


SPY down 0.34 at 620.34, 59 million shares, below average volume
VIX down 0.98 at 16.81,
QQQ up 0.31 at 552.34

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

The SPY MFC green line is pointed down at 94.3 and is counter-trend defensive. -0.4

Four of eleven sectors were higher on Tuesday led by XLE, XLB, and XLK.

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


60 of 100 NDX stocks closed higher on Tuesday.

80 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, MDLZ, GFS, PYPL, BKNG, CMCSA, GEHC, MAR, PCAR, ANSS, GOOGL, AEP, BKR, HON, SNPS, CDNS, CHTR, FAST, GILD, PEP, AAPL, CCEP, LIN, TMUS, ABNB, AMGN, BIIB, CTSH, KDP, ODFL, TEAM, TTD, VRTX, MSTR, REGN, FTNT, ORLY, PLTR, PDD, CDW, FANG, KHC

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 3
CDW, FANG, KHC,


Moving Below 30 DMA = 2
EXC, MELI,



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