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2025
SPX +45.87, 6,345, resumed
the bull flag bounce that started Monday.
Breadth was mixed. Exchange advancers were slightly lower.
NDX +1.29%, bull
flag bounce continuation.
DJI, 44,193 +0.14%, led by strength
in AAPL, MCD, AMZN, WMT.
NVDA +1.16, +0.65%, bull
flag bounce continuation.
AVGO +8.74,
+2.98%, bull flag bounce continuation.
SHOP +27.90, +21.97%, on
a positive EPS reaction.
IPOs from last week AMBQ +21.40% and FIG
+14.21% both
closed higher.
After-hours:
DASH +22.03, +8.54%, beat,
EPS .65 vs .43 Est., beat, Rev 3.28B
vs. 3.16B Est., positive EPS reaction.
Mega caps TSLA, AAPL, AVGO, AMZN, META, BRK/B, GOOGL,NVDA rose
and TSM, MSFT fell on Wednesday.
SPY up 4.81 at 632.78, bull flag bounce continuation, 63.7 million shares, below average
volume,
VIX down 1.08 at 16.77
QQQ up 7.05 at 567.32
AAPL, WMT, AMZN, MCD led DJIA, 17 advancers, +5
ANET, AIZ, MTCH, GPN led SPX, 238 advancers,
AAPL, AMZN, TSLA PLTR led NDX, 64 advancers,
Up: QQQ, SPY, DIA,
Down: IWM,
The SPY
MFC green line is down at 76.7, SPY continued to move higher and remains above the high
of the low candle and is short-term bullish. -2.1
Six
of eleven
sectors were higher on Wednesday led by XLY, XLP and XLK.
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 sideways.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up
64 of 100 NDX stocks closed higher on Wednesday.
43 NDX stocks are above their 30
DMA: AVGO, MSFT, NVDA, AMD,
CSX, WBD, DASH, CSGP, GOOGL, AEP, SNPS, CDNS, FAST, PEP, TTD, REGN, ORLY,
PLTR, XEL, MDB, PDD, BKR, CEG, ROST, TMUS, APP, AZN, CTAS, FANG, META, EA,
VRTX, IDXX, MRVL, AXON, LIN, PCAR, AAPL, ADSK, COST, CSCO, INTU, TSLA,
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 6
AAPL, ADSK, COST, CSCO, INTU, TSLA,
Moving Below 30 DMA = 4
AMGN,
BIIB, CCEP, GILD,
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