©
2025
SPX -36.83, 6,656, a pause day after a new record high on
Monday. Breadth weakened on Tuesday buyers
lifted energy, real estate, utilities, consumer staples and health care stocks.
Tuesday
was a pause day, similar to how people inhale and exhale. Dave
NDX -0.73%, pulled
back from its new high on Monday.
DJI, 46,292 -0.19%, pulled
back slightly after hitting a new intraday high, led by weakness in AMZN, V,
MSFT and NVDA.
NVDA -5.18, -2.82%, retraced
about 62% of Monday’s rally after announcing a joint venture with OpenAI.
AVGO +0.15,
+0.04%, formed an inverted hammer in a bull flag price pattern.
Mega caps TSM, BRK/B, AVGO rose and
GOOGL, AAPL, MSFT, META, TSLA, NVDA, AMZN fell on Tuesday.
SPY down -3.63 at 663.21, 97.9 million shares, above average volume,
VIX up +.54 at 16.64
QQQ down -4.00 at 598.20
BA, UNH, MMM, JNJ led DJIA, 15 advancers, +3
HAL,
MCK, TPL, PSKY led SPX, 279 advancers,
BKR, CSX, FANG, KDP led NDX, 46 advancers.
Up:
Down: DIA, IWM, SPY, QQQ,
The SPY
MFC green line is flat at 93.7 and
is short-term bullish. -1.4
Six of eleven sectors were
higher on Tuesday led by XLE, XLRE and XLU.
Uptrend sectors: XLK, XLC, XLY, XLI,
XLF, XLB, XLE, XLU,
Neutral sectors: XLP, XLV, XLRE,
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 Trend: Up a little
46 of 100 NDX stocks closed higher on Tuesday.
51 NDX stocks are above their 30
DMA: GOOGL, ORLY, PDD, BKR,
APP, VRTX, AAPL, MNST, MU, INTC, ADI, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, ASML,
GEHC, LRCX, DDOG, KLAC, DASH, WBD, ZS, MRVL, TEAM, EA, CRWD, CEG, PLTR, AMAT,
BKNG, CDNS, FTNT, ADBE, CDW, MDLZ, MELI, ON, WDAY, AXON, CDNS, MRVL, INTU, LIN,
MSFT, AMGN, CHTR, GFS, NVDA, CSX, EXC, FANG, IDXX, XEL,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 5
CSX, EXC, FANG, IDXX, XEL,
Moving Below 30 DMA = 8
ABNB, ARM, BIIB,
MCHP, META, NFLX, REGN, TEAM,
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