Friday, October 3, 2025

DJI, RUT, SPX All-time Closing High...NDX Pause Day...Utilities, Health Care, Financials Led Sectors...


© 2025


SPX +0.44, 6,715, closed over 6,700 for the third time in three days, made an intra-day high of 6,750, barely made an all-time closing high after a mid-day selloff that correlated with Fed speakers Logan and Jefferson.  Breadth was mixed but strengthened on Friday.

Government shutdown continues for a third day.

An SPX and NDX pause day in a six-month in an uptrend.  Dave

NDX -0.43%, breakout test pullback day. 

DJI, 46,758, +0.51%, a new all-time closing high led by strength in GS, CAT and UNH.

Health Care, XLV +6.88% led all sectors this week by more than double the return.

NVDA -1.27, +0.67%, pullback test after Tuesday’s breakout.
AVGO +0.19, +0.06%, a black spinning top candle. 
ORCL -2.64, -0.91%, another spinning top candle.


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


SPY down .0.01 at 669.21, 70.4 million shares, average volume,
VIX up +.02 at 16.65
QQQ down -2.55 at 603.18

UNH, TRV, CAT, JNJ led DJIA, 21 advancers, +7
HUM, CNC, CI, EBAY led SPX, 322 advancers,
CHTR, FANG, BIIB, MU led NDX, 49 advancers.

Up: IWM, DIA,  
Down: SPY, QQQ,

The SPY MFC green line is pointed up at 94.2, price action is short-term bullish. +1.5

Eight of eleven sectors were higher on Friday led by XLU, XLV and XLF. 

Uptrend sectorsXLK, XLU, XLV, XLC, XLY, XLI, XLF, XLE,
Neutral sectors: XLB, XLRE,
Down trend sectors: XLP,

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


49 of 100 NDX stocks closed higher on Friday.

59 NDX stocks are above their 30 DMA: GOOGL, PDD, BKR, APP, AAPL, MNST, MU, INTC, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, ASML, LRCX, DDOG, KLAC, DASH, WBD, ZS, MRVL, CRWD, CEG, PLTR, AMAT, FTNT, MELI, WDAY, MRVL, INTU, NVDA, CSX, FANG, XEL, ROST, CHTR, ADBE, EA, EXC, GFS, MSFT, PCAR, AEP, CSCO, EA, VRTX, AMD, BIIB, GEHC, AMGN, ARM, AZN, MSTR, REGN, MAR, MCHP, NXPI, PYPL, SBUX, TTD, MDLZ,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 1
MDLZ,


Moving Below 30 DMA = 1
ORLY, 


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