Thursday, October 2, 2025

NDX, DJI, SPX Closed at New all-time Closing High...Basic Materials, Technology, Industrials Led Sectors...


© 2025


SPX +4.15, 6,715, higher open trading range black candle, closed over 6,700 for the second time, inches to an all-time closing high.  Breadth weakened on Thursday.

Government shutdown continues for a second day.

A new all-time high in an uptrend.  Dave

NDX +0.37%, a new all-time closing high. 

DJI, 46,519, +0.17%, a new all-time closing high led by strength in CAT, UNH and CRM.

NVDA +1.65, +0.88%, spinning top on breakout continuation.
AVGO +4.79, +1.44%, a gap up black candle for a second close above the high of the low day on Tuesday. 
ORCL -0.23, -0.08%, a spinning top following Wednesday’s bullish engulfing candle.


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


SPY up +0.77 at 669.22, 56.5 million shares, below average volume,
VIX up +.34 at 16.63
QQQ up +2.48 at 605.73

CAT, MMM, BA, UNH led DJIA, 14 advancers, -1
FICO, COIN, XYZ, HOOD led SPX, 276 advancers,
MSTR, GFS, AMD, INTC led NDX, 66 advancers.

Up: IWM, QQQ, DIA, SPY,   
Down:

The SPY MFC green line is pointed up at 92.7, price action is short-term bullish. +4.7

Three of eleven sectors were higher on Thursday led by XLB, XLK and XLI. 

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


66 of 100 NDX stocks closed higher on Thursday.

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, ORLY, ADBE, EA, EXC, GFS, MSFT, PCAR, AEP, CSCO, EA, VRTX, AMD, BIIB, GEHC, AMGN, ARM, AZN, MSTR, REGN, MAR, MCHP, NXPI, PYPL, SBUX, TTD,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 6
MAR, MCHP, NXPI, PYPL, SBUX, TTD,


Moving Below 30 DMA = 3
CCEP, FAST, MDLZ,



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