©
2025
SPX +7.40, 6,857, four-day consolidation after five-day
rally, touched Nov 12 high before pausing and closed just .77% below its
all-time high on October 29. Breadth weakened
and remained positive as advancing capital was greater than declining capital
and VIX closed lower again.
NDX -0.10%, paused
in its channel bounce on Thursday.
DJI, 47,850, -0.07%, closed
slightly lower, led by UNH, AMGN and HD.
NVDA +3.79, +2.11%, six-day
consolidation, highest close above channel support.
AVGO +0.96,
+0.11%, bull flag modest bounce
still needs to move above the low day.
Mega caps META, NVDA, TSLA, MSFT, AVGO rose and BRK/B, GOOGL, TSM, AAPL, AMZN, LLY fell on Thursday.
SPY up +0.50 at 684.39, 61.4 million shares, below average volume.
VIX down -0.30 at 15.78,
QQQ down -0.58 at 622.94
CRM, NVDA, IBM, VZ led DJIA, 14 advancers, -8
DG, SNDK, GEV, DELL led SPX, 249 advancers,
META, APP, FTNT, INTU led NDX, 38 advancers.
Up: IWM, SPY,
Down: DIA, QQQ,
The SPY
MFC green line continues to point up at 81.9, and price-action is short-term bullish.
+2.4
Five of eleven sectors
were higher on Thursday led by XLC, XLI and XLE.
Uptrend sectors: XLV, XLK, XLU,
XLE, XLC, XLY, XLI,
Neutral sectors: XLF, XLRE, XLB,
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 Trend: Up a little
38 of 100 NDX stocks closed higher on Thursday.
62 NDX stocks are above their 30
DMA: WBD, MRVL, AMGN, AAPL,
GOOGL, ROST, CSCO, ISRG, BIIB, CTSH, REGN, IDXX, MAR, AZN, BKR, FANG,
MNST, ORLY, GEHC, PCAR, VRTX, ADI, AMAT, AVGO, EA, GFS, CCEP, LULU, SBUX, ADSK,
ASML, KDP, LRCX, MRVL, ON, PEP, TXN, VRSK, APP, DXCM, INTC, ODFL, SNPS, BKNG,
CEG, FTNT, KLAC, MDB, NXPI, ADP, CDNS, CSX, DASH, FAST, MCHP, QCOM, TEAM, TSLA,
INTU, MELI, META, TTWO,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 4
INTU, MELI, META,
TTWO,
Moving Below 30 DMA = 4
COST,
GILD, KHC, MU,
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