SPX, NDX Gap Up Close Significantly Higher after U.S. - China Trade Deal...Consumer Discretionary, Technology, Industrials Lead Sectors...

© 2025

SPX +184.28, 5,844, gapped up 147 points after positive developments from trade talks between the U.S. and China.  After initial profit taking the SPX closed higher than it opened and formed a white candle after breaking out of six-week horizontal resistance.    The DJI, 42,410 +2.81%, closed lower and NDX +4.02% broke out of six-week resistance and closed significantly higher. 

Breadth strengthened in every category and was significantly stronger.

Monday Insight: Remember market prices do NOT go straight up. The trend action is thrust, pause, trend, consolidate, inhale, exhale.  An uptrend is a series of higher highs that pull back to higher lows.  Stay in flow with the market, in flow, in flow with the market.  It’s okay that it fluctuates.  Trend has a higher probability than fluctuation.  You know when the sun goes down it does come back tomorrow.

TSLA +20.12, +6.75%, closed higher.

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

SPY up 18.65 at 582.99, 78.8 million shares, below average volume

VIX down 3.51 at 18.39, lowest close since March 26

QQQ up 19.88 at 507.85

AMZN, NKE, AAPL, MRK led the DJIA, 24 advancers, +11

NRG, SWK, ZBRA, MAS led the SPX, 408 advancers,

TTD, ODFL, MCHP, LRCX led the NDX, 88 advancers,

Up: QQQ, IWM, SPY, DIA,

Down:

The SPY MFC green line is pointed up at 89.2 and is short-term bullish. +2.8

Ten of eleven sectors were higher on Monday, led by XLY, XLK and XLI. 

Uptrend sectors: 

Neutral sectors: XLU, XLP, XLRE, XLF, XLC,

Down trend sectors: XLY, XLV, XLE, XLI, XLK, XLB,

The 6-month intermediate trend is sideways.  The ten-day trend is up.

3-month Intermediate Term Market Trend:  Sideways

3-day Short Term Market Trend:  Up

88 of 100 NDX stocks closed higher on Monday.

82 NDX stocks are above their 30 DMA: CPRT, COST, CRWD, CTAS, MNST, PLTR, ROST, EA, MSTR, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, DXCM, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, PANW, SNPS, TSLA, TTD, WDAY, CHTR, PYPL, CDW, ADBE, HON, NVDA, PAYX, VRSK, ADP, AMD, CTSH, GFS, AMZN, APP, CSCO, META, MU, NXPI, PDD, ROP, ON, CSX, GEHC, LULU, QCOM, TXN, INTC, LIN, MRVL, ODFL, WBD, DASH, FANG, AAPL, BIIB, CMCSA, FAST, FTNT, GOOGL, PCAR, SBUX, TEAM,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 9

AAPL, BIIB, CMCSA, FAST, FTNT, GOOGL, PCAR, SBUX, TEAM,

Moving Below 30 DMA = 2

CCEP, XEL,

Add Comments here:

SPX Closed Lower, NDX Near Flat on Expiration Friday...Energy, Real Estate, Consumer Discretionary Lead Sectors...

© 2025

SPX -4.03, 5,659, traded in a range on expiration Friday, formed an inside day and a red spinning top near short-term horizontal resistance.    The DJI, 41,249 -0.29%, closed lower and NDX -0.01% closed near unchanged. 

Breadth weakened.  However net change advancing capital was greater than net change declining capital due primarily to large volume buying in TSLA. 

TSLA +13.44, +4.72%, closed higher.

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

SPY down 0.72 at 564.34, 37.6 million shares, below average volume

VIX down .58 at 21.90,

QQQ down 0.32 at 487.97

BA, MMM, CVS, GS led the DJIA, 13 advancers, -7

PODD, MCHP, SOLV, FSLR led the SPX, 241 advancers,

TTD, MCHP, TSLA, TXN led the NDX, 39 advancers,

Up:

Down: QQQ, SPY, IWM, DIA,

The SPY MFC green line is pointed up at 86.4 and is short-term bullish. +0.5

Six of eleven sectors were higher on Friday, led by XLE XLRE and XLY. 

Uptrend sectors: 

Neutral sectors: XLP, XLU, XLRE, XLF, XLC,

Down trend sectors: XLY, XLV, XLE, XLI, XLK, XLB,

The 6-month intermediate trend is down.  The ten-day trend is up.

3-month Intermediate Term Market Trend:  Down

3-day Short Term Market Trend:  Up a little

39 of 100 NDX stocks closed higher on Friday.

75 NDX stocks are above their 30 DMA: CPRT, CCEP, COST, CRWD, CTAS, MNST, PLTR, ROST, EA, MSTR, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, DXCM, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, PANW, SNPS, TSLA, TTD, WDAY, CHTR, PYPL, CDW, ADBE, HON, NVDA, PAYX, VRSK, XEL, ADP, AMD, CTSH, GFS, AMZN, APP, CSCO, META, MU, NXPI, PDD, ROP, ON, CSX, GEHC, LULU, QCOM, TXN, INTC, LIN, MRVL, ODFL, WBD, DASH, FANG,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 2

DASH, FANG,  

Moving Below 30 DMA = 3

FAST, MDLZ, PCAR,

Add Comments here:

SPX, NDX Close Higher as Buyers Control Thursday's Price Action...Energy, Industrial, Basic Materials Lead Sectors...After-hours: MCHP Higher, AKAM, EXPE Lower after Earnings...

© 2025

SPX +32.66, 5,663, opened higher, traded in a range and formed a doji that closed above Wednesday’s high in a bull flag bounce.    The DJI, 41,368 +0.62%, and NDX +0.98% also closed higher. 

Breadth was mixed as exchange and index advancers were mixed. However, net change advancing capital significantly increased in the DJI, SPX and NDX, while net change declining capital decreased in each index.

TSLA +8.60, +3.11%, closed higher.

After-hours: MCHP +3.81, +7.75%, moved higher and AKAM -1.54, -1.80%, EXPE -12.24, -7.24%, moved lower on earnings reactions.

Thursday session insight: To be a good trader, you don’t need to know the future or predict the future.  No one knows the future and if anyone suggests they know the future, they’re often trying to sell you something.  What you do need to know is the present.  As a technician, does the chart show an actionable price action in which your rules give you an edge?  If so, position size for a risk that is appropriate for your diversified portfolio.  If not, do nothing.

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

SPY up 3.91 at 565.06, 64.8 million shares, below average volume

VIX down 1.07 at 22.48,

QQQ up 4.99 at 488.29

BA, DIS, AXP, GS led the DJIA, 20 advancers, -4

AXON, EPAM, ENPH, PAYC led the SPX, 349 advancers,

AXON, APP, PLTR, MELI led the NDX, 73 advancers,

Up: IWM, QQQ, SPY, DIA,

Down:

The SPY MFC green line is pointed up at 85.9 and is short-term bullish. +1.4

Seven of eleven sectors were higher on Thursday, led by XLE XLI and XLB. 

Uptrend sectors: 

Neutral sectors: XLP, XLU, XLRE, XLF, XLC,

Down trend sectors: XLY, XLV, XLE, XLI, XLK, XLB,

The 6-month intermediate trend is down.  The ten-day trend is up.

3-month Intermediate Term Market Trend:  Down

3-day Short Term Market Trend:  Sideways

73 of 100 NDX stocks closed higher on Thursday.

76 NDX stocks are above their 30 DMA: CPRT, CCEP, COST, CRWD, CTAS, MNST, PLTR, ROST, EA, MSTR, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, DXCM, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, PANW, SNPS, TSLA, TTD, WDAY, CHTR, PYPL, CDW, ADBE, HON, NVDA, PAYX, VRSK, XEL, ADP, AMD, CTSH, GFS, MDLZ, AMZN, APP, CSCO, META, MU, NXPI, PDD, ROP, ON, CSX, GEHC, LULU, QCOM, TXN, FAST, INTC, LIN, MRVL, ODFL, PCAR, WBD,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 7

FAST, INTC, LIN, MRVL, ODFL, PCAR, WBD,

Moving Below 30 DMA = 4

AEP, AZN, EXC, FTNT,  

Add Comments here:

Fed Leaves Interest Rates Unchanged...SPX, NDX Close Higher on Volatile Trading Range...Technology, Consumer Discretionary, Health Care Lead Sectors...After Hours: AXON Higher, FTNT , ARM Lower on EPS Reactions...

© 2025

SPX +24.37, 5,631, opened higher, traded in a range, experienced a 2.33-point VIX range before and after the FOMC announcement of no rate change as expected.  The SPX formed a white spinning top.  The DJI, 40,829 +0.70%, and NDX +0.39% closed higher. 

Breadth strengthened as advancers led the exchanges and the indexes. Net change capital was mixed as advancing capital led the SPX and declining capital led in the NDX.

TSLA +0.87, +0.32%, closed higher.

After-hours: AXON +32.18, +5.35%, moved higher and FTNT -13.03, -12.21%, ARM -14.24, -11.47%, moved lower on earnings reactions.

Wednesday session insight: Cognitive dissonance is the state of having inconsistent thoughts, beliefs or attitudes, especially as relating to behavioral decisions and attitude change.  Paul Tudor Jones expects stocks to fall to new lows.  Bill Miller said “I think the worst is over for the market. I’m pretty confident about that.”  Miller is best known for beating the SPX 15 straight years. Confused?  Don’t be, neither of these legendary investors know the future. Trade what you see...DJ 

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

SPY up 2.35 at 561.15, 55.2 million shares, below average volume

VIX down 1.21 at 23.55,

QQQ up 1.89 at 483.30

DIS, NVDA, NKE, HON led the DJIA, 24 advancers, +16

CRL, ROK, DIS, GEN led the SPX, 359 advancers,

CDW, VRSK, QCOM, NVDA led the NDX, 73 advancers,

Up: DIA, SPY, QQQ, IWM,

Down:

The SPY MFC green line is pointed up at 84.5 and is short-term bullish. +1.5

Eight of eleven sectors were higher on Wednesday, led by XLK, XLY and XLV. 

Uptrend sectors: 

Neutral sectors: XLP, XLU, XLRE, XLF, XLC,

Down trend sectors: XLY, XLV, XLE, XLI, XLK, XLB,

The 6-month intermediate trend is down.  The ten-day trend is up.

3-month Intermediate Term Market Trend:  Down

3-day Short Term Market Trend:  Down a little

73 of 100 NDX stocks closed higher on Wednesday.

73 NDX stocks are above their 30 DMA: EXC, CPRT, CCEP, COST, CRWD, CTAS, MNST, PLTR, ROST, EA, MSTR, AEP, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, FTNT, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DDOG, DXCM, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, PANW, SNPS, TSLA, TTD, WDAY, CHTR, PYPL, CDW, ADBE, AZN, HON, NVDA, PAYX, VRSK, XEL, ADP, AMD, CTSH, GFS, MDLZ, AMZN, APP, CSCO, META, MU, NXPI, PDD, ROP, ON, CSX, GEHC, LULU, QCOM, TXN,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 5

CSX, GEHC, LULU, QCOM, TXN,

Moving Below 30 DMA = 3

DASH, GOOGL, MRVL,

Add Comments here:

SPX, NDX Close Lower...Utilities, Energy Lead Sectors...After-hours: Futures Job after News of Upcoming Meeting between U.S. and China...

© 2025

SPX -43.37, 5,606, opened lower, traded in a range, closed lower forming a doji.  The DJI, 40,829 -0.95%, and NDX -0.88% also closed lower. 

After-hours: News of a meeting between US and China later in the week, send futures sharply higher when the evening session began.

Breadth weakened in the indexes as decliners led advancers. Net change declining capital was more than eight times larger than net change advancing capital.

TSLA -4.91, -1.75%, closed lower.

Tuesday session insight: A margin of safety should be implemented in your trading skill set, your TA skill set, your options trading, in all parts of your trading process.

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

SPY down 4.71 at 558.80, 46.6 million shares, below average volume

VIX up 1.12 at 24.76,

QQQ down 4.52 at 481.41

VZ, MCD, CRM, PG led the DJIA, 8 advancers, -5

CEG, CE, LDOS, VST led the SPX, 139 advancers,

CEG, TTWO, TMUS, CHTR led the NDX, 28 advancers,

Up:

Down: SPY, QQQ, DIA, IWM,

The SPY MFC green line is pointed up at 83.1 and is short-term bullish. +1.0

Two of eleven sectors were higher on Tuesday, led by XLU, XLE and XLC. 

Uptrend sectors: 

Neutral sectors: XLP, XLU, XLRE, XLF, XLC,

Down trend sectors: XLY, XLV, XLE, XLI, XLK, XLB,

The 6-month intermediate trend is down.  The ten-day trend is up.

3-month Intermediate Term Market Trend:  Down

3-day Short Term Market Trend:  Sideways

28 of 100 NDX stocks closed higher on Tuesday.

71 NDX stocks are above their 30 DMA: EXC, CPRT, CCEP, COST, CRWD, CTAS, MNST, PLTR, ROST, EA, MSTR, AEP, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, FTNT, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DASH, DDOG, DXCM, GOOGL, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, PANW, SNPS, TSLA, TTD, WDAY, CHTR, PYPL, CDW, ADBE, AZN, HON, NVDA, PAYX, VRSK, XEL, ADP, AMD, CTSH, GFS, MDLZ, AMZN, APP, CSCO, META, MRVL, MU, NXPI, PDD, ROP, ON,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 1

ON,

Moving Below 30 DMA = 8

CSX, FAST, GEHC, LIN, LULU, REGN, TXN, VRTX,

Add Comments here:

SPX, NDX Light Volume Pause Day to Start New Week...Communication Services, Industrial Lead Sectors...After-hours: PLTR -9% Lower...

© 2025

SPX -36.29, 5,650, opened lower, sold off for 15 minutes and then rallied 48 points over the next five hours.  During the last hour SPX sold off 30 points to form a pause day and a small spinning top candle.   The DJI, 41,218 -0.24%, and NDX +1.60% also closed higher. 

Breadth weakened on the exchanges and in the indexes. Net change declining capital was four times larger than net change advancing capital.

TSLA -6.95, -2.42%, closed lower.

After hour: PLTR -11.45, -9.25%, fell after an inline earnings report.

Monday session insight: Uptrend pullbacks on light volume are usually bullish.

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

SPY down 3.25 at 563.51, 38.6 million shares, below average volume

VIX up 0.96 at 23.64,

QQQ down 2.90 at 485.93

IBM, UNH, MCD, WMT led the DJIA, 13 advancers, -11

GDDY, EQT, DAL, NEM led the SPX, 184 advancers,

TTWO, TTD, EA, CHTR led the NDX, 40 advancers,

Up:

Down: DIA, SPY, QQQ, IWM,

The SPY MFC green line is pointed up at 82.1 and is short-term bullish. +2.7

Two of eleven sectors were higher on Monday, led by XLC, XLI and XLP. 

Uptrend sectors: 

Neutral sectors: XLP, XLU, XLRE, XLF, XLC,

Down trend sectors: XLY, XLV, XLE, XLI, XLK, XLB,

The 6-month intermediate trend is down.  The ten-day trend is up.

3-month Intermediate Term Market Trend:  Down

3-day Short Term Market Trend:  Up

40 of 100 NDX stocks closed higher on Monday.

78 NDX stocks are above their 30 DMA: EXC, CPRT, CCEP, COST, CRWD, CTAS, MNST, PLTR, ROST, EA, FAST, MSTR, AEP, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, FTNT, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DASH, DDOG, DXCM, GOOGL, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, PANW, SNPS, TSLA, TTD, WDAY, CHTR, PYPL, VRTX, CDW, ADBE, AZN, HON, NVDA, PAYX, VRSK, XEL, ADP, AMD, CTSH, GFS, MDLZ, AMZN, APP, CSCO, META, MRVL, CSX, GEHC, LIN, MU, NXPI, PDD, REGN, ROP, TXN, LULU,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 1

LULU,

Moving Below 30 DMA = 3

ODFL, ON, ORLY,

Add Comments here:

SPX, NDX Close Higher after Strong Jobs Report...Financial, Industrial, Materials Led All Sectors Higher...

© 2025

SPX +82.53, 5,686, opened higher, after the Jobs Report reported 177K new jobs higher than the 130K consensus, and trended higher to close at its highest level since March 27.  The DJI, 41,317 +1.39%, and NDX +1.60% also closed higher. 

Breadth strengthened on the exchanges and in the indexes. Net change advancing capital was larger than net declining capital.

Friday session insight: No one (including you) knows the future.  You can know the present. You can know if the price action is presenting a trade opportunity, that by following your rules, gives you an edge.  Risk assessment is always important on every trade before you enter.

___________________________________________________________________

EPS Q1 on Saturday: BRK/B report.

92 total SPX companies report next week.

First day reaction: Q1

Positive: DXCM, BEN, CPT, AJG, MTD, AIG, CBOE, AES, LYV, DD, CVX, AEE, SYK, ABNB, CARR, PWR, IDXX, MSFT, HWM, KIM, META, CVS, DINO, CAH, HST, GWW, INVH, IRM, CTSH, ALGN, UDR, ICE, MAA, ALB, CHRW, STX, TT, WDC, VMC, PPG, BKNG, MLM, MDLZ, EXR, GEHC, VLTO, YUM, ADP, ESS, FICO, V, HUM, EQR, GNRC, SBAC, CDNS, HON, ZBRA, AMT, LH, AOS, ECL, PFE, CINF, SPGI, XYL, HLT, PYPL, NUE, WELL, INCY, MO, CHTR, VRSN, DLR, ABBV, GOOGL, CL, RSG,  NOW, HAS, ALLE, RMD, URI, FTI, FCX, EW, TXN, LVS, LRCX, DFS, NEM, IPG, DOW, TXT, DOV, NDAQ, CMG, CNP, RJF, MRK, VRT, APH, BA, WAB, TSLA, STLD, BSX, COF, GEV, PM, TEL, ISRG, EFX, PNR, PHM, IVZ, MMM, DGX, GE, WRB, MCO, DHR, NTRS, SYF, GPC, ELV, NFLX, DHI, HBAN STT, KEY, CSX, ABT, PLD, CF, TRV, BAC, C, GS, FAST, JPM, BLK, MS, BK, DAL = 146

Neutral: MNST, JNPR, IR, XOM, AMZN, CI, ES, ETN, EOG, AMGN, PTC, PH, D, IEX, MET, CCI, APD, KKR, EQIX, K, HSY, BIIB, PSA, APTV, MA, AWK, AVB, SO, ALL, EXC, ANSS, EBAY, DTE, PRU, CAT, REG, PPL, ITW, GLW, KO, MLM, KHC, RCL, WM, SYY, UPS, UHS, GM, FFIV, RVTY, DPZ, LYB, HIG, PSX, ROL, CMS, CBRE, AMP, BMY, LHX, FE, PCG, NEE, NSC, T, ODFL, EQT, TMO, PKG, MSCI, LMT, VZ, NVR, BX, RF, SCHW, KMI, TFC, AXP, FITB, UAL, PGR, PNC, JNJ, MTB, WFC, STZ = 87

Negative: GDDY, MSI, HOLX, AAPL, ED, APO, MHK, BDX, LLY, QCOM, FMC, TFX, CHD, VTR, BLDR, EG, BR, HUBB, MRNA, TRGP, AFL, GL, FTV, KLAC, SW, MGM, MCD, PNW, EL, BAX, VICI, AME, AMCR, HII, LIN, SMCI, CSGP, EIX, GRMN, FSLR, NCLH, OKE, SBUX, IP, CZR, HES, BXP, PEG, SWK, ACGL, NXPI, REGN, BRO, ARE, TER, PCAR, ETR, ROP, ERIE, TMUS, AON, INTC, CNC, EMN, DOC, HCA, GILD, WY, PFG, SLB, FI, LKQ, TYL, POOL, IBM, WTW, MOH, PEP, PG, CMCSA, WST, TSCO, KDP, ORLY, UNP, XEL, VLO, ENPH, LII, OTIS, BKR, MAS, GD, TDY, AVY, CB, CME, NOC, RTX, HAL, KMB, UNH, SNA, MMC, JBHT, OMC, USB, KMX = 108

___________________________________________________________________

TSLA +6.69, +2.38%, closed higher.

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

SPY up 8.29 at 566.76, 60.7 million shares, below average volume

VIX down 1.92 at 22.68,

QQQ up 7.15 at 488.83

NKE, CAT, AXP, MMM led the DJIA, 24 advancers, +9

DXCM, UAL, BEN, NCLH led the SPX, 456 advancers,

DXCM, APP, PLTR, ARM led the NDX, 89 advancers,

Up: IWM, SPY, QQQ, DIA,

Down:

The SPY MFC green line is pointed up at 79.4 and is short-term bullish. +3.4

All eleven sectors were higher on Friday, led by XLF XLI and XLB. 

Uptrend sectors: 

Neutral sectors: XLP, XLU, XLRE, XLF, XLC,

Down trend sectors: XLY, XLV, XLE, XLI, XLK, XLB,

The 6-month intermediate trend is down.  The ten-day trend is up.

3-month Intermediate Term Market Trend:  Down

3-day Short Term Market Trend:  Up

89 of 100 NDX stocks closed higher on Friday.

80 NDX stocks are above their 30 DMA: EXC, CPRT, CCEP, COST, CRWD, CTAS, MNST, PLTR, ROST, EA, FAST, MSTR, AEP, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, FTNT, INTU, ZS, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DASH, DDOG, DXCM, GOOGL, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, PANW, SNPS, TSLA, TTD, WDAY, CHTR, PYPL, VRTX, CDW, ADBE, AZN, HON, NVDA, ORLY, PAYX, VRSK, XEL, ADP, AMD, CTSH, GFS, MDLZ, ON, AMZN, APP, CSCO, META, MRVL, CSX, GEHC, LIN, MU, NXPI, ODFL, PDD, REGN, ROP, TXN,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 10

CSX, GEHC, LIN, MU, NXPI, ODFL, PDD, REGN, ROP, TXN,

Moving Below 30 DMA = 2

AAPL, TEAM,

Add Comments here:

SPX, NDX Gain on MSFT, META Positive EPS Reactions...Technology, Industrial, Consumer Discretionary Lead Sectors...After-hours: AAPL, AMZN Lower on EPS Reaction...

© 2025

SPX +35.08, 5,604, opened higher, rose another 50+ points after the ISM Mfg. Index reported 48.7 above 47.9 consensus. The SPX hit a 5,658 high before moving sideways to close below its high of the day.  The DJI, 40,752 +0.21%, and NDX +1.10% also closed higher. 

Breadth was mixed as advancers increased on the exchanges but fell in the indexes. Net change advancing capital was larger than net declining capital in the SPX, NDX and DJIA.

The Jobs Report for April will be released Friday at 8:30 am ET consensus estimate is 130K new jobs and 4.2% unemployment rate.  

Thursday session insight: Doing master chess player thinking includes considering multi-scenario outcomes and an approximate probability estimate for each scenario.  What’s more likely, what’s less likely.  In TA trend direction is more probable than fluctuation direction. 

____________________________________________________________________

EPS Q1 on Friday BMO: AME, APD, APTV, BAX, BDX, BIIB, BLDR, BR, CAH, CARR, CHD, CVS, D, DINO, DTE, EL, EXC, FTV, GWW, HII, HSY, HUBB, HWM, ICE, IDXX, IEX, IRM, K, KIM, KKR, LIN, LLY, MA, MCD, MRNA, PH, PNW, PWR,  SO, SW, TFX, TRGP report.  AMC: AAPL, ABNB, AEE, AES, AIG, AJG, AMGN, AMZN, CPT, DXCM, ED, EOG, ES, GDDY, HOLX, IR, JNPR, LYV, MHK, MNST, MSI, MTD, SYK.

184 total SPX companies report this week.

First day reaction: Q1

Positive: CARR, PWR, IDXX, MSFT, HWM, KIM, META, CVS, DINO, CAH, HST, GWW, INVH, IRM, CTSH, ALGN, UDR, ICE, MAA, ALB, CHRW, STX, TT, WDC, VMC, PPG, BKNG, MLM, MDLZ, EXR, GEHC, VLTO, YUM, ADP, ESS, FICO, V, HUM, EQR, GNRC, SBAC, CDNS, HON, ZBRA, AMT, LH, AOS, ECL, PFE, CINF, SPGI, XYL, HLT, PYPL, NUE, WELL, INCY, MO, CHTR, VRSN, DLR, ABBV, GOOGL, CL, RSG,  NOW, HAS, ALLE, RMD, URI, FTI, FCX, EW, TXN, LVS, LRCX, DFS, NEM, IPG, DOW, TXT, DOV, NDAQ, CMG, CNP, RJF, MRK, VRT, APH, BA, WAB, TSLA, STLD, BSX, COF, GEV, PM, TEL, ISRG, EFX, PNR, PHM, IVZ, MMM, DGX, GE, WRB, MCO, DHR, NTRS, SYF, GPC, ELV, NFLX, DHI, HBAN STT, KEY, CSX, ABT, PLD, CF, TRV, BAC, C, GS, FAST, JPM, BLK, MS, BK, DAL = 132

Neutral: PTC, PH, D, IEX, MET, CCI, APD, KKR, EQIX, K, HSY, BIIB, PSA, APTV, MA, AWK, AVB, SO, ALL, EXC, ANSS, EBAY, DTE, PRU, CAT, REG, PPL, ITW, GLW, KO, MLM, KHC, RCL, WM, SYY, UPS, UHS, GM, FFIV, RVTY, DPZ, LYB, HIG, PSX, ROL, CMS, CBRE, AMP, BMY, LHX, FE, PCG, NEE, NSC, T, ODFL, EQT, TMO, PKG, MSCI, LMT, VZ, NVR, BX, RF, SCHW, KMI, TFC, AXP, FITB, UAL, PGR, PNC, JNJ, MTB, WFC, STZ = 77

Negative: BDX, LLY, QCOM, FMC, TFX, CHD, VTR, BLDR, EG, BR, HUBB, MRNA, TRGP, AFL, GL, FTV, KLAC, SW, MGM, MCD, PNW, EL, BAX, VICI, AME, AMCR, HII, LIN, SMCI, CSGP, EIX, GRMN, FSLR, NCLH, OKE, SBUX, IP, CZR, HES, BXP, PEG, SWK, ACGL, NXPI, REGN, BRO, ARE, TER, PCAR, ETR, ROP, ERIE, TMUS, AON, INTC, CNC, EMN, DOC, HCA, GILD, WY, PFG, SLB, FI, LKQ, TYL, POOL, IBM, WTW, MOH, PEP, PG, CMCSA, WST, TSCO, KDP, ORLY, UNP, XEL, VLO, ENPH, LII, OTIS, BKR, MAS, GD, TDY, AVY, CB, CME, NOC, RTX, HAL, KMB, UNH, SNA, MMC, JBHT, OMC, USB, KMX = 101

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TSLA -1.64, -0.58%, closed lower.

After-hours: AMZN 6.10, -3.21%, AAPL -8.07, -3.78% on positive earnings and negative reactions.

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

SPY up 3.93 at 558.47, 63.0 million shares, below average volume

VIX down 0.10 at 24.60,

QQQ up 6.21 at 481.68

MSFT, AMZN, NVDA, CAT led the DJIA, 15 advancers, -6

CARR, PWR, HWM, ANET led the SPX, 214 advancers,

IDXX, CEG, MSFT, MRVL led the NDX, 47 advancers,

Up: QQQ, SPY, IWM, DIA,

Down:

The SPY MFC green line is pointed up at 76 and is short-term bullish. +2.5

Seven of eleven sectors were higher on Thursday, led by XLK, XLI and XLY. 

Uptrend sectors: 

Neutral sectors: XLP, XLU, XLRE, XLF, XLC,

Down trend sectors: XLY, XLV, XLE, XLI, XLK, XLB,

The 6-month intermediate trend is down.  The ten-day trend is up.

3-month Intermediate Term Market Trend:  Down

3-day Short Term Market Trend:  Up

47 of 100 NDX stocks closed higher on Thursday.

73 NDX stocks are above their 30 DMA: EXC, CPRT, CCEP, COST, CRWD, CTAS, MNST, PLTR, ROST, EA, FAST, MSTR, AEP, MELI, NFLX, ADSK, AXON, BKNG, CDNS, IDXX, TTWO, CEG, FTNT, INTU, ZS, AAPL, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DASH, DDOG, DXCM, GOOGL, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, PANW, SNPS, TEAM, TSLA, TTD, WDAY, CHTR, PYPL, VRTX, CDW, ADBE, AZN, HON, NVDA, ORLY, PAYX, VRSK, XEL, ADP, AMD, CTSH, GFS, MDLZ, ON, AMZN, APP, ASML, CSCO, META, MRVL,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 6

AMZN, APP, ASML, CSCO, META, MRVL,

Moving Below 30 DMA = 3

KDP, LIN, QCOM,

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