©
2025
SPX -6.00, 6,840, traded in a daily range with a slightly
lower close just below short-term resistance on below average volume, just 1.20%
below its all-time high on October 29. Breadth
strengthened as advancers led decliners on both exchanges, advancing capital led
declining capital in the NDX and SPX, while VIX moved slightly
higher.
NDX +0.16%, continued
its channel bounce on Tuesday.
DJI, 47,560, -0.38%, closed
lower, led by JPM, AMGN and SHW.
NVDA -0.58, -0.31%, continues
to trade below the 50% level of its 6-week channel.
AVGO +5.19,
+1.29%, made a new all-time closing
high.
Mega caps AVGO, TSLA, GOOGL, TSM, AMZN, MSFT rose and AAPL, NVDA, BRK/B, LLY, META fell on Tuesday.
SPY down -0.59 at 683.04, 57.8 million shares, below average volume.
VIX up +.27 at 16.93,
QQQ up +.77 at 625.05
WMT, GS, PG, CSCO led DJIA, 11 advancers, +1
NEM, APP, APO, KKR led SPX, 215 advancers,
APP, WBD, ABNB MSTR led NDX, 49 advancers.
Up: IWM, QQQ,
Down: SPY, DIA,
The SPY
MFC green line continues to move up at 85.6, and price-action is short-term bullish.
+0.7
Five of eleven sectors
were higher on Tuesday led by XLE, XLP and XLK.
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: Sideways
49 of 100 NDX stocks closed higher on Tuesday.
53 NDX stocks are above their 30
DMA: WBD, MRVL, AAPL,
GOOGL, ROST, CSCO, BIIB, CTSH, AZN, FANG, MNST, GEHC, PCAR, VRTX, ADI, AMAT,
AVGO, EA, GFS, LULU, ADSK, ASML, KDP, LRCX, MRVL, ON, TXN, APP, DXCM, INTC, ODFL,
SNPS, BKNG, FTNT, KLAC, MDB, NXPI, ADP, CDNS, CSX, DASH, MCHP, QCOM, TEAM, TSLA,
INTU, META, TTWO, ABNB, ADBE, MU, PLTR,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
CDW,
Moving Below 30 DMA = 6
FAST,
IDXX, ISRG, MAR, ORLY, REGN,
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