Tuesday, December 12, 2023

SPX Rises for a Fourth Day as Mega Caps Rebound...


© 2023


SPX continued to rise for a fourth day as AAPL, MSFT, AMZN, NVDA and META bounced back.

Nasdaq announced on Tuesday, per the announcement that PFE is acquiring SGEN, that SGEN will be removed from the Nasdaq 100 as part of the annual reconstitution and TTWO will be added to the index effective Dec 18.


68 of 100 NDX stocks closed higher on Tuesday.

90 NDX stocks are above their 30 DMA:  FAST, MSFT, LULU, DLTR, INTC, AEP, AMZN, CRWD, CTAS, ROST, TMUS, ADBE, ASML, DXCM, KDP, KLAC, MDLZ, MELI, SNPS, AMD, HON, QCOM, AAPL, AMAT, EA, KHC, LRCX, COST, CSGP, PCAR, PDD, WDAY, ZS, BKNG, DDOG, INTU, MAR, ADI, IDXX, ISRG, MCHP, PAYX, ABNB, CSX, CTSH, NXPI, PYPL, TMUS, TXN, XEL, ZM, JD, WBD, ADP, ENPH, PANW, EBAY, MRNA, ADSK, TEAM, ALGN, REGN, AMGN, GILD, ILMN, ON, SGEN, BIIB, EXC, WBA, AVGO, CMCSA, NFLX, MRVL, MU, ANSS, CDNS, CPRT, FTNT, GEHC, GFS, MNST, PEP, SIRI, VRSK, AZN, META, NVDA, ORLY,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 4
AZN, META, NVDA, ORLY,


Moving Below 30 DMA = 2
GOOGL, LCID,



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