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The SPX +14.53, 5,375, opened slightly lower, traded in a range and closed at a new
all-time closing high. The NDX +0.71%
also opened lower, reversed and made a new all-time closing high.
Breadth weakened on Tuesday.
NVDA -0.88, -0.72%, 120.91,
opened flat, traded in a range and closed slightly lower.
The CPI report Wednesday BMO, the
FOMC announcement Wed at 2 pm ET and press conference at 2:30
pm ET.
Mega caps AAPL, META, MSFT,
GOOGL, AMZN rose and NVDA, TSLA fell on Tuesday.
SPY up 1.29 at 536.95 on 36.3 million
shares, below average volume.
VIX up 0.11 at 12.85
QQQ up 3.12 at 468.02
AAPL, MSFT, HD, MMM led the DJIA, 12 advancers, -5
AAPL, FSLR, FMC, VST, SWKS, WST led the SPX, 180 advancers
AAPL, CRWD, ORLY, ILMN, ZS, CEG led the NDX, 47 advancers
Up: QQQ, SPY,
Down: IWM, DIA,
Two of eleven sectors were higher on Tuesday, led by XLK,
XLC and XLB.
The SPY
MFC green line is pointed up at 97.4 and is short-term bullish.
Uptrend sectors: XLU, XLP,
XLC, XLK, XLI, XLF, XLB, XLE,
Neutral sectors: XLY, XLV, XLRE,
Down trend sectors:
The 6-month intermediate
trend is up. The ten-day trend is up.
3-month Intermediate Term Market
Trend: Up
3-day Short Term Market Trend: Up a little
47 of 100 NDX stocks
closed higher on Tuesday.
60 NDX stocks are above their 30
DMA: AZN,
GOOGL, PDD, MRNA, TXN, NXPI, TSLA, COST, TTD, VRSK, AAPL, ADI, ON, QCOM, REGN, AMAT,
BKNG, KLAC, NVDA, FANG, NFLX, SNPS, VRTX, ISRG, CHTR, MU, TMUS, TTWO, EA, CDW, ROST,
BIIB, HON, WBD, CCEP, CMCSA, META, ROP, SBUX, MSFT, AVGO, CRWD, LIN, LRCX, ZS, ADP,
AMZN, ILMN, PYPL, CEG, CTAS, IDXX, INTC, PANW, XEL,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 5
CDW, ILMN, LIN, ORLY, PAYX,
Moving Below 30 DMA = 8
ADSK, AMD, AMGN, BKR, CTSH, KDP, MCHP,
PCAR,
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