Monday, November 25, 2024

DJI all-time Closing High, SPX, RUT all-time Intraday Highs...Real Estate, Basic Materials, Consumer Discretionary Lead Sectors...SMCI Continues to Rally...


© 2024


SPX +18.03, 5,987, made an all-time intraday high at 6,020 before a pullback.  The DJI closes at 44,736, an all-time closing high.  The RUT made an all-time intraday high before closing fractionally below at a two-year closing high.

NDX +0.14%, rallied modestly, as TSLA and NVDA pullbacks weighed on the index.

SMCI +5.26, +15.87%, led the NDX and was the second largest gainer in the SPX in its post plan submission to Nasdaq rally.


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


SPY up 2.02 at 597.53, 42.0 million shares, below average volume,
VIX down .64 at 14.60
QQQ up .80 at 506.59

SHW, BA, UNH, NKE led the DJIA, 24 advancers, -1             
BBWI, SMCI, ENPH, ULTA, ALGN led the SPX, 384 advancers
SMCI, DXCN, MRNA, DLTR led the NDX, 74 advancers

Up:  IWM, DIA, SPY, QQQ,
Down: 

The SPY MFC green line moved up to 78.9 and is short-term bullish. +5.1.

Nine of eleven sectors were higher on Monday, led by XLRE, XLB and XLY. 

Uptrend sectors:   XLF, XLC, XLI, XLK, XLU, XLB, XLY, XLRE, XLP, XLV,
Neutral sectors: XLE,
Down trend sectors:

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp


74 of 100 NDX stocks closed higher on Monday.

65 NDX stocks are above their 30 DMA:  DASH, ADSK, CSCO, BKNG, FAST, TMUS, ADP, MRVL, TEAM, PANW, TTWO, EA, ISRG, NFLX, BKR, TSLA, ODFL, CDNS, CHTR, VRSK, WBD, XEL, AMZN, ANSS, CRWD, INTU, ZS, PCAR, COST, CTAS, GFS, INTC, MAR, MDB, WDAY, CPRT, FTNT, HON, PYPL, DXCM, SBUX, ADBE, DDOG, MNST, SNPS, CSGP, CMCSA, CTSH, LULU, TTD, CCEP, CSX, DLTR, GILD, ORLY, PAYX, ROP, ROST, AAPL, ABNB, MELI, ON, ADI, AEP, NXPI, SMCI,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
ADI, AEP, NXPI, SMCI,


Moving Below 30 DMA = 2
FANG, NVDA,  



Add Comments here:

No comments: