Monday, September 15, 2025

NDX, SPX Reach All-time Closing High...Communication Services, Technology, Consumer Discretionary Led Sectors...FOMC Wednesday 2 pm ET...


© 2025


SPX +30.99, 6,615, close first time above 6,600 for an all-time closing high. Breadth strengthened on Monday.  Narratives attribute rise to TSLA gains and US-China trade optimism.

FOMC announcement Wednesday 2 pm ET.

NDX +0.84%, breakout continuation, white candle, all-time closing high.

DJI, 45,883, +0.11%, traded in a range, led by strength in GS, MSFT and CAT.

NVDA -0.07, +0.04%, traded in a range, closed above its 30 DMA.
AVGO +4.22, +1.17%, traded in a range formed spinning top.   


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


SPY up 3.50 at 660.91, 63.7 million shares, below average volume,
VIX up +.93 at 15.69
QQQ up 5.02 at 591.68

AMZN, AAPL, IBM, MSFT led DJIA, 14 advancers, +8
STX, ALB, WDC, GOOGL, EL led SPX, 198 advancers,
ASML, GOOGL, TSLA, WBD led NDX, 51 advancers,

Up: QQQ, SPY, IWM, DIA,
Down:

The SPY MFC green line is up at 96.2 and is short-term bullish. +2.0

Five of eleven sectors were higher on Monday led by XLC, XLK and XLY. 

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

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 TrendUp


51 of 100 NDX stocks closed higher on Monday.

47 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, APP, VRTX, AAPL, MNST, MU, INTC, ADI, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, DDOG, KLAC, DASH, WBD, ZS, ARM, MRVL, TEAM, EA, PCAR, CRWD, LIN, XEL, CEG, NVDA, PLTR, AMAT, BKNG, CDNS, FTNT, META, MSFT, REGN, VRTX,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 8
AMAT, BKNG, CDNS, FTNT, META, MSFT, REGN, VRTX,


Moving Below 30 DMA = 5
AZN, COST, CPRT, MAR, ROST,



Add Comments here:

Friday, September 12, 2025

NDX All-time Closing High as SPX, $DJI, RUT Pause...Communication Services, Consumer Discretionary, Utilities Led Sectors...

 
© 2025


SPX -3.18, 6,584, slightly higher open, traded in a range, formed red spinning top.  Closed higher for a second straight week. Breadth weakened on Friday.

NDX +0.42%, breakout continuation, white spinning top at an all-time closing high.

DJI, 45,834, -0.59%, paused on Friday, closed at Thursday’s S-1 level, led by weakness in SHW, AMGN and GS.

NVDA +0.65, +0.037%, traded in a range, closed above its 30 DMA.
AVGO +0.24, +0.07%, traded in a range on day two of a breakout test.   


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


SPY down .22 at 657.41, 72.2 million shares, above average volume,
VIX up +.05 at 14.76
QQQ up 2.58 at 586.66

MSFT, AAPL, WMT, JPM led DJIA, 6 advancers, -19
WBD, PSKY, TSLA, MU, NRG led SPX, 116 advancers,
WBD, TSLA, MU, PLTR led NDX, 32 advancers,

Up: QQQ,
Down: SPY, DIA, IWM,

The SPY MFC green line is up at 94.2 and is short-term bullish. +2.1

Three of eleven sectors were higher on Friday led by XLC, XLY and XLU. 

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

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 TrendUp


32 of 100 NDX stocks closed higher on Friday.

44 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, ROST, APP, AZN, VRTX, AAPL, MNST, MU, CPRT, INTC, ADI, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, DDOG, KLAC, DASH, WBD, ZS, ARM, MRVL, TEAM, EA, PCAR, COST, CRWD, LIN, MAR, XEL, CEG, NVDA, PLTR,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 3
CEG, NVDA, PLTR,


Moving Below 30 DMA = 8
ADBE, AMAT, CDNS, CMCSA, GILD, IDXX, VRTX, WDAY,



Add Comments here:

Thursday, September 11, 2025

DJI, SPX, NDX Reach All-time Closing High after and Inline CPI Report...Basic Materials, Consumer Discretionary, Health Care Led All Sectors Higher...TSLA Led Mega Caps...

 
© 2025


SPX +55.43, 6,587, higher open, trend up, closed at an all-time closing high.  CPI report was inline with expectations.  Breadth strengthened on Thursday.

NDX +0.60%, breakout to an all-time closing high.

DJI, 46,108, +1.36%, breakout to an all-time closing high, led by strength in GS, SHW and HD.

NVDA -0.16, -0.09%, gapped up, closed slightly lower and formed a red spinning top.
AVGO -9.94, -2.69%, pulled back to Wednesday’s S-1 level on a breakout test.   


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


SPY up 5.42 at 657.63, 69.7 million shares, average volume,
VIX down .64 at 14.71
QQQ up 3.38 at 584.08

MMM, SHW, TRV, HD led DJIA, 25 advancers, +16
WBD, PSKY, SNPS, CNC, EFX led SPX, 435 advancers,
WBD, SNPS, LRCX, MU led NDX, 76 advancers,

Up: IWM, DIA, SPY, QQQ,
Down:

The SPY MFC green line is flat at 92.1 short-term bullish. -0.12

All eleven sectors were higher on Thursday led by XLB, XLY and XLV. 

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

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 TrendUp


76 of 100 NDX stocks closed higher on Thursday.

49 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, ROST, APP, AZN, VRTX, IDXX, AAPL, MNST, MU, CPRT, INTC, ADI, CMCSA, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, DDOG, KLAC, DASH, WBD, ZS, ARM, MRVL, TEAM, EA, PCAR, ADBE, AMAT, CDNS, COST, CRWD, GILD, LIN, MAR, VRTX, WDAY, XEL,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 11
ADBE, AMAT, CDNS, COST, CRWD, GILD, LIN, MAR, VRTX, WDAY, XEL,


Moving Below 30 DMA = 3
CDW, NFLX, PLTR,



Add Comments here:

Wednesday, September 10, 2025

SPX, NDX All-time Closing High...ORCL Led SPX on Massive Positive EPS Reaction...Technology, Energy, Utilities Led Sectors...


© 2025


SPX +19.43, 6,532, higher open, traded in a range closed at an all-time closing high.  Breadth weakened on Wednesday.

NDX +0.04%, opened higher, traded in a range and closed at a new closing high by 23 cents.

DJI, 45,490, -0.48%, led by weakness in CRM, AMZN and AAPL.

NVDA +6.57, +3.85%, gapped up, closed higher and formed a white spinning top.
AVGO +32.90, +9.77%, gapped up, perhaps in sympathy with ORCL guidance, closed higher and formed a large white candle.   

ORCL +86.82, +35.95%, positive EPS reaction after EPS and Sales miss but with tens of billions of dollars in cloud infrastructure sales guidance over next five years.


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


SPY up 1.88 at 652.21, 78.0 million shares, above average volume,
VIX up .31 at 15.35
QQQ up 0.19 at 580.70

NVDA, CVX, CSCO, CA led DJIA, 9 advancers, -6
ORCL, AVGO, VST, APA led SPX, 201 advancers,
AVGO, ARM, CEG, NVDA led NDX, 31 advancers,

Up: SPY, QQQ,
Down: IWM, DIA,

The SPY MFC green line is up at 92.1 short-term bullish. +2.4

Five of eleven sectors were higher on Thursday led by XLK, XLE and XLU. 

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

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 TrendUp a little


31 of 100 NDX stocks closed higher on Wednesday.

41 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, ROST, APP, AZN, VRTX, IDXX, AAPL, MNST, MU, CPRT, INTC, ADI, CMCSA, PANW, QCOM, TSLA, TTWO, NFLX, MDB, ADSK, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, CDW, DDOG, KLAC, DASH, WBD, ZS, ARM, MRVL, TEAM, EA, PCAR, PLTR,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 3
EA, PCAR, PLTR,


Moving Below 30 DMA = 8
ADBE, BKNG, CDNS, COST, GILD, MDLZ, META, WDAY,



Add Comments here:

Tuesday, September 9, 2025

SPX, DJI, QQQ at All-time Closing High...Utilities, Communication Services, Health Care Lead Sectors...PPI Report Wednesday 8:30 am ET...


© 2025

SPX +17.46, 6,512, higher open, traded in a range closed at an all-time closing high.  Breadth was mixed on T::uesday.

PPI Report Wednesday 8:30 am ET.

NDX +0.33%, opened higher, traded in a range and closed short of a new high by 10 points.

DJI, 45,711, +0.43%, made a new all-time closing high led by strength in UNH, GS and JPM.

NVDA +2.45, +1.46%, opened higher, closed higher and formed a hammer at short-term support.
AVGO 8.98, -2.60%, opened higher closed lower and formed a bearish engulfing pattern. 


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


SPY up 1.50 at 650.33, 66.0 million shares, average volume,
VIX down .07 at 15.04
QQQ up 1.64 at 580.51

UNH, GS, JPM, NVDA led DJIA, 15 advancers, +0
UNH, CNC, SMCI, APH led SPX, 203 advancers,
TEAM, PLTR, DDOG, AMD led NDX, 48 advancers,

Up: DIA, QQQ, SPY,
Down: IWM,

The SPY MFC green line turned UP at 89.7 short-term bullish. +5.0

Seven of eleven sectors were higher on Tuesday led by XLU, XLC and XLV. 

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

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 TrendUp a little


48 of 100 NDX stocks closed higher on Tuesday.

46 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, ROST, APP, AZN, VRTX, IDXX, AAPL, MNST, MU, CPRT, INTC, ADI, CMCSA, PANW, QCOM, TSLA, TTWO, NFLX, MDB, ADSK, WDAY, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, CDW, COST, DDOG, KLAC, ADBE, BKNG, CDNS, DASH, GILD, WBD, ZS, ARM, MDLZ, META, MRVL, TEAM,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 5
ARM, MDLZ, META, MRVL, TEAM,  


Moving Below 30 DMA = 6
EA, LIN, MAR, NXPI, ODFL, VRSK,



Add Comments here:

Monday, September 8, 2025

NDX, SPX Closed Higher...Technology, Consumer Discretionary, Industrials Led Sectors...HOOD, APP to Join SPX...


© 2025


SPX +13.65, 6,495, gapped up on the open, traded in a range closed near Thursday’s high on a re-breakout of horizontal resistance and formed a doji.  Breadth was mixed on Monday but remained positive.

NDX +0.46%, opened higher, traded in a range and formed a doji for its fourth highest close all-time.

DJI, 45,514, +0.25%, traded in a range formed a white spinning top, with advancers slightly stronger price gains than decliners.

NVDA +1.43, +0.86%, traded in a range.
AVGO +10.81, +3.23%, gapped up from Friday’s black candle close.  White candle a new all-time closing high.

HOOD +15.83%, APP +11.59%, to join SPX on September 22. 


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


SPY up 1.61 at 648.78, 63.1 million shares, below average volume,
VIX down .07 at 15.11
QQQ up 2.68 at 578.80

CAT, AMZN, GS, MMM led DJIA, 15 advancers, +5
TDG, LII, MKTX, PFG led SPX, 249 advancers,
SNPS, KLAC, MELI, ROP led NDX, 62 advancers,

Up: QQQ, SPY, IWM, DIA,
Down:

The SPY MFC green line turned UP at 84.7 short-term bullish. +0.8

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

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

The 6-month intermediate trend breakout is up.  The ten-day trend is up a little.

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


62 of 100 NDX stocks closed higher on Monday.

47 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, ROST, APP, AZN, EA, VRTX, IDXX, AAPL, MNST, MU, CPRT, INTC, NXPI, ADI, CMCSA, PANW, QCOM, TSLA, TTWO, NFLX, MDB, ADSK, WDAY, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, CDW, COST, DDOG, KLAC, ADBE, BKNG, CDNS, DASH, GILD, LIN, MAR, ODFL, VRSK, WBD, ZS,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 11
ADBE, BKNG, CDNS, DASH, GILD, LIN, MAR, ODFL, VRSK, WBD, ZS,


Moving Below 30 DMA = 7
CTSH, DXCM, MELI, PCAR, PEP, REGN, TMUS,



Add Comments here:

Friday, September 5, 2025

NDX, RUT Closed Higher, SPX Hits All-time Intraday High before a BO Test...Real Estate, Basic Materials, Communication Services Led Sectors...AVGO Led SPX, NDX on Positive EPS Reaction...


© 2025


SPX -20.58, 6,481, futures rallied 30 points after the Jobs Report came in at 22K vs 77K new jobs consensus.  After the open SPX made a new all-time intraday high during the first 20 minutes of the day, before falling more than 80 points in 90 minutes.  From Friday’s low point the SPX rallied 40 points for the balance of the trading day to close near Thursday’s S-1 level on a breakout test.

Breadth weakened on Friday but remained positive.

NDX +0.08%, gapped higher, pulled back, filled the gap and closed slightly higher.

DJI, 45,400, -0.48%, opened flat, rallied to an intraday high, reversed before closing near Thursday’s S-1 level, led by weakness in MSFT, GS and JPM.

NVDA -4.64, -2.70%, gapped lower, traded in a range, formed a red spinning top just below short-term support.
AVGO +28.79, +9.41%, gapped up breakout on a positive EPS reaction 63% growth in AI sales, raised guidance.  Formed a black candle at a new all-time high.  
Mega caps AVGO, TSLA, TSM, GOOGL, META rose and AAPL BRK/B, AMZN, MSFT, NVDA fell on Friday. 


SPY down 1.88 at 647.24, 85.1 million shares, above average volume,
VIX down .12 at 15.18
QQQ up .83 at 576.06

CRM, SHW, HD UNH led DJIA, 10 advancers, -14
AVGO, ENPH, MU, POOL, SWK the SPX, 273 advancers,
AVGO, MU, ASML, KLAC, TSLA led NDX, 54 advancers,

Up: IWM, QQQ,  
Down: SPY, DIA,

The SPY MFC green line turned down at 83.9 short-term bullish. -2.6

Six of eleven sectors were higher on Friday led by XLRE, XLB and XLC.

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

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 TrendUp


54 of 100 NDX stocks closed higher on Friday.

43 NDX stocks are above their 30 DMA: GOOGL, PEP, ORLY, PDD, BKR, ROST, TMUS, APP, AZN, EA, VRTX, IDXX, AAPL, MNST, MU, CPRT, INTC, NXPI, ADI, CMCSA, PANW, QCOM, TSLA, TTWO, NFLX, MDB, ADSK, WDAY, AVGO, BIIB, ASML, AMZN, DXCM, GEHC, LRCX, MELI, CDW, COST, CTSH, DDOG, KLAC, PCAR, REGN,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 7
CDW, COST, CTSH, DDOG, KLAC, PCAR, REGN,


Moving Below 30 DMA = 4
BKNG, FAST, LULU, MAR,



Add Comments here:

Thursday, September 4, 2025

SPX All-time High by .22 of a Point...Consumer Discretionary, Industrials, Financial Led Sectors....Afterhours: AVGO Gaps Up on Positive EPS Reactions...Jobs Report Friday 8:30 am ET...


© 2025


SPX +53.82, 6,502, opened higher, trended up, closed higher after a bull flag bounce on Wednesday.  A new all-time closing high by .22 of a point.  Breadth strengthened meaningfully on Thursday.

One headline today indicated the SPX closed at a new high on “Thursday on hope jobs report won’t be too cold or hot.”  I find this type of observation to be both questionable and sillier than the classic fairy tale Goldilocks and the 3 Bears, “not too hot not too cold.” 

Seriously, what institutions buy stocks that push the SPX to a new high because of hope?  Thursday’s volume in AMZN alone was 59,391,800 shares.  Multiplying the volume by an average AMZN price of $233.27 per share results in more than $13.8 billion. And that is just a single stock.  Institutions which use rigorous fundamental, macro and geopolitical analysis to make decisions, don’t invest tens of billions of dollars across the 500 SPX stocks on the emotion of hope.

Institutions do know what the consensus estimate of the Jobs Report and they are willing to take the risk that an investment on Thursday will earn them a positive return over the next several days to weeks, it’s not based on hope.  Someone observed “hope is not a strategy!  They are right, it’s not.


NDX +0.93%, opened slightly higher, trended higher and closed higher.

DJI, 45,621, +0.77%, opened flat, trended up and closed 10 points below it recent all-time high, led by strength in GS, AMZN and AXP.

NVDA +1.04, +0.61%, opened flat, traded in a range, formed a spinning top.
AVGO +3.71, +1.23%, gapped open, traded in a range, formed a spinning top.  After the close reported EPS beat, Sales beat, 63% growth in AI sales, raised guidance.  Afterhours: +11.30, +3.69%,


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


SPY up 5.38 at 649.12, 64.9 million shares, average volume,
VIX down 1.05 at 15.30
QQQ up 5.16 at 575.23

AMZN, GS, MMM, AXP led DJIA, 24 advancers, +11
TROW, WSM, WDC, BLDR, STX the SPX, 364 advancers,
MU, AMZN, CPRT LULU, KLAC led NDX, 70 advancers,

Up: IWM, QQQ, DIA, SPY,
Down:

The SPY MFC green line turned up at 86.5, short-term bullish. +0.2

Ten of eleven sectors were higher on Thursday led by XLY, XLI and XLF. 

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

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 TrendUp a little


70 of 100 NDX stocks closed higher on Thursday.

40 NDX stocks are above their 30 DMA: GOOGL, FAST, PEP, ORLY, PDD, BKR, ROST, TMUS, APP, AZN, EA, VRTX, IDXX, AAPL, MNST, MU, CPRT, INTC, NXPI, ADI, CMCSA, PANW, QCOM, TSLA, TTWO, NFLX, MDB, ADSK, WDAY, AVGO, BIIB, ASML, BKNG, AMZN, DXCM, GEHC, LRCX, LULU, MAR, MELI,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 7
AMZN, DXCM, GEHC, LRCX, LULU, MAR, MELI,


Moving Below 30 DMA = 2
CTSH, TXN,



Add Comments here:

Wednesday, September 3, 2025

SPX, NDX Close Above the High of the Low Day as GOOGL Sparks Rally...Communication Services, Technology, Consumer Discretionary Led Sectors...AVGO Reports EPS Thursday AMC...


© 2025


Futures traded higher Tuesday evening after GOOGL announced a positive outcome from its anti-trust suit by the government.  SPX +32.72, 6,448, opened higher, traded in a range, closed higher with a bull flag bounce and close above the high of the low day. Tuesday was a hammer candle pattern.    

As price action traders, price takes precedence over the MFC green line (oscillator) and we are short-term bullish with Wednesday’s bull flag bounce close above the high of the low day.  Technical traders, trade what you see, trade the trend you see now.  Don’t trade the past, trade the present.

NDX +0.79%, gapped up, traded in a range, formed a spinning top at its 30 DMA.

DJI, 45,271, -0.05%, opened flat, traded in a range on a breakout test, formed a dragonfly doji for a second day, led by weakness in AXP, BA and CVX.

NVDA -0.16, -0.09%, opened flat, traded in a range, formed a spinning top.
AVGO +4.15, +1.39%, gapped open, traded in a range, formed a spinning top.  Reports EPS Thursday after the close.


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


SPY up 3.47 at 643.74, 70.8 million shares, average volume,
VIX down .82 at 16.35
QQQ up 4.45 at 570.07

AAPL, WMT, CRM, TRV led DJIA, 13 advancers, +4
GOOGL, CPB, DXCM, WDC, PSKY the SPX, 226 advancers,
GOOGL, DXCM, AAPL, KHC led NDX, 46 advancers,

Up: QQQ, SPY,
Down: DIA, IWM,

The SPY MFC green line is down at 86.3 short-term bullish. -2.8

Three of eleven sectors were higher on Wednesday led by XLC, XLK and XLY. 

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

The 6-month intermediate trend breakout is up.  The ten-day trend is up a little.

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendDown a little


46 of 100 NDX stocks closed higher on Wednesday.

35 NDX stocks are above their 30 DMA: GOOGL, FAST, PEP, ORLY, PDD, BKR, ROST, TMUS, APP, AZN, EA, VRTX, IDXX, AAPL, MNST, MU, CPRT, INTC, NXPI, ADI, TXN, CMCSA, PANW, QCOM, TSLA, TTWO, NFLX, MDB, ADSK, WDAY, AVGO, BIIB, ASML, BKNG, CTSH,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 3
ASML, BKNG, CTSH,


Moving Below 30 DMA = 4
FANG, LIN, MELI, REGN,



Add Comments here: