SPX, NDX Close Lower after News that Tariffs to Start Sat. Feb 1...Communication Services Lead Sectors...AAPL Reports Best Quarter Ever...

© 2025

SPX -30.64, 6,040, opened higher after the PCE Report was inline with consensus at M/M 0.3% and Y/Y 2.6%, headed for an all-time high, but reversed lower around 1 pm ET when news hit that tariffs of Canada and Mexico would be in effect Saturday Feb. 1.  Breadth turned negative, the MFC GL turned down, many stocks turned negative, and the SPX formed a bearish engulfing pattern. 

AAPL -1.59, -0.67%, delivered its best quarter ever, driven by strong sales of iPads, Macs and record services revenue while the stock reversed from a bullish gap higher to a bearish engulfing pattern.

The DJI, 44,544, closed -0.75%, opened higher, closed lower and formed a bearish engulfing candle.  NDX -0.14% opened higher, closed lower and formed a bearish engulfing pattern.

TSLA +4.32, +1.08%, gapped up after earnings, traded in a range and closed higher.

Friday EPS reactions: KLAC -4.19, -0.56%, V -1.25, -0.36%, DECK -45.75, -20.51%.

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130 SPX companies report next week: Monday BMO: IDXX, TSN, Monday AMC: CLX, DOC, EG, EQR NXPI, PLTR

Mega Caps: Tue AMC: GOOGL, GOOG, Thu AMC: AMZN

First day reaction: Q4

Positive: BEN, EMN, ABBV, BKR, CHTR, IBM, LVS, LRCX, TMO, WM, PH, DGX, ROP, PHM, WDC, DOV, MA, TSLA, URI, SHW, META, CCI, FFIV, SBUX, TMUS, NSC, CB, RCL, IVZ, NUE, RTX, BA, T, NEE, GE, UNP, ELV, MKC, NTRS, NFLX, APH, STX, TDY, TEL, COF, GEV, PG, PLD, SCHW, MMM, FITB, SLB, TFC, FAST, CFG, HBAN, MS, BK, WFC, C, GS, BLK, JPM, WBA, DAL = 65

Neutral: AJG, ETN, AON, V, BR, LYB, RVTY, KLAC, AAPL, MMC, TT, CAH, NOC, LHX, RJF, ADP, NDAQ, PGR, HES, WRB, VZ, ABT, ADM, BAC = 24

Negative: DECK, RMD, PPG, GWW, CL, CVX, GEN, INTC, XOM, PSX, HIG, CHD, WY, UPS, NOW, CMCSA, CHRW, CI, MSFT, DOW, TER, AVY, TSCO, AMP, CAT, BX, VLO, AOS, MO, IP, LUV, PKG, DHR, LII, BXP, MSCI, GD, GLW, OTIS, SYK, LMT, GM, SYY, ARE, SYF, NVR, BRO, PCAR, KMB, TXN, ISRG, HCA CSX, AXP, FCX, HAL, TXT, UAL, JNJ, KEY, DHI, JBHT, STT, RF, UNH, USB, MTB, PNC, STZ = 69

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

SPY down 3.22 at 601.82, 66.6 million shares, above average volume

VIX up .59 at 16.43,

VIX1D up 1.79 at 16.51,

QQQ down .76 at 522.29

AMZN, AMGN, CSCO, MSFT led the DJIA, 4 advancers, -19           

BEN, EMN, ABBV, KEYS led the SPX, 116 advancers,

TEAM, VRTX, ARM, EA led the NDX, 37 advancers

Up:

Down: QQQ, SPY, DIA, IWM,

The SPY MFC green line is pointed down at 76.6 and is defensive. -3.5.

One of eleven sectors was higher on Friday, led by XLC, XLRE and XLV.

Uptrend sectors: XLF, XLC, XLI, XLY, XLK, XLU,

Neutral sectors: XLE, XLRE, XLB, XLP,

Down trend sectors: XLV,

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: Sideways

37 of 100 NDX stocks closed higher on Friday.

67 NDX stocks are above their 30 DMA:  CEG, BKR, KLAC, CDW, GEHC, ISRG, AEP, DXCM, ARM, EXC, PAYX, QCOM, AMGN, ANSS, MELI, META, PDD, PYPL, SNPS, ADP, AZN, LIN, SBUX, AMZN, APP, CSGP, CTAS, DASH, ODFL, CRWD, CSX, FTNT, GILD, ORLY, ROP, VRSK, VRTX, ZS, ADSK, CTSH, MDB, NFLX, PANW, PLTR, TEAM, LULU, MAR, CCEP, TTWO, COST, TMUS, WDAY, ADBE, AXON, CSCO, GOOGL, AMAT, KDP, PCAR, PEP, WBD, ASML, CPRT, IDXX, LRCX, ROST, XEL,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 0   

Moving Below 30 DMA = 3

FANG, FAST, KHC,

Add Comments here:

Breadth Strengthens as SPX, NDX Close Higher...Utilities, Real Estate, Health Care Lead All Sectors Higher...After-hours: KLAC, V, AAPL Up on Positive Earnings Reactions...

© 2025

SPX +31.86, 6,071, opened higher, traded in a volatile range on stronger breadth, closed higher and formed a white candle.

PCE Report will be released Friday morning before the open at 8:30 am ET. Consensus is M/M 0.3% and Y/Y 2.6%.

The DJI, 44,882, closed +0.38%, closed higher and formed a white candle. 

NDX +0.45% traded in a range and formed a black spinning top.

TSLA +11.18, +2.87%, gapped up after earnings, traded in a range and closed higher.

After hours EPS reactions: AAPL +6.81, +2.89%, KLAC +20.59, +2.77%, V +5.20, +1.52%, DECK -35.22, -15.83%,

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103 SPX companies report this week: Friday BMO: ABBV, AON, BEN, BR, CHD, CHTR, CL, CVX, ETN, GWW, LYB, PSX, RVTY XOM

First day reaction: Q4

Positive: IBM, LVS, LRCX, TMO, WM, PH, DGX, ROP, PHM, WDC, DOV, MA, TSLA, URI, SHW, META, CCI, FFIV, SBUX, TMUS, NSC, CB, RCL, IVZ, NUE, RTX, BA, T, NEE, GE, UNP, ELV, MKC, NTRS, NFLX, APH, STX, TDY, TEL, COF, GEV, PG, PLD, SCHW, MMM, FITB, SLB, TFC, FAST, CFG, HBAN, MS, BK, WFC, C, GS, BLK, JPM, WBA, DAL = 60

Neutral: MMC, TT, CAH, NOC, LHX, RJF, ADP, NDAQ, PGR, HES, WRB, VZ, ABT, ADM, BAC = 15

Negative: UPS, NOW, CMCSA, CHRW, CI, MSFT, DOW, TER, AVY, TSCO, AMP, CAT, BX, VLO, AOS, MO, IP, LUV, PKG, DHR, LII, BXP, MSCI, GD, GLW, OTIS, SYK, LMT, GM, SYY, ARE, SYF, NVR, BRO, PCAR, KMB, TXN, ISRG, HCA CSX, AXP, FCX, HAL, TXT, UAL, JNJ, KEY, DHI, JBHT, STT, RF, UNH, USB, MTB, PNC, STZ = 56

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

SPY up 3.23 at 605.04, 39.2 million shares, below average volume

VIX down .72 at 15.84,

VIX1D down 1.41 at 14.72,

QQQ up 2.22 at 523.05

IBM, BA, NKE, V led the DJIA, 23 advancers, +7                    

VST, IBM, LVS, GEV, TMO led the SPX, 412 advancers,

LRCX, CEG, ROP, AVGO led the NDX, 77 advancers

Up: IWM, SPY, QQQ, DIA,

Down:

The SPY MFC green line is pointed down at 80.1 and is counter-trend defensive. -3.2.

All eleven sectors were higher on Thursday, led by XLU, XLRE and XLV.

Uptrend sectors: XLK, XLF, XLC, XLI, XLY, XLU,

Neutral sectors: XLE, XLRE, XLB,

Down trend sectors: XLP, XLV,

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

77 of 100 NDX stocks closed higher on Thursday.

70 NDX stocks are above their 30 DMA:  CEG, BKR, FANG, KLAC, CDW, GEHC, ISRG, AEP, DXCM, ARM, EXC, PAYX, QCOM, AMGN, ANSS, MELI, META, PDD, PYPL, SNPS, ADP, AZN, LIN, SBUX, AMZN, APP, CSGP, CTAS, DASH, ODFL, CRWD, CSX, FTNT, GILD, ORLY, ROP, VRSK, VRTX, ZS, ADSK, CTSH, MDB, NFLX, PANW, PLTR, TEAM, LULU, MAR, CCEP, TTWO, COST, TMUS, WDAY, ADBE, AXON, CSCO, GOOGL, AMAT, KDP, PCAR, PEP, WBD, ASML, CPRT, FAST, IDXX, KHC, LRCX, ROST, XEL,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 8   

ASML, CPRT, FAST, IDXX, KHC, LRCX, ROST, XEL,

Moving Below 30 DMA = 5

ABNB, CHTR, DDOG, MSFT, NXPI,

Add Comments here:

SPX, NDX Close Slightly Lower in Volatile Trading Before and During FOMC Announcement, Press Conference...Communication Services, Consumer Staples, Energy Lead Sectors...After-hours: IBM, TSLA, META Up...

© 2025

SPX -28.39, 6,039, opened slightly lower, traded in a volatile range, on mixed but slightly weaker breadth, an expected no change in interest rates FOMC announcement and a positive reaction FOMC press conference.

The DJI, 44,713, closed -0.31%, closed lower and formed a red spinning top. 

NDX -0.24% traded in a range and formed a red spinning top above Tuesday’s S1 level.

TSLA -8.99, -2.26%, opened slightly lower, traded in a range and formed red spinning top.

After hours EPS reactions: IBM +20.22, +8.85%, TSLA +16.15, +4.15%, META +15.51, +2.29%, NOW -95.73, -8.37%, MSFT -20.48, -4.63%, URI -13.39, -1.77%,

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103 SPX companies report this week: Thursday BMO: AOS, AVY, BX, CAH, CAT, CI, CMCSA, DGX, DOV, DOW, IP, LHX, LUV, MA, MMC, MO, NOC, PH, PHM, ROP, SHW, TMO, TSCO, TT, UPS, VLO, Thursday AMC: AAPL, AJG, BKR, DECK, EMN, GEN, HIG, INTC, KLAC, PPG, RMD, SMCI, V, WY.

Mega Caps: Thu AMC: AAPL

First day reaction: Q4

Positive: FFIV, SBUX, TMUS, NSC, CB, RCL, IVZ, NUE, RTX, BA, T, NEE, GE, UNP, ELV, MKC, NTRS, NFLX, APH, STX, TDY, TEL, COF, GEV, PG, PLD, SCHW, MMM, FITB, SLB, TFC, FAST, CFG, HBAN, MS, BK, WFC, C, GS, BLK, JPM, WBA, DAL = 43

Neutral: ADP, NDAQ, PGR, HES, WRB, VZ, ABT, ADM, BAC = 9

Negative: PKG, DHR, LII, BXP, MSCI, GD, GLW, OTIS, SYK, LMT, GM, SYY, ARE, SYF, NVR, BRO, PCAR, KMB, TXN, ISRG, HCA CSX, AXP, FCX, HAL, TXT, UAL, JNJ, KEY, DHI, JBHT, STT, RF, UNH, USB, MTB, PNC, STZ = 38

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

SPY down 2.71 at 601.81, 37.1 million shares, below average volume

VIX up .15 at 16.56,

VIX1D up 2.60 at 16.13,

QQQ down .98 at 520.83

NKE, IBM, DIS, MRK led the DJIA, 16 advancers, +5            

FFIV, HSIC, CEG, VST led the SPX, 204 advancers,

SBUX, TMUS, CEG, ASML led the NDX, 58 advancers

Up:

Down: QQQ, IWM, DIA, SPY

The SPY MFC green line turned down at 83.3 and is counter-trend defensive. -3.5.

Four of eleven sectors were higher on Wednesday, led by XLC, XLP and XLE.

Uptrend sectors: XLK, XLF, XLC, XLI, XLY, XLU,

Neutral sectors: XLE, XLRE, XLB,

Down trend sectors: XLP, XLV,

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: Down

58 of 100 NDX stocks closed higher on Wednesday.

67 NDX stocks are above their 30 DMA:  CEG, BKR, FANG, KLAC, CDW, GEHC, ISRG, AEP, DXCM, ARM, EXC, PAYX, QCOM, AMGN, ANSS, MELI, META, PDD, PYPL, SNPS, ADP, AZN, LIN, SBUX, AMZN, APP, CSGP, CTAS, DASH, NXPI, ODFL, CRWD, CSX, FTNT, GILD, ORLY, ROP, VRSK, VRTX, ZS, ADSK, CTSH, MDB, MSFT, NFLX, PANW, PLTR, TEAM, CHTR, LULU, MAR, CCEP, TTWO, COST, TMUS, WDAY, ADBE, AXON, CSCO, DDOG, GOOGL, ABNB, AMAT, KDP, PCAR, PEP, WBD,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 6   

ABNB, AMAT, KDP, PCAR, PEP, WBD,

Moving Below 30 DMA = 1

FAST,

Add Comments here:

NDX, SPX Close Higher in Technology Bounce Back...Technology, Communication Services, Consumer Discretionary Lead Sectors...FOMC Announcement at 2 pm ET...

© 2025

SPX +55.42, 6,067, gapped higher above Monday’s high, a bounce above the high of the low day,

The DJI, 44,850, closed +0.21%, closed higher formed a spinning top candle in a bounce continuation. 

NDX +1.59% closed above the high of the low day as technology and semiconductor stocks rebounded from Monday’s selloff.

TSLA +0.94, +0.24%, opened flat, traded in a range and formed a hammer.

EPS full day reactions: RCL +28.43, +12.00%, IVZ +1.59, +8.96%, LMT -46.24, -9.18%,

FOMC announcement Wednesday 2 pm ET, Press Conference 2:30 pm ET.

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103 SPX companies report this week: Wednesday BMO: ADP, DHR, GD, GLW, HES, LII, MSCI NDAQ, NSC, OTIS, PGR TMUS, Wednesday AMC: AMP, CCI, CHRW, IBM, LRCX, LVS, META MSFT, NOW, RJF, TER, TSLA, URI, WDC, WM.

Mega Caps: Wed AMC: META, MSFT, TSLA, Thu AMC: AAPL

First day reaction: Q4

Positive: RCL, IVZ, NUE, RTX, BA, T, NEE, GE, UNP, ELV, MKC, NTRS, NFLX, APH, STX, TDY, TEL, COF, GEV, PG, PLD, SCHW, MMM, FITB, SLB, TFC, FAST, CFG, HBAN, MS, BK, WFC, C, GS, BLK, JPM, WBA, DAL = 38

Neutral: WRB, VZ, ABT, ADM, BAC = 5

Negative: LMT, GM, SYY, ARE, SYF, NVR, BRO, PCAR, KMB, TXN, ISRG, HCA CSX, AXP, FCX, HAL, TXT, UAL, JNJ, KEY, DHI, JBHT, STT, RF, UNH, USB, MTB, PNC, STZ = 29

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

SPY up 5.15 at 604.52, 44.2 million shares, below average volume

VIX down 1.49 at 16.41,

VIX1D down 1.21 at 13.53,

QQQ up 7.60 at 521.81

NVDA, CRM, AAPL, MSFT led the DJIA, 11 advancers, -11 

RCL, CRWD, VST, IVZ, CCL led the SPX, 150 advancers,

CRWD, NVDA, MDB, ZS led the NDX, 47 advancers

Up: QQQ, SPY, DIA, IWM,

Down:

The SPY MFC green line is flat at 86.8 and is short-term bullish. +0.03.

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

Uptrend sectors: XLK, XLF, XLC, XLI, XLY, XLU,

Neutral sectors: XLE, XLRE, XLB,

Down trend sectors: XLP, XLV,

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: Down a little

47 of 100 NDX stocks closed higher on Tuesday.

62 NDX stocks are above their 30 DMA:  CEG, BKR, FANG, KLAC, CDW, GEHC, ISRG, AEP, DXCM, ARM, EXC, PAYX, QCOM, AMGN, ANSS, MELI, META, PDD, PYPL, SNPS, ADP, AZN, LIN, SBUX, AMZN, APP, CSGP, CTAS, DASH, FAST, NXPI, ODFL, CRWD, CSX, FTNT, GILD, ORLY, ROP, VRSK, VRTX, ZS, ADSK, CTSH, MDB, MSFT, NFLX, PANW, PLTR, TEAM, CHTR, LULU, MAR, CCEP, TTWO, COST, TMUS, WDAY, ADBE, AXON, CSCO, DDOG, GOOGL,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 5   

ADBE, AXON, CSCO, DDOG, GOOGL,

Moving Below 30 DMA = 10

AMAT, BIIB, CMCSA, HON, IDXX, INTC, KHC, PCAR, PEP, XEL,

Add Comments here:

SPX, NDX Close Lower as AI, Utility, Semiconductor and Tech Stocks Fall After DeepSeek AI News Raises Concerns About AI Spending...Consumer Staples, Health Care and Financial Lead Sectors...

© 2025

SPX -88.96, 6,012, gapped lower after DeepSeek AI news, formed a white candle closing above its open, but below Friday’s close on weakness in semiconductor and tech stocks.. 

The DJI, 44,713, closed +0.65%, lower open close higher bounce continuation. 

NDX -2.97% gapped lower after DeepSeek AI news raises concerns about AI spending and closed lower on weakness in AI, utility, semiconductor and tech stocks.

TSLA -9.43, -2.32%, opened lower, traded in a range and formed a doji.

EPS full day reaction: T +1.42, +6.25%,

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103 SPX companies report this week: Tuesday BMO: BA, GM, IVZ, KMB, LMT, NVR, PCAR, RCL, RTX, SYF, SYY, Tuesday AMC: BXP, CB, FFIV, PKG, SBUX, SYK.

Mega Caps: Wed AMC: META, MSFT, TSLA, Thu AMC: AAPL

First day reaction: Q4

Positive: T, NEE, GE, UNP, ELV, MKC, NTRS, NFLX, APH, STX, TDY, TEL, COF, GEV, PG, PLD, SCHW, MMM, FITB, SLB, TFC, FAST, CFG, HBAN, MS, BK, WFC, C, GS, BLK, JPM, WBA, DAL = 33

Neutral: VZ, ABT, ADM, BAC = 4

Negative: TXN, ISRG, HCA CSX, AXP, FCX, HAL, TXT, UAL, JNJ, KEY, DHI, JBHT, STT, RF, UNH, USB, MTB, PNC, STZ = 20

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

SPY down 8.60 at 599.37, 70.3 million shares, above average volume

VIX up 3.05 at 17.90,

VIX1D up 5.73 at 14.74,

QQQ down 15.42 at 514.21

JNJ, CRM, TRV, PG led the DJIA, 22 advancers, +11           

AWK, T, HCA, SBAC led the SPX, 349 advancers,

AEP, PEP, EXC, AAPL led the NDX, 55 advancers

Up: DIA,

Down: IWM, SPY, QQQ,

The SPY MFC green line is pointed up at 86.8 and is short-term bullish. +0.4.

Seven of eleven sectors were higher on Monday, led by XLP, XLV and XLF.

Uptrend sectors: XLK, XLF, XLC, XLI, XLY, XLU,

Neutral sectors: XLE, XLRE, XLB,

Down trend sectors: XLP, XLV,

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: Down

55 of 100 NDX stocks closed higher on Monday.

67 NDX stocks are above their 30 DMA:  CEG, BKR, FANG, KLAC, AMAT, CDW, GEHC, ISRG, AEP, DXCM, ARM, EXC, PAYX, PCAR, QCOM, AMGN, ANSS, MELI, META, PDD, PYPL, SNPS, ADP, AZN, LIN, SBUX, AMZN, APP, CSGP, CTAS, DASH, FAST, INTC, NXPI, ODFL, CRWD, CSX, FTNT, GILD, IDXX, ORLY, ROP, VRSK, VRTX, ZS, ADSK, CTSH, MDB, MSFT, NFLX, PANW, PLTR, TEAM, CHTR, LULU, MAR, CCEP, TTWO, BIIB, CMCSA, COST, HON, KHC, PEP, TMUS, WDAY, XEL,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 9   

BIIB, CMCSA, COST, HON, KHC, PEP, TMUS, WDAY, XEL,  

Moving Below 30 DMA = 11

ADI, ASML, AVGO, AXON, CDNS, CSCO, GOOGL, LRCX, MRVL, MU, NVDA,

Add Comments here:

SPX New Intraday All-time High, Closed Lower on Light Volume...SPX, NDX Pause as Breadth Weakens from Thursday...Utilities, Communication Services, Consumer Staples Lead Sectors...META, MSFT, TSLA, AAPL Report EPS Next Week...

© 2025

SPX -17.47, 6,101, closed above 6,100 for a second day with a new all-time intraday high of 6,128.18. 

The DJI, 44,424, closed -0.32%, a pause day above Thursday’s S1 level. 

NDX -0.58%, a pullback pause day.

TSLA -5.80, -1.41%, opened slightly higher, reversed and closed slightly lower.

EPS full day reactions: NEE +3.60, +5.20%, TXN -15.09, -7.52%.

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103 SPX companies report next week: Monday BMO: T, Monday AMC: ARE, BRO, NUE, WRB,

Mega Caps: Wed AMC: META, MSFT, TSLA, Thu AMC: AAPL

First day reaction: Q4

Positive: NEE, GE, UNP, ELV, MKC, NTRS, NFLX, APH, STX, TDY, TEL, COF, GEV, PG, PLD, SCHW, MMM, FITB, SLB, TFC, FAST, CFG, HBAN, MS, BK, WFC, C, GS, BLK, JPM, WBA, DAL = 32

Neutral: VZ, ABT, ADM, BAC = 4

Negative: TXN, ISRG, HCA CSX, AXP, FCX, HAL, TXT, UAL, JNJ, KEY, DHI, JBHT, STT, RF, UNH, USB, MTB, PNC, STZ = 20

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

SPY down 1.78 at 607.97, 34.6 million shares, below average volume

VIX down .17 at 14.85,

VIX1D down .25 at 9.01,

QQQ down 3.01 at 529.63

WMT, DIS, VZ, KO led the DJIA, 11 advancers, -15                

NEE, WELL, LULU, EL, EPAM led the SPX, 249 advancers,

PDD, LULU, CHTR, AVGO led the NDX, 43 advancers

Up:

Down: IWM, DIA, SPY, QQQ,

The SPY MFC green line is pointed up at 86.4 and is short-term bullish. +8.7.

Six of eleven sectors were higher on Friday, led by XLU, XLC and XLP.

Uptrend sectors: XLK, XLF, XLC, XLI, XLY, XLU,

Neutral sectors: XLE, XLRE, XLB,

Down trend sectors: XLP, XLV,

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

43 of 100 NDX stocks closed higher on Friday.

69 NDX stocks are above their 30 DMA:  MRVL, AVGO, GOOGL CEG, ASML, BKR, FANG, KLAC, AMAT, CDW, GEHC, ISRG, AEP, DXCM, ARM, CSCO, EXC, MU, PAYX, PCAR, QCOM, AMGN, ANSS, LRCX, MELI, META, PDD, PYPL, SNPS, ADP, AZN, LIN, SBUX, ADI, AMZN, APP, CDNS, CSGP, CTAS, DASH, FAST, INTC, NVDA, NXPI, ODFL, CRWD, CSX, FTNT, GILD, IDXX, ORLY, ROP, VRSK, VRTX, ZS, ADSK, CTSH, MDB, MSFT, NFLX, PANW, PLTR, TEAM, AXON, CHTR, LULU, MAR, CCEP, TTWO,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 2 

CCEP, TTWO,

Moving Below 30 DMA = 5

ABNB, HON, MCHP, MSTR, TXN,

Add Comments here:

SPX First-time Close Above 6,100, New All-time High...Health Care, Industrials, Real Estate Lead All Sectors Higher...GE. UNP Positive Earnings Reactions...

© 2025

SPX +32.34, 6,118, closed above 6,100 for the first time with a new all-time intraday and closing high of 6,118.73. 

The DJI, 44,565, closed +0.92% nearing its all-time high. 

NDX +0.22%, opened lower, reversed and closed higher.

TSLA -2.73, -0.66%, opened slightly higher, also traded inside of Tuesday’s range and closed slightly lower from Wednesday.

EPS full day reactions: GE +12.44, +6.60%, UNP +12.25, +5.20%.

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40 SPX companies report this week: Friday BMO: AXP, HCA, NEE, VZ

First day reaction: Q4

Positive:  GE, UNP, ELV, MKC, NTRS, NFLX, APH, STX, TDY, TEL, COF, GEV, PG, PLD, SCHW, MMM, FITB, SLB, TFC, FAST, CFG, HBAN, MS, BK, WFC, C, GS, BLK, JPM, WBA, DAL = 31

Neutral:  STLD, ABT, ADM, BAC = 4

Negative:  FCX, HAL, TXT, UAL, JNJ, KEY, DHI, JBHT, STT, RF, UNH, USB, MTB, PNC, STZ = 15

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

SPY up 3.31 at 609.75, 41.0 million shares, below average volume

VIX down .08 at 15.02,

VIX1D down .32 at 9.26,

QQQ up 1.13 at 532.64

CAT, BA, DIS, UNH led the DJIA, 26 advancers, +13             

MRNA, GE, ENPH, UNP led the SPX, 324 advancers,

BKNG, CEG, NFLX, DASH led the NDX, 53 advancers

Up:  DIA, SPY, IWM, QQQ,

Down: 

The SPY MFC green line is pointed up at 77.7 and is short-term bullish. +9.7.

All eleven sectors were higher on Thursday, led by XLV, XLI and XLRE.

Uptrend sectors:   XLF, XLY, XLC, XLI, XLK, XLU,

Neutral sectors:  XLE, XLRE, XLB,

Down trend sectors: XLP, XLV,

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

53 of 100 NDX stocks closed higher on Thursday.

72 NDX stocks are above their 30 DMA:  MRVL, AVGO, GOOGL CEG, ASML, BKR, FANG, KLAC, AMAT, CDW, GEHC, ISRG, AEP, DXCM, ARM, CSCO, EXC, MU, PAYX, PCAR, QCOM, AMGN, ANSS, LRCX, MELI, META, MSTR, PDD, PYPL, SNPS, ADP, AZN, LIN, SBUX, ADI, AMZN, APP, CDNS, CSGP, CTAS, DASH, FAST, INTC, NVDA, NXPI, ODFL, TXN, CRWD, CSX, FTNT, GILD, IDXX, MCHP, ORLY, ROP, VRSK, VRTX, ZS, ADSK, CTSH, MDB, MSFT, NFLX, PANW, PLTR, TEAM, ABNB, AXON, CHTR, HON, LULU, MAR,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 6 

ABNB, AXON, CHTR, HON, LULU, MAR,    

Moving Below 30 DMA = 2

CCEP, TTWO,

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