©
2025
SPX +107.00, 5,949. Gapped higher after a (better)
than-expected CPI report M/M
Core 0.2% vs. 0.3% expected and Y/Y Core 3.2% vs 3.3%
expected. Trended higher in a broad
rally and with its highest close in the past six days.
The DJI, 43,221, closed +1.69% higher in a bounce continuation move.
NDX +2.31%, closed above the high of the low day.
TSLA +31.86, +8.04%, opened and closed higher, above its 30
DMA.
Five of six reporting
SPX stocks, BK, WFC, C, GS, BLK had 5%+ EPS reactions today.
13 more SPX companies report this week: Thursday:
BAC, MS, MTB, PNC, UNH, USB, JBHT, Friday: CFG, FAST, HBAN,
RF, SLB, STT, TFC
First
day reaction:
Q4
Positive: BK, WFC, C, GS, BLK, JPM, WBA, DAL = 8
Neutral: = 0
Negative: STZ = 1
Mega caps TSLA, META, NVDA, GOOGL, TSM, AMZN, MSFT, AAPL, BRK/B, AVGO
rose on Wednesday.
SPY up 10.59 at 592.78, 56.8 million
shares, above average volume
VIX down 2.59 at 16.12,
VIX1D
down 8.85 at 13.63,
QQQ up 11.62 at 516.70
GS, AXP, NVDA, HD led the DJIA, 23 advancers, +4
TSLA,
BK, WFC, C led
the SPX, 367 advancers
TSLA, ISRG, MU, MSTR led the NDX, 88 advancers
Up: QQQ, IWM, SPY, DIA,
Down:
The SPY
MFC green line turned up at 25.5 and is short-term bullish. +4.7.
Ten of eleven sectors
were higher on Wednesday, led by XLF, XLY and XLK.
Uptrend sectors: XLY, XLC,
XLF, XLI, XLK, XLU,
Neutral sectors: XLE,
Down trend sectors: XLRE, XLP, XLV, XLB,
The 6-month intermediate trend is up. The ten-day trend
is Up
a little.
3-month Intermediate Term Market Trend: Sideways
3-day Short Term Market Trend: Up
88 of 100 NDX stocks closed higher on Wednesday.
35 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, TXN, ADI, AMGN, ANSS, CRWD, GILD, LRCX, MELI, META, MSTR, PDD, PYPL, SNPS, TSLA,
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 13
ADI, AMGN, ANSS, CRWD, GILD, LRCX, MELI, META, MSTR, PDD,
PYPL, SNPS, TSLA,
Moving Below 30 DMA = 1
LULU,
Add Comments here:
No comments:
Post a Comment