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...

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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,

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