Tuesday, January 21, 2025

SPX, NDX Closed Higher...Industrial, Real Estate, Communication Services Lead Sectors...Afterhours: NFLX +14%, UAL +3% on EPS Reactions...


© 2025


SPX +52.58, 6,049, gapped up, trend higher and formed a large white candle on stronger breadth and volatility fell following Monday’s Presidential Inauguration. 

The DJI, 44,025, closed +1.24% in a bounce continuation move. 

NDX +0.58%, opened higher, pulled back during the first hour of trading on weakness in AAPL following an analyst downgrade, and rallied from its morning low to close above its 30 DMA.

TSLA -2.43, -0.57%, opened higher, reversed and closed lower, and remained above its 30 DMA.


After hours: NFLX +125.21, +14.40%, UAL +3.79, +3.43%, after reporting earnings and revenue beats and raised guidance.


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40 SPX companies report this week: Wednesday BMO: ABT, APH, GEV, HAL, JNJ, Wednesday AMC: CCI, DFS, KMI, STLD

First day reaction: Q4
PositivePLD, SCHW, MMM, FITB, SLB, TFC, FAST, CFG, HBAN, MS, BK, WFC, C, GS, BLK, JPM, WBA, DAL = 18
Neutral:  ADM, BAC = 2
Negative:  KEY, DHI, JBHT, STT, RF, UNH, USB, MTB, PNC, STZ = 10
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Mega caps TSM, NVDA, AMZN, META, AVGO, GOOGL, BRK/B, rose and MSFT, TSLA, AAPL fell on Tuesday. 


SPY up 5.47 at 603.05, 42.2 million shares, below average volume
VIX down .75 at 15.06,
VIX1D down 4.43 at 10.46,
QQQ up 3.06 at 524.80

MMM, NKE, CAT, UNH led the DJIA, 23 advancers, +0         
NFLX, ORCL, VST, UAL led the SPX, 415 advancers,
NFLX, ARM, PANW, MU led the NDX, 78 advancers

Up:  IWM, DIA, SPY, QQQ,
Down: 

The SPY MFC green line is pointed up at 53.6 and is short-term bullish. +12.8.

Ten of eleven sectors were higher on Tuesday, led by XLI, XLRE and XLC.

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 TrendUp


78 of 100 NDX stocks closed higher on Tuesday.

62 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, TSLA, ADP, AZN, LIN, SBUX, ADI, AMZN, APP, CCEP, CDNS, CSGP, CTAS, DASH, FAST, INTC, NVDA, NXPI, ODFL, TTWO, TXN, CRWD, CSX, FTNT, GILD, IDXX, MCHP, ORLY, ROP, VRSK, VRTX, XEL, ZS,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 12 
CRWD, CSX, FTNT, GILD, IDXX, MCHP, ORLY, ROP, VRSK, VRTX, XEL, ZS,


Moving Below 30 DMA = 1
ABNB,



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