One of the Best Days Ever...Key Reversal Day...SPX Soars, VIX Falls 35% after Tariff Pause...

© 2025

SPX +474.13, 5,456, slightly lower, traded in a range for three plus hours, until an announcement that tariffs would be paused for 90 days, (for each country except China because they choose to retaliate), to give countries an opportunity to negotiate a fair-trade deal, then the market soared (a word I reserve for a day that actually soars) forming a key reversal day, a one day reversal pattern that opens lower and reverses to close above the high of the low day of the downtrend

I’m not aware that Jim Rohn, Zig Ziglar, Anthony Robbins or other self-development instructors teach that the path to goal achievement is retaliation.  In fact, I would be surprised if most of us were not taught by parents, family members, teachers or coaches that cooperation is a better path for goal achievement.  Can you imagine, LOL, your grandmother telling you that to be successful in life, retaliation is the way to become your best.  Never once in my life has anyone that cared for me, taught me to have a retaliation or defensive attitude to move forward in life.

According to a recent internet search: a "retaliation attitude" refers to a mindset or approach where someone is inclined to respond negatively or punitively to perceived wrongdoing or actions, often with the intent to cause harm or discomfort in return.  Anyone that is out to cause you harm or discomfort is not really a friend, or they are an extremely immature friend that doesn’t truly appreciate your friendship. 

As a trade mentor I teach those engaged in making decisions in the face of uncertainty to keep their mental focus in the logical and rule following part of their brain and don’t allow their focus to flip into the emotional fight or flight portion of their brain.  Fight, flight or freeze is not an effective strategy for making life better.

The SPX +9.38% last rose a similar amount on March 24, 2020. On that day 489 SPX stocks advanced and 98 NDX stocks rose.  Today 491 SPX stocks and 99 NDX stocks gained. 

Breadth strengthened as exchange and index advancers increased to 98%+.  Net change advancing capital led in both the NDX and SPX.   In fact, the NDX regained more than all the negative declining capital of the prior four days, as institutions bought in an atypically large size today.  The VIX -18.71 fell 35% to 33.62.

The DJI, 40,608 +7.87%, opened lower and closed higher.  NDX +12.02% opened slightly higher, traded in a range and soared after the tariff pause announcement.

TSLA +50.34, +22.69%, bounced from its one-month support area moving above the HOLD for a channel bounce entry signal.  

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

SPY up 52.14 at 548.62, 241.8 million shares, above average volume,

VIX down 18.71 at 33.62

QQQ up 49.94 at 466.00

NVDA, BA, AAPL, AXP led the DJIA, 30 advancers, +25

MCHP, UAL, AMD, DAL ON, TSLA led the SPX, 491 advancers,

MCHP, MSTR, ARM, AMD led the NDX, 99 advancers

Up: QQQ, SPY, IWM, DIA,

Down:

The SPY MFC green line turned up to 17.6 and is short-term bullish. +6.0.

All of eleven sectors were higher on Wednesday, led by XLK, XLY and XLI. 

Uptrend sectors: 

Neutral sectors: XLP, XLC, XLF, XLU, XLY,

Down trend sectors: XLV, XLRE, XLE, XLI, XLK, XLB,

The 6-month intermediate trend is down.  The ten-day trend is down.

3-month Intermediate Term Market Trend:  Down

3-day Short Term Market Trend:  Up

99 of 100 NDX stocks closed higher on Wednesday.

30 NDX stocks are above their 30 DMA: EXC, CPRT, ADSK, AMAT, AVGO, AXON, BKNG, CCEP, CDNS, CEG, COST, CRWD, CSGP, CTAS, DASH, FAST, FTNT, ISRG, KDP, KLAC, MSLZ, MNST, MSFT, MSTR, NVDA, PLTR, ROST, TSLA, TTWO, ZS,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 28

ADSK, AMAT, AVGO, AXON, BKNG, CCEP, CDNS, CEG, COST, CRWD, CSGP, CTAS, DASH, FAST, FTNT, ISRG, KDP, KLAC, MDLZ, MNST, MSFT, MSTR, NVDA, PLTR, ROST, TSLA, TTWO, ZS,

Moving Below 30 DMA = 0

Add Comments here: