Friday, April 25, 2025

SPX, NDX Close Higher...SPY, QQQ Reversal BO...Consumer Discretionary, Technology, Communication Services Lead Sectors...


© 2025


SPX +40.44, 5,525, opened flat, trended higher and made its highest close since April 2, after a better-than-expected Consumer Sentiment report.  The DJI, 40,113 +0.05%, and NDX +1.14% also closed higher for a fourth straight day. 

Breadth weakened as advancers decreased on the exchanges and in the indexes. Institutional buying, unwinding of hedges and falling volatility were visible in the technical again on Friday. Net advancing capital was significantly larger than net declining capital in the SPX and NDX.

CHTR +38.32, +11.43%, on EPS miss and revenue beat.

Friday session insight: Consumer Sentiment better than expected.

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EPS Q1 on Monday BMO: DPZ, ROP, RVTY report.  AMC: ARE, BRO, CDNS, CINF, FFIV, NUE, NXPI, SBAC, TER, UHS, WELL, WM.

184 total SPX companies report this week.

First day reaction: Q1
Positive: CHTR, VRSN, DLR, ABBV, GOOGL, CL, RSG,  NOW, HAS, ALLE, RMD, URI, FTI, FCX, EW, TXN, LVS, LRCX, DFS, NEM, IPG, DOW, TXT, DOV, NDAQ, CMG, CNP, RJF, MRK, VRT, APH, BA, WAB, TSLA, STLD, BSX, COF, GEV, PM, TEL, ISRG, EFX, PNR, PHM, IVZ, MMM, DGX, GE, WRB, MCO, DHR, NTRS, SYF, GPC, ELV, NFLX, DHI, HBAN STT, KEY, CSX, ABT, PLD, CF, TRV, BAC, C, GS, FAST, JPM, BLK, MS, BK, DAL = 74

Neutral: LYB, HIG, PSX, ROL, CMS, CBRE, AMP, BMY, LHX, FE, PCG, NEE, NSC, T, ODFL, EQT, TMO, PKG, MSCI, LMT, VZ, NVR, BX, RF, SCHW, KMI, TFC, AXP, FITB, UAL, PGR, PNC, JNJ, MTB, WFC, STZ = 36

Negative: ERIE, TMUS, AON, INTC, CNC, EMN, DOC, HCA, GILD, WY, PFG, SLB, FI, LKQ, TYL, POOL, IBM, WTW, MOH, PEP, PG, CMCSA, WST, TSCO, KDP, ORLY, UNP, XEL, VLO, ENPH, LII, OTIS, BKR, MAS, GD, TDY, AVY, CB, CME, NOC, RTX, HAL, KMB, UNH, SNA, MMC, JBHT, OMC, USB, KMX = 50

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TSLA +25.44, +9.80%, closed higher, its highest close since March 25. 


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


SPY up 3.95 at 550.64, 61.1 million shares, below average volume, reversal BO
VIX down 1.63 at 24.84,
QQQ up 5.21 at 472.56, reversal BO

NVDA, MRK, IBM, AMZN led the DJIA, 13 advancers, -11
CHTR, TSLA, VRSN, CZR, PLTR, CMG led the SPX, advancers,
CHTR, TSLA, MSTR, PLTR, APP led the NDX, 66 advancers,

Up: QQQ, SPY, IWM, DIA,
Down:

The SPY MFC green line is turned up at 55.9 and is short-term bullish. +5.5

Four of eleven sectors were higher on Friday, led by XLY, XLK and XLC. 

Uptrend sectors
Neutral sectors: XLP, XLU, XLRE, XLF, XLC,
Down trend sectors: XLY, XLV, XLE, XLI, XLK, XLB,

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

3-month Intermediate Term Market Trend:  Down
3-day Short Term Market Trend Up 


66 of 100 NDX stocks closed higher on Friday.

60 NDX stocks are above their 30 DMA: EXC, CPRT, CCEP, COST, CRWD, CTAS, MNST, PLTR, ROST, EA, FAST, MSTR, AEP, MELI, NFLX, ADSK, AXON, BKNG, CDNS, CSGP, IDXX, TTWO, CEG, FTNT, INTU, ZS, AAPL, ABNB, ADI, AMAT, ANSS, ARM, AVGO, DASH, DDOG, DXCM, GOOGL, ISRG, KLAC, LRCX, MAR, MCHP, MDB, MSFT, NXPI, ON, PANW, QCOM, SNPS, TEAM, TSLA, TTD, WDAY, AMZN, APP, ASML, CHTR, NVDA, PYPL, VRTX,


NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 7
AMZN, APP, ASML, CHTR, NVDA, PYPL, VRTX,    


Moving Below 30 DMA = 4
CDW, KDP, TMUS, XEL,



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1 comment:

bobbypin said...

Dave...Thank you for your continued excellence...RP