Monday, April 14, 2025

SPX, NDX Close Higher...VIX Fell...Real Estate, Utilities, Consumer Staples Led All Sectors Higher...GS Higher after EPS...


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SPX +42.61, 5,405, opened higher, some profit takers sold, and the SPX fluctuated in a range, however institutional buyers established both a higher high and higher low for the day.  Monday was a bounce continuation day.  

Breadth strengthened as exchange advancers increased.  Net change advancing capital in both the NDX and SPX, was greater than net change declining capital. 

The DJI, 40,524 +0.78%, opened higher, traded in a range and closed higher.  NDX +0.57% closed higher.

VIX closed meaningfully lower at 30.89 but remained at a high level. Look for more fluctuation, stay focused on the trend.

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EPS Q1 on Monday two SPX stocks reported: GS, MTB

31 total SPX companies report this week including BAC, C, JNJ and PNC on Tuesday BMO.

First day reaction: Q1
Positive: GS, FAST, JPM, BLK, MS, BK, DAL = 7
Neutral: MTB, WFC, STZ = 3
Negative: KMX = 1

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TSLA +0.04, +0.02%, narrow trading range and formed a spinning top candle pattern. 


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


SPY up 5.18 at 539.12 68.0 million shares, below average volume
VIX down 6.67 at 30.89
QQQ up 3.08 at 457.48

AMGN, TRV, AAPL, WMT, MCD led the DJIA, 21 advancers, -5
CRL, ENPH, PLTR, APTV, FSLR led the SPX, 432 advancers,
PDD, PLTR, MSTR, BIIB led the NDX, 74 advancers

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

The SPY MFC green line pointed up to 40.1 and is short-term bullish. +6.2

All eleven sectors were higher on Monday, led by XLRE, XLU and XLP. 

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 Down  


74 of 100 NDX stocks closed higher on Monday.

31 NDX stocks are above their 30 DMA: EXC, CPRT, AXON, CCEP, CDNS, COST, CRWD, CTAS, KDP, MDLZ, MNST, PLTR, ROST, ORLY, ADP, EA, FAST, MSFT, MSTR, TTWO, VRSK, XEL, ADSK, AEP, CSGP, MELI, NFLX, PAYX, TMUS, VRTX, ZS,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 9
ADSK, AEP, CSGP, MELI, NFLX, PAYX, TMUS, VRTX, ZS,


Moving Below 30 DMA = 3
AVGO, BKNG, FTNT,



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