SPX, NDX All-time Closing High as Breadth Strengthened...Technology, Financials, Communication Services Led Sectors...

© 2025

SPX +31.88, 6,204, opened higher after Canada decided to rescind digital services tax, traded in a range and trended up during the last hour to close at a new All-time Closing High. 

The DJI, 44,094 +1.63%, made a new closing high on Monday.  The NDX +0.64% made a new all-time closing high. 

Breadth strengthened on Monday.

TSLA -5.97, -1.84%, formed an inverted hammer spinning top.

AVGO +6.30, +2.34%, closed at a new high.

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

SPY up 2.94 at 617.85, 92.4 million shares, above average volume

VIX down .27 up 0.41 at 16.73,

QQQ up 3.55 at 551.64

GS, VZ, AAPL, V led DJIA, 22 advancers, -2

HPE, FSLR, JNPR, PLTR, ORCL, MOS led SPX, 350 advancers,

MSTR, APP, PLTR, TTD led NDX, 76 advancers,

Up: QQQ, DIA, SPY, IWM,

Down:

The SPY MFC green line is pointed up at 97 and is short-term bullish. +1.6

Eight of eleven sectors were higher on Monday led by XLK, XLF and XLC.

Uptrend sectors: XLK, XLC, XLI, XLY, XLU, XLF, XLB,

Neutral sectors: XLRE, XLP, XLE, XLV,

Down trend sectors:

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

76 of 100 NDX stocks closed higher on Monday.

71 NDX stocks are above their 30 DMA: COST, CRWD, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, PANW, SBUX, QCOM, NXPI, CSGP, EA, ADSK, MDLZ, FTNT, GFS, PYPL, BKNG, CMCSA, DXCM, GEHC, MELI, MAR, PCAR, AEP, BKR, HON, SNPS, CDNS, CHTR, FAST, GILD, PEP, AAPL, CCEP, CDW, EXC, ISRG, LIN, PLTR, TMUS,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 8

AAPL, CCEP, CDW, EXC, ISRG, LIN, PLTR, TMUS,

Moving Below 30 DMA = 2

ABNB, ODFL,

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SPX Breaks Out Closed at a New All-time Closing High...NDX Makes a New All-time Closing High...Consumer Discretionary, Communication Services, Industrials Led Sectors...

© 2025

SPX +32.05, 6,173, opened higher, initially trended up and reversed into a trading range after news that the US was immediately halting trade talks with Canada, however SPX broke out of its February high to a new All-time Closing High. 

The DJI, 43,819 +1.00%, led the four broad indexes on Friday.  The NDX +0.39% made a new all-time closing high. 

Breadth weakened but remained mostly positive on Friday.

TSLA -2.15, -0.66%, formed a doji spinning top.

AVGO -0.82, -0.30%, traded in a range after a horizontal breakout to a new high on Thursday.

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

SPY up 3.04 at 614.91, 86.2 million shares, above average volume

VIX down .27 at 16.32,

QQQ up 1.87 at 548.09

NKE, BA, AMZN, UNH led DJIA, 24 advancers, +3

NKE, BA, EQIX, RCL, HWM, CCL led SPX, 334 advancers,

ARM, GOOGL, AMZN, GILD led NDX, 61 advancers,

Up: DIA, SPY, QQQ, IWM,

Down:

The SPY MFC green line turned up at 95.4 and is short-term bullish. +3.7

Eight of eleven sectors were higher on Friday led by XLY, XLC and XLI.

Uptrend sectors: XLK, XLC, XLI, XLY, XLU, XLF, XLB,

Neutral sectors: XLRE, XLP, XLE,

Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

61 of 100 NDX stocks closed higher on Friday.

65 NDX stocks are above their 30 DMA: COST, CRWD, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, PANW, SBUX, QCOM, NXPI, CSGP, EA, ADSK, MDLZ, FTNT, GFS, PYPL, BKNG, CMCSA, DXCM, GEHC, MELI, MAR, PCAR, ABNB, AEP, BKR, HON, SNPS, CDNS, CHTR, FAST, GILD, ODFL, PEP,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 6

CDNS, CHTR, FAST, GILD, ODFL, PEP,

Moving Below 30 DMA = 3

CCEP, LIN, PLTR,

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SPX Near All-time High...NDX New All-time High...Energy, Industrials, Communication Services Led Sectors Higher...

© 2025

SPX +48.86, 6,141, opened higher and traded in an uptrend with four short duration pullbacks during the day. 

The DJI, 43,386 +0.94%, breakout through short-term resistance.  The NDX +0.94% all-time closing high. 

Breadth strengthened on Thursday.

TSLA -1.77, -0.54%, formed an inside day inverted hammer spinning top.

AVGO +5.52, +2.09%, a horizontal breakout.

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

SPY up 4.75 at 611.87, 77.7 million shares, above average volume

VIX down .17 at 16.59,

QQQ up 5.06 at 546.22

AMZN, CAT, GS, HON led DJIA, 21 advancers, +10

ENPH, FCX, SMCI, ALB, ANET led SPX, 373 advancers,

MRVL, ABNB, DASH, GEHC led NDX, 77 advancers,

Up: IWM, DIA, QQQ, SPY,

Down:

The SPY MFC green line turned up at 91.7 and is short-term bullish. +2.9

Nine of eleven sectors were higher on Thursday led by XLE, XLI and XLC.

Uptrend sectors: XLK, XLC, XLI, XLY, XLB, XLU,

Neutral sectors: XLRE, XLF, XLP, XLE,

Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

77 of 100 NDX stocks closed higher on Thursday.

62 NDX stocks are above their 30 DMA: COST, CRWD, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, PANW, SBUX, CCEP, QCOM, NXPI, CSGP, PLTR, EA, ADSK, MDLZ, FTNT, GFS, PYPL, BKNG, CMCSA, DXCM, GEHC, MELI, MAR, PCAR, ABNB, AEP, BKR, HON, LIN, SNPS,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 6

ABNB, AEP, BKR, HON, LIN, SNPS,

Moving Below 30 DMA = 2

PDD, VRTX,

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NDX All-time Closing High...SPX Unchanged...Technology, Health Care Led Sectors as Breadth Weakened...

© 2025

SPX -0.02, 6,092, opened higher traded in a choppy range and ended essentially unchanged as Powell continued his semi-annual testimony before Congress for a second day. 

The DJI, 42,982 -0.25%, closed below short-term resistance.  The NDX +0.21% closed broke out of its February high to a new all-time closing high. 

Breadth weakened on Wednesday.

TSLA -12.92, -3.79%, pulled back for a second day, closed near Monday’s open.

AVGO +0.88, +0.33%, a horizontal breakout setup.

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

SPY up .34 at 607.12, 61.8 million shares, below average volume

VIX down .72 at 16.76,

QQQ up 1.38 at 541.16

NVDA, GS, AMGN, JPM led DJIA, 11 advancers, -13

SMCI, NTRS, NVDA, TECH, AMD, YUM led SPX, 135 advancers,

NVDA, AMD, MSTR, GOOGL, CRWD led NDX, 33 advancers,

Up: QQQ, SPY,

Down: DIA, IWM,

The SPY MFC green line turned up at 88.8 and is short-term bullish. +2.1

Two of eleven sectors were higher on Wednesday led by XLK, XLV and XLC.

Uptrend sectors: XLK, XLC, XLI, XLY, XLB, XLU,

Neutral sectors: XLRE, XLF, XLP, XLE,

Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

33 of 100 NDX stocks closed higher on Wednesday.

58 NDX stocks are above their 30 DMA: COST, CRWD, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, PANW, SBUX, CCEP, QCOM, NXPI, CSGP, PLTR, EA, ADSK, MDLZ, FTNT, GFS, PYPL, VRTX, BKNG, CMCSA, DXCM, GEHC, MELI, MAR, PCAR, PDD,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 3

ANSS, GOOGL, MSTR,   

Moving Below 30 DMA = 12

AEP, BKR, CHTR, CTAS, FAST, HON, KDP, LIN, MNST, PEP, ROP, TSLA,

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SPX, NDX Closed Higher Near All-time Highs...Technology, Financial, Communication Services Led Sectors...

© 2025

SPX +67.01, 6,092, opened higher as oil continued to fall after Iran-Israel ceasefire news. 

The DJI, 43,089 +1.19%, moved above short-term resistance.  The NDX +1.53% closed higher. 

Breadth remained strong on Tuesday.

TSLA -8.21, -2.35%, pulled back after an 8% gain on Monday the day after it launched its RoboTaxi in Austin, Texas on Sunday.

AVGO +10.00, +3.94%, bull flag bounce continuation day.

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

SPY up 6.63 at 606.78, 67.7 million shares, below average volume

VIX down 2.35 at 17.48,

QQQ up 8.13 at 539.78

CRM, AXP, NVDA, GS led DJIA, 24 advancers, -2

COIN, ENPH, DXCM, UBER led SPX, 375 advancers,

DXCM, AMD, MRVL, INTC led NDX, 85 advancers,

Up: QQQ, IWM, DIA, SPY,

Down:

The SPY MFC green line turned up at 86.7 and is short-term bullish. +0.6

Nine of eleven sectors were higher on Tuesday led by XLK, XLF and XLC.

Uptrend sectors: XLK, XLC, XLI, XLY, XLB, XLU,

Neutral sectors: XLRE, XLF, XLP, XLE,

Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

85 of 100 NDX stocks closed higher on Tuesday.

67 NDX stocks are above their 30 DMA: COST, CRWD, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, PANW, SBUX, CCEP, QCOM, NXPI, CSGP, PLTR, EA, ADSK, KDP, MDLZ, AEP, FAST, FTNT, GFS, HON, PYPL, TSLA, VRTX, BKNG, BKR, CHTR, CMCSA, CTAS, DXCM, GEHC, LIN, MELI, MAR, PCAR, PDD, PEP, ROP,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 14

BKNG, BKR, CHTR, CMCSA, CTAS, DXCM, GEHC, LIN, MELI, MAR, PCAR, PDD, PEP, ROP,  

Moving Below 30 DMA = 1

ORLY,

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SPX, NDX Closed Higher on Strength in TSLA and DASH...Consumer Discretionary, Real Estate, Industrials Led Sectors...TSLA Launches RoboTaxi...

© 2025

SPX +57.33, 6,025, opened flat after the US bombed nuclear sites in Iran, traded higher during the first hour of trading, before reversing lower after a report of Iranian missiles being fired at a US-run Air Base in Qatar.  SPX rallied from a new intra-day low to close higher on the day.  After-hours /ES futures rose more than 25 points.

The DJI, 42,581 +0.89%, closed above a three-day range.  The NDX +1.06% closed higher on strength in TSLA and DASH. 

Breadth strengthened on Monday.

TSLA +26.52, +8.23%, broke out of an eight-day trading range, launched its RoboTaxi in Austin, Texas on Sunday.

AVGO +3.78, +1.51%, another bull flag bounce pause day.

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

SPY up 5.87 at 600.15, 87.0 million shares, above average volume

VIX down .79 at 19.83,

QQQ up 4.82 at 531.65

SHW, IBM, MMM, HD led DJIA, 26 advancers, +9

TSLA, NTRS, ANET, GNRC, EL led SPX, 396 advancers,

TSLA, DASH, CEG, FTNT led NDX, 80 advancers,

Up: IWM, SPY, DIA, QQQ,

Down:

The SPY MFC green line turned up at 86.1 and is short-term bullish. +1.0

Ten of eleven sectors were higher on Monday led by XLY, XLRE and XLI.

Uptrend sectors: XLK, XLC, XLI, XLY, XLB, XLU,

Neutral sectors: XLRE, XLF, XLP, XLE,

Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Sideways

80 of 100 NDX stocks closed higher on Monday.

54 NDX stocks are above their 30 DMA: COST, CRWD, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, PANW, SBUX, CCEP, QCOM, NXPI, CSGP, PLTR, EA, ADSK, KDP, MDLZ, AEP, FAST, FTNT, GFS, HON, ORLY, PYPL, TSLA, VRTX,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 9

AEP, FAST, FTNT, GFS, HON, ORLY, PYPL, TSLA, VRTX,

Moving Below 30 DMA = 4

AMGN, BKR, FANG, GILD,

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SPX, NDX Closed Modestly Lower...Energy, Consumer Staples, Utilities Led Sectors...GOOGL, META Down on Friday...

© 2025

SPX -13.03, 5,967, opened higher after Fed’s Waller indicating Fed positioned for cuts as early as July before the open, traded higher during the opening fifteen minutes of trading, before reversing and intraday trended lower into the close. 

The DJI, 42,206 +0.08%, closed slightly higher.  The NDX -0.43% moved lower on weakness in GOOGL and META. 

Breadth weakened on Friday.

TSLA +0.11, +0.03%, traded in a range for a seventh day.

AVGO -1.27, -0.51%, another bull flag bounce pause day.

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

SPY down 1.40 at 594.27, declared 1.761 quarterly dividend, 94.0 million shares, above average volume

VIX down 1.55 at 20.62,

QQQ down 2.16 at 526.83

AAPL, WMT, MMM, CVX led DJIA, 17 advancers, +2

KR, BLDR, KMX, COIN led SPX, 296 advancers,

MDLZ, CHTR, AAPL, PYPL led NDX, 41 advancers,

Up: DIA,

Down: IWM, SPY, QQQ,

The SPY MFC green line is flat at 85.1 and is counter-trend defensive. -4.0

Six of eleven sectors were higher on Friday led by XLE, XLP and XLU.

Uptrend sectors: XLK, XLC, XLI, XLY, XLB, XLU,

Neutral sectors: XLRE, XLF, XLP, XLE,

Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down

41 of 100 NDX stocks closed higher on Friday.

49 NDX stocks are above their 30 DMA: COST, CRWD, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, NXPI, CSGP, FANG, PLTR, EA, ADSK, KDP, MDLZ,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 3

ADSK, KDP, MDLZ,

Moving Below 30 DMA = 4

FAST, GEHC, GOOGL, VRTX,

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SPX, NDX Close Near Unchanged as Fed Leaves Rates Unchanged...Utilities, Real Estate, Technology Led Sectors...Markets Closed for Juneteenth Holiday on Thursday...

© 2025

Markets are closed on Thursday for Juneteenth Holiday and will reopen on Friday.

SPX -1.85, 5,981, opened slightly higher, traded higher during the first hour of trading, pulled back before the Fed announced rates were unchanged at 2 pm ET, traded in a volatile range during the FOMC press conference and closed near unchanged. 

The DJI, 42,171 -0.10%, closed slightly lower.  The NDX +0.00% traded in a range and was up less than one point. 

Breadth strengthened on Wednesday.

TSLA +5.70, +1.80%, traded in a range for a seventh day.

AVGO +1.89, +0.76%, another bull flag bounce pause day.

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

SPY down 0.09 at 597.44, 76.5 million shares, above average volume

VIX down 1.46 at 20.14,

QQQ down 0.09 at 528.99

GS, JPM, MRK, AXP led DJIA, 15 advancers, +11

JBL, VLO, CRWD, LMT led SPX, 236 advancers,

MRVL, DDOG, INTC, TSLA led NDX, 36 advancers,

Up: IWM,

Down: SPY, QQQ, DIA,

The SPY MFC green line is flat at 89.1 and is counter-trend defensive. -1.9

Five of eleven sectors were higher on Wednesday led by XLU, XLRE and XLK.

Uptrend sectors: XLK, XLC, XLI, XLY, XLB, XLU,

Neutral sectors: XLRE, XLF, XLP, XLE,

Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Sideways

36 of 100 NDX stocks closed higher on Wednesday.

50 NDX stocks are above their 30 DMA: COST, CRWD, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, FAST, GOOGL, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, NXPI, CSGP, FANG, PLTR, EA, GEHC, VRTX,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 2

GEHC, VRTX,

Moving Below 30 DMA = 2

ADSK, AZN,

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SPX, NDX Close Lower Giving Back Most of Monday's Gains...Mega Caps, Breadth Weaker and Volatility Rises...Energy Led Sectors...

© 2025

SPX -50.39, 5,982, opened lower and ultimately gave back about 90% of Monday’s gains as concerns of Israel / Iran conflict expanded. 

The DJI, 42,215 -0.70%, rose.  The NDX -1.00% traded lower in correlation with the concerns that the US is evaluating bombing Iran’s underground nuclear sites. 

Breadth weakened on Tuesday.

TSLA -12.78, -3.88%, bounce pause in grinder.

AVGO -2.73, -1.08%, bull flag bounce pause.

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

SPY down 5.15 at 597.53, 82.1 million shares, above average volume

VIX up 2.49 at 21.60,

QQQ down 5.21 at 529.08

CVX, V, IBM, UNH led the DJIA, 4 advancers, -17

JBL, VLO, CRWD, LMT led the SPX, 89 advancers,

CRWD, DDOG, PANW, ARM led the NDX, 14 advancers,

Up:

Down: DIA, SPY, QQQ, IWM,

The SPY MFC green line is flat at 91 and is counter-trend defensive. -3.0

One of eleven sectors was higher on Tuesday led by XLE, XLRE and XLF

Uptrend sectors: XLK, XLC, XLI, XLY, XLB, XLU,

Neutral sectors: XLRE, XLF, XLP, XLE,

Down trend sectors: XLV,

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

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Sideways

14 of 100 NDX stocks closed higher on Tuesday.

50 NDX stocks are above their 30 DMA: COST, CRWD, MNST, NFLX, AXON, CDNS, IDXX, TTWO, CEG, INTU, ZS, ABNB, ADI, AMAT, ARM, AVGO, DDOG, KLAC, LRCX, MCHP, MDB, MSFT, SNPS, NVDA, AMD, AMZN, ASML, CSCO, META, MU, ON, CSX, TXN, MRVL, WBD, DASH, FAST, GOOGL, AZN, GILD, PANW, SBUX, AMGN, CCEP, BKR, QCOM, NXPI, CSGP, FANG, PLTR, ADSK, EA,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 1

INTC,

Moving Below 30 DMA = 16

ANSS, APP, BIIB, BKNG, CMCSA, CTAS, CTSH, GEHC, GFS, HON, LIN, MDLZ, PEP, PYPL, TSLA, VRTX,

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