Monday, June 23, 2025

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 sectorsXLK, 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 TrendSideways


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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