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2025
SPX -6.94, 6,198, traded
in a range as an inside day and formed a spinning top after hitting an all-time
closing high on Monday. Tuesday was an
atypical trading day, with noticeable buying rotation into Material, Health Care and
Staples sectors and selling in Technology and Communication Services
sectors.
The DJI, 44,494 +0.91%, rose on
Tuesday nearing January 30 closing high.
The NDX -0.89% pulled back from its all-time closing high, forming a one-day bull flag
pattern.
Breadth was mixed but positive on Tuesday.
TSLA -16.95, -5.34%, gapped
down and formed a spinning top.
AVGO -10.91,
-3.96%, pulled back to previous
resistance for a breakout test.
Mega caps AAPL, BRK/B, AMZN rose and GOOGL, TSM, MSFT, META, NVDA, AVGO, TSLA fell on Tuesday.
SPY down .20 at 617.65, 69.9 million
shares, below average volume
VIX up 0.10 at 16.83,
QQQ down 4.65 at 546.99
UNH, AMGN, SHW, MRK led DJIA, 22 advancers, -0
LVS, WYNN, BLDR, PKG, MGM led SPX, 378 advancers, +28
AMGN, ODFL, SBUX, BIIB led NDX, 63 advancers, -13
Up: IWM, DIA,
Down: SPY, QQQ,
The SPY
MFC green line is flat at 96.8 and is short-term bullish. -0.2
Nine
of eleven
sectors were higher on Monday led by XLB, XLV and XLP.
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
63 of 100 NDX stocks closed higher on Tuesday.
83 NDX stocks are above their 30
DMA: CRWD, NFLX, AXON, IDXX,
TTWO, CEG, INTU, ZS, 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, GFS, PYPL, BKNG,
CMCSA, GEHC, MAR, PCAR, ANSS, GOOGL, AEP, BKR, HON, SNPS, CDNS, CHTR, FAST,
GILD, PEP, AAPL, CCEP, CDW, EXC, ISRG, LIN, TMUS, ABNB, AMGN, BIIB, CTAS, CTSH,
KDP, KHC, MNST, ODFL, ORLY, PDD, ROP, TEAM, TTD, VRSK, VRTX, XEL,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 17
ABNB, AMGN, BIIB, CTAS, CTSH, KDP, KHC, MNST, ODFL, ORLY, PDD,
ROP, TEAM, TTD, VRSK, VRTX, XEL,
Moving Below 30 DMA = 5
DXCM,
FTNT, MELI, MSTR, PLTR,
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