SPX, NDX Closed Lower...Energy Led Sectors as Breadth Weakened...

© 2025

SPX -49.37, 6,229, opened lower after the three-day holiday weekend. 

The NDX -0.79% closed below Thursday’s low.

The DJI, 44,406 -0.94%, pulled back and closed below Thursday’s low.   

Breadth weakened on Monday.

TSLA -21.41, -6.79%, gapped down after Musk said he would start a third political part in the US and traded in a range on Monday.

AVGO -1.00, -0.36%, opened flat and traded in a range on Monday.  

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

SPY down 4.66 at 620.68, 51 million shares, below average volume

VIX up.31 at 17.79,

QQQ down 4.19 at 552.03

TSCO, PLTR, DASH, UBER led SPX, 95 advancers,

PLTR, DASH, CEG, BKNG, PDD led NDX, 23 advancers,

Up:

Down: SPY, QQQ, DIA, IWM

The SPY MFC green line turned down at 96 and is counter-trend defensive. -1.5

One of eleven sectors was higher on Monday led by XLE 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 a little

23 of 100 NDX stocks closed higher on Monday.

79 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, LIN, TMUS, ABNB, AMGN, BIIB, CTSH, KDP, ODFL, TEAM, TTD, VRTX, MSTR, REGN, EXC, FTNT, MELI, ORLY, PLTR, PDD,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 1

PDD,

Moving Below 30 DMA = 4

CDW, ISRG, KHC, ROP,

Add Comments here: