Wednesday, August 27, 2025

SPX New All-time Closing High...Energy, Technology, Real Estate Led Sectors...NVDA Beat on EPS, Sales...


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SPX +26.62, 6,465, opened flat, trended up to make a new all-time closing high. Breadth strengthened on Wednesday.

NDX +0.17%, a bull flag bounce continuation closed higher.

DJI, 45,565, +0.32%, bull flag bounce led by strength in CRM, MSFT and UNH.

NVDA -0.17, -0.09%, BO setup, EPS beat, Sales beat, after the close.
AVGO +2.34, +0.75%, is a bull flag bounce continuation.


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


SPY up 1.47 at 646.63, 48.2 million shares, below average volume,
VIX up .23 at 14.85
QQQ up .88 at 573.49

CRM, CVX, UNH, MSFT led DJIA, 22 advancers, +9
ALB, DDOG, KMX, WYNN led SPX, 343 advancers,
MDB, TEAM, DDOG, WDAY led NDX, 67 advancers,

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

The SPY MFC green line is up at 87.3 short-term bullish. +5.3

Nine of eleven sectors were higher on Wednesday led by XLE, XLK and XLRE. 

Uptrend sectorsXLK, XLC, XLY, XLI, XLU, XLF, XLB,
Neutral sectors: XLP, XLE, XLV, XLRE,
Down trend sectors:

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

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendSideways


67 of 100 NDX stocks closed higher on Wednesday.

52 NDX stocks are above their 30 DMA: GOOGL, AEP, FAST, PEP, ORLY, PDD, BKR, ROST, TMUS, APP, AZN, EA, VRTX, IDXX, LIN, AAPL, MNST, MU, CPRT, REGN, ASML, BIIB, INTC, NXPI, BKNG, ADI, TXN, CMCSA, AMZN, FANG, GEHC, LRCX, MAR, MELI, META, NVDA, PANW, PCAR, QCOM, TSLA, TTWO, NFLX, AVGO, AXON, CSCO, ADBE, CDNS, KHC LULU, MDB, WDAY, XEL,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 7
ADBE, CDNS, KHC LULU, MDB, WDAY, XEL,


Moving Below 30 DMA = 4
DASH, EXC, GILD, ODFL,



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1 comment:

David Ghai said...

Thank you David Johnson. Excellent commentary!