Monday, September 8, 2025

NDX, SPX Closed Higher...Technology, Consumer Discretionary, Industrials Led Sectors...HOOD, APP to Join SPX...


© 2025


SPX +13.65, 6,495, gapped up on the open, traded in a range closed near Thursday’s high on a re-breakout of horizontal resistance and formed a doji.  Breadth was mixed on Monday but remained positive.

NDX +0.46%, opened higher, traded in a range and formed a doji for its fourth highest close all-time.

DJI, 45,514, +0.25%, traded in a range formed a white spinning top, with advancers slightly stronger price gains than decliners.

NVDA +1.43, +0.86%, traded in a range.
AVGO +10.81, +3.23%, gapped up from Friday’s black candle close.  White candle a new all-time closing high.

HOOD +15.83%, APP +11.59%, to join SPX on September 22. 


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


SPY up 1.61 at 648.78, 63.1 million shares, below average volume,
VIX down .07 at 15.11
QQQ up 2.68 at 578.80

CAT, AMZN, GS, MMM led DJIA, 15 advancers, +5
TDG, LII, MKTX, PFG led SPX, 249 advancers,
SNPS, KLAC, MELI, ROP led NDX, 62 advancers,

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

The SPY MFC green line turned UP at 84.7 short-term bullish. +0.8

Six of eleven sectors were higher on Monday led by XLK, XLY and XLI. 

Uptrend sectorsXLK, XLC, XLY, XLI, XLF, XLB, XLE, XLU,
Neutral sectors: XLP, 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 TrendUp a little


62 of 100 NDX stocks closed higher on Monday.

47 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, ROST, APP, AZN, EA, VRTX, IDXX, AAPL, MNST, MU, CPRT, INTC, NXPI, ADI, CMCSA, PANW, QCOM, TSLA, TTWO, NFLX, MDB, ADSK, WDAY, AVGO, BIIB, ASML, AMZN, GEHC, LRCX, CDW, COST, DDOG, KLAC, ADBE, BKNG, CDNS, DASH, GILD, LIN, MAR, ODFL, VRSK, WBD, ZS,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 11
ADBE, BKNG, CDNS, DASH, GILD, LIN, MAR, ODFL, VRSK, WBD, ZS,


Moving Below 30 DMA = 7
CTSH, DXCM, MELI, PCAR, PEP, REGN, TMUS,



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