Tuesday, September 9, 2025

SPX, DJI, QQQ at All-time Closing High...Utilities, Communication Services, Health Care Lead Sectors...PPI Report Wednesday 8:30 am ET...


© 2025

SPX +17.46, 6,512, higher open, traded in a range closed at an all-time closing high.  Breadth was mixed on T::uesday.

PPI Report Wednesday 8:30 am ET.

NDX +0.33%, opened higher, traded in a range and closed short of a new high by 10 points.

DJI, 45,711, +0.43%, made a new all-time closing high led by strength in UNH, GS and JPM.

NVDA +2.45, +1.46%, opened higher, closed higher and formed a hammer at short-term support.
AVGO 8.98, -2.60%, opened higher closed lower and formed a bearish engulfing pattern. 


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


SPY up 1.50 at 650.33, 66.0 million shares, average volume,
VIX down .07 at 15.04
QQQ up 1.64 at 580.51

UNH, GS, JPM, NVDA led DJIA, 15 advancers, +0
UNH, CNC, SMCI, APH led SPX, 203 advancers,
TEAM, PLTR, DDOG, AMD led NDX, 48 advancers,

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

The SPY MFC green line turned UP at 89.7 short-term bullish. +5.0

Seven of eleven sectors were higher on Tuesday led by XLU, XLC and XLV. 

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.

3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp a little


48 of 100 NDX stocks closed higher on Tuesday.

46 NDX stocks are above their 30 DMA: GOOGL, ORLY, PDD, BKR, ROST, APP, AZN, VRTX, IDXX, AAPL, MNST, MU, CPRT, INTC, 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, WBD, ZS, ARM, MDLZ, META, MRVL, TEAM,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 5
ARM, MDLZ, META, MRVL, TEAM,  


Moving Below 30 DMA = 6
EA, LIN, MAR, NXPI, ODFL, VRSK,



Add Comments here:

No comments: