Friday, October 24, 2025

NDX, DJI, SPX Each Make New All-time Closing High as VIX Falls Below 17...Technology, Utilities, Financial Led Sectors...GOOGL, META, MSFT, AAPL, AMZN Report EPS Next Week...


© 2025


SPX +53.25, 6,791, closed above 6,700 for the fourth time this week.  Breadth remained positive on Friday as advancers led decliners on both exchanges.  Government shutdown continued for the twenty-fourth day.


Technology led all sectors on Friday.  IBM, AMD, MU, FSLR and APP were among the top eleven gainers in the SPX.  The four-week SPY trend is up with Friday’s breakout to a new closing high.  The three- and six-month trends are up.  Dave

Earnings:
KDP RVTY report EPS before the open on MondayACGL ARE BRO CDNS CINF FFIV HIG NUE NXPI PFG UHS WELL WM report after market close.

Wednesday after the close GOOGL, META and MSFT report.
Thursday after the close AAPL and AMZN report.


NDX +1.04%, all-time closing high

DJI, 47,207, +1.01%, all-time closing high, led by GD, IBM and JPM.

NVDA +4.10, +2.25%, bull flag bounce.
AVGO +9.84, +2.86%, bull flag bounce.
ORCL +3.26, +1.16%, channel bounce continuation.


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


SPY up +5.49 at 677.25, 74.3 million shares, below average volume.
VIX down -.93 at 16.37,
QQQ up +6.52 at 617.10

IBM, GS, NVDA, JPM led DJIA, 19 advancers, +3
F, COIN, ALB, IBM led SPX, 255 advancers,
AMD, CEG, MU, APP led NDX, 56 advancers.

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

The SPY MFC green line is pointed up at 87.7 and is short-term bullish. +5.3

Six of eleven sectors were higher on Friday led by XLK, XLU and XLF. 

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

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


56 of 100 NDX stocks closed higher on Friday.

69 NDX stocks are above their 30 DMA: MNST, MU, INTC, PANW, ASML, LRCX, DDOG, WBD, ZS, CRWD, AMAT, FTNT, MRVL, CSX, XEL, EA, EXC, AEP, VRTX, AMD, AMGN, ARM, AZN, TTD, GILD, PEP, AAPL, GFS, GOOGL, KLAC, ON, ROST, ABNB, CSCO, KDP, CCEP, SBUX, ISRG, MSFT, BIIB, GEHC, LULU, MDB, QCOM, TRI, WDAY, ADBE, CTSH, DXCM, INTU, MAR, PCAR, TEAM, AVGO, CDW, CEG, FANG, HON, IDXX, MRVL, NVDA, PDD, PLTR, PYPL, AMZN, AXON, META, REGN, TTWO,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 5
AMZN, AXON, META, REGN, TTWO,


Moving Below 30 DMA = 4
ADI, BKR, COST, TSLA,



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Thursday, October 23, 2025

RUT, NDX, SPX, DJI Closed Higher and VIX Fell Below 18 Again...Energy, Technology, Industrials Led Sectors...LRCX, TSLA Ended with Positive Earning Reactions...


© 2025


SPX +39.04, 6,738, rallied to close above 6,700 again.  Breadth strengthened on Thursday as advancers led decliners on both exchanges.  Government shutdown continued for the twenty third day.

Tech stocks rallied and reversed Wednesday’s pull back after NFLX’s negative earnings reaction yesterday.  The four-week SPY trend is sideways, and the three- and six-month trends are up.  Dave


Earnings:
Both LRCX +4.45%, and TSLA +2.28%, opened lower, reversed and closed higher after earnings Wednesday AMC.  IBM -0.87%, opened lower, reversed and closed slightly lower.  URI -8.79%, opened lower and closed lower on a negative earnings reaction.

After hours: F +3.48%, INTC +7.31%, on positive earnings reaction and DECK -12.72%, on a negative earnings reaction.

GD HCA ITW PG report EPS before the open on Friday


NDX +0.88%, rallied and finished just below Monday’s all-time closing high. 

DJI, 46,590, +0.31%, rallied to its second highest close, led by HON, CAT and GS.

NVDA +1.88, +1.04%, formed a white engulfing candle at 8-day support.
AVGO +3.99, +1.17%, formed bullish harami after four-day pullback. 
ORCL +7.41, +2.72%, bullish engulfing at short-term support.


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


SPY up +3.96 at 671.76, 65.4 million shares, below average volume.
VIX down -1.30 at 17.30,
QQQ up +5.09 at 610.58

HON, MMM, AMZN, CAT led DJIA, 16 advancers, +7
DOW, LVS, WST, FTI led SPX, 282 advancers,
HON, ISRG, CEG, LRCX led NDX, 64 advancers.

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

The SPY MFC green line is pointed up at 82.4 and is short-term bullish. +6.6

Seven of eleven sectors were higher on Thursday led by XLE, XLK and XLI. 

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

The 6-month intermediate trend breakout is up.  The ten-day trend is sideways.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendSideways


64 of 100 NDX stocks closed higher on Thursday.

68 NDX stocks are above their 30 DMA: MNST, MU, INTC, PANW, TSLA, ASML, LRCX, DDOG, WBD, ZS, CRWD, AMAT, FTNT, MRVL, CSX, XEL, EA, EXC, AEP, VRTX, AMD, AMGN, ARM, AZN, TTD, GILD, PEP, AAPL, GFS, GOOGL, KLAC, ON, ROST, ABNB, CSCO, KDP, CCEP, SBUX, ISRG, MSFT, BIIB, GEHC, LULU, MDB, QCOM, TRI, WDAY, ADBE, CTSH, DXCM, INTU, MAR, PCAR, TEAM, COST, ADI, AVGO, BKR, CDW, CEG, FANG, HON, IDXX, MRVL, NVDA, PDD, PLTR, PYPL,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 13
ADI, AVGO, BKR, CDW, CEG, FANG, HON, IDXX, MRVL, NVDA, PDD, PLTR, PYPL,


Moving Below 30 DMA = 4
ODFL, REGN, ROP, TTWO,



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Wednesday, October 22, 2025

SPX, NDX, DJI, RUT Closed Lower after NFLX EPS and Sales Miss...Energy, Health Care, Consumer Staples Led Sectors....After hours: TSLA IBM, LRCX, URI Lower on Negative EPS Reactions...I


© 2025


SPX -35.95, 6,699, opened flat, pulled back, rallied from intraday low, closed lower.  Breadth weakened on Wednesday as decliners led advancers on both exchanges.  Government shutdown continued for the twenty second day. 


After hours: Negative earnings reactions from IBM, LRCX, TSLA and URI.

ALLE BX CBRE CNP DOV DOW FCX FTI HAS HON PCG POOL ROP TMUS TSCO TXT UNP VLO WST report EPS before the open on ThursdayBKR DECK DLR DOC F INTC MHK NEM NSC VRSN report after market close.

Tech stocks pull back after a negative earnings reaction from NFLX’s earnings and sales miss.  The four-week SPY trend is sideways, and the three- and six-month trends are up.  Dave

NDX -0.99%, pullback moves below the low of the high day, a second bull flag in an ascending triangle. 

DJI, 46,590, -0.71%, pullback at horizontal resistance after a three-day rally, led by GS, CAT and CRM.

NFLX -124.98, -10.07%, gap down to 3-month low, on a negative earning’s reaction after an EPS and Sales miss.

NVDA -.88, -0.49%, formed hammer in seven-day trading range.
AVGO -2.36, -0.69%, bounce down red candle. 
ORCL -2.49, -0.90%, spinning top just below support.


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


SPY down -3.49 at 667.80, 80.4 million shares, average volume.
VIX up +0.73 at 18.60,
QQQ down -5.89 at 605.49

IBM, CVX, NKE, WMT led DJIA, 9 advancers, -9
ISRG, AVY, HAL SLB led SPX, 198 advancers,
ISRG, APP, DXCM, MAR led NDX, 29 advancers.

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

The SPY MFC green line is flat at 75.8 and is short-term bullish. +0.0

Four of eleven sectors were higher on Wednesday led by XLE, XLV and XLP. 

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

The 6-month intermediate trend breakout is up.  The ten-day trend is down.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp a little


29 of 100 NDX stocks closed higher on Wednesday.

59 NDX stocks are above their 30 DMA: MNST, MU, INTC, PANW, TSLA, TTWO, ASML, LRCX, DDOG, WBD, ZS, CRWD, AMAT, FTNT, MRVL, CSX, XEL, EA, EXC, AEP, VRTX, AMD, AMGN, ARM, AZN, TTD, GILD, PEP, AAPL, GFS, GOOGL, KLAC, ON, ROST, ABNB, CSCO, KDP, CCEP, SBUX, ISRG, MSFT, REGN, BIIB, GEHC, LULU, MDB, QCOM, TRI, WDAY, ADBE, CTSH, DXCM, INTU, MAR, ODFL, PCAR, ROP, TEAM, COST,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 1
COST,


Moving Below 30 DMA = 13
ADI, CEG, CPRT, HON, IDXX, MCHP, MRVL, NFLX, NXPI, PDD, PLTR, PYPL, TXN,



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Tuesday, October 21, 2025

DJI New All-time Closing High...SPX, NDX Pause, Holds above S-1 of Monday's Large White Candle...Consumer Discretionary, Industrials, Communication Services Led Sectors...


© 2025


SPX +0.22, 6,735, closed above 6,700 for a second day and again makes its third highest close ever.  Breadth weakened from Monday as NYSE advancers remained positive.  Government shutdown continued for the twenty first day.  

Pause day after strong two-day rally and is 18-points from its all-time closing high.  The four-week SPY trend is sideways, and the three- and six-month trends are up.  Dave


APH AVY BSX CME GEV HLT LII MCO NTRS NVR T TDY TMO WAB report EPS before the open on Wednesday.  CCI FE GL IBM KMI LRCX LUV LVS MOH ORLY PKG RJF TSLA URI report after market close.

NDX -0.06%, pause day above S-1 after Monday’s new closing high. 

DJI, 46,924, +0.47%, all-time closing high led by MMM, CRM and SHW.

NVDA -1.48, -0.81%, closed slightly lower in six-day trading range.
AVGO -6.58, -1.88%, closed below Monday’s low pullback. 
ORCL -2.03, -0.73%, spinning top at support.


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


SPY down -0.01 at 671.29, 56.2 million shares, below average volume.
VIX down -0.36 at 17.87,
QQQ down -0.16 at 611.38

MMM, KO, CRM, AMZN led DJIA, 18 advancers, -7
GM, HAL, WBD, IT led SPX, 297 advancers,
WBD, TEAM, TEAM, LULU led NDX, 62 advancers.

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

The SPY MFC green line is pointed up at 75.8 and is short-term bullish. +4.0

Five of eleven sectors were higher on Tuesday led by XLY, XLI and XLC. 

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

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


62 of 100 NDX stocks closed higher on Tuesday.

71 NDX stocks are above their 30 DMA: MNST, MU, INTC, PANW, TSLA, TTWO, ASML, LRCX, DDOG, WBD, ZS, MRVL, CRWD, CEG, PLTR, AMAT, FTNT, MRVL, CSX, XEL, EA, EXC, AEP, VRTX, AMD, AMGN, ARM, AZN, TTD, GILD, PEP, AAPL, GFS, GOOGL, KLAC, ON, ROST, ABNB, CSCO, KDP, MCHP, CCEP, SBUX, ISRG, MSFT, REGN, ADI, BIIB, GEHC, IDXX, LULU, MDB, NFLX, PDD, PYPL, QCOM, TRI, WDAY, ADBE, CTSH, CPRT, DXCM, HON, INTU, MAR, NXPI, ODFL, PCAR, ROP, TEAM, TXN,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 13
ADBE, CTSH, CPRT, DXCM, HON, INTU, MAR, NXPI, ODFL, PCAR, ROP, TEAM, TXN,


Moving Below 30 DMA = 3
AVGO, MDLZ, NVDA,



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Monday, October 20, 2025

NDX Rallies to All-time Closing High...RUT, DJI, SPX Closed Higher...Basic Materials, Industrials, Financial Led Sectors...Week Two Earnings Season...


© 2025


SPX +71.12, 6,735, closed back above 6,700 and makes it third highest close ever.  Breadth strengthened and advancers led decliners on the NYSE and NASDAQ exchanges.  Government shutdown continued for the twentieth day.  Comments from the WH Economic Council Director indicated that the government shutdown could end this week.

DGX, DHR, EFX, ELV, GE, GM, GPC, HAL, KO, LMT, MMM, NDAQ, NOC, PCAR, PHM, PM, PNR, RTX report EPS before the open on Tuesday.  CB, COF, EQT, ISRG, NFLX, OMC, TXN report after market close.

The rally breaks out of a five-day trading range and is 19-points from it all-time closing high.  The four-week SPY trend is sideways, and the three- and six-month trends are up.  Dave

NDX +1.30%, new all-time closing high

DJI, 46,706, +1.12%, bounce continuation led by GS, CRM and AAPL.

NVDA -0.58, -0.32%, formed spinning top candle.
AVGO -0.09, -0.03%, opened higher closed slightly lower. 
ORCL -14.13, -4.85%, price action falls to support.


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


SPY up 6.91 at 671.30, 60.4 million shares, below average volume.
VIX down -2.55 at 18.23,
QQQ up 7.61 at 611.54

CRM, AAPL, UNH, BA led DJIA, 25 advancers, +3
EXE, SMCI, MRNA, J led SPX, 412 advancers,
TTD, TEAM, ON, KLAC led NDX, 86 advancers.

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

The SPY MFC green line turned up at 71.8, price action closed above last weeks trading range and is short-term bullish. +3.6

Nine of eleven sectors were higher on Monday led by XLB, XLI and XLF. 

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

The 6-month intermediate trend breakout is up.  The ten-day trend is sideways.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp


86 of 100 NDX stocks closed higher on Monday.

61 NDX stocks are above their 30 DMA: MNST, MU, INTC, PANW, TSLA, TTWO, ASML, LRCX, DDOG, WBD, ZS, MRVL, CRWD, CEG, PLTR, AMAT, FTNT, MRVL, CSX, XEL, EA, EXC, AEP, VRTX, AMD, AMGN, ARM, AZN, TTD, GILD, PEP, AAPL, AVGO, GFS, GOOGL, KLAC, ON, ROST, ABNB, CSCO, KDP, MCHP, CCEP, NVDA, SBUX, ISRG, MDLZ, MSFT, REGN, ADI, BIIB, GEHC, IDXX, LULU, MDB, NFLX, PDD, PYPL, QCOM, TRI, WDAY,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 12
ADI, BIIB, GEHC, IDXX, LULU, MDB, NFLX, PDD, PYPL, QCOM, TRI, WDAY,


Moving Below 30 DMA = 0




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Friday, October 17, 2025

NDX, SPX, DJI Bounce in 5-day Trading Range...RUT Closed Lower...Consumer Staples, Consumer Discretionary, Energy Led Sectors...AXP Led DJI on Positive EPS Reaction...


© 2025


SPX +34.94, 6,664, closed higher, traded in a range and remained in congestion for a fifth day.  Breadth strengthened and turned positive as advancers led decliners on the NYSE.  Government shutdown continued for the seventeenth day.

AXP, FITB, HBAN, RF, SLB, STT, TFC reported EPS before the open.

A one-day bounce in a five-day trading range.  The four-week SPY trend is sideways, and the three- and six-month trends are up.  Dave

NDX +0.65%, rally in 5-day trading range. 

DJI, 46,190, +0.52%, a trading range bounce led by AXP, V and IBM.

NVDA +1.41, +0.78%, bullish engulfing candle.
AVGO -4.82, -1.36%, formed a dragonfly doji, 16 cents below Thursday’s low. 
ORCL -2.69, -6.93%, a channel bounce down, below the low of the high day on Thursday.


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


SPY up 3.75 at 664.39, 96.5 million shares, above average volume.
VIX down -4.53 at 20.78,
QQQ up 3.94 at 603.93

AXP, AAPL, V, IBM led DJIA, 22 advancers, +14
KVUE, AXP, GILD, EL led SPX, 361 advancers,
GILD, WDAY, AXON, ISRG led NDX, 75 advancers.

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

The SPY MFC green line turned up at 68.2, price action remains above the high of the low day September 25, in a five-day trading range and is short-term bullish. +4.5

Nine of eleven sectors were higher on Friday led by XLP, XLY and XLE. 

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

The 6-month intermediate trend breakout is up.  The ten-day trend is down a little.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendSideways


75 of 100 NDX stocks closed higher on Friday.

49 NDX stocks are above their 30 DMA: MNST, MU, INTC, PANW, TSLA, TTWO, ASML, LRCX, DDOG, WBD, ZS, MRVL, CRWD, CEG, PLTR, AMAT, FTNT, MRVL, CSX, XEL, EA, EXC, AEP, VRTX, AMD, AMGN, ARM, AZN, TTD, GILD, PEP, AAPL, AVGO, GFS, GOOGL, KLAC, ON, ROST, ABNB, CSCO, KDP, MCHP, CCEP, NVDA, SBUX, ISRG, MDLZ, MSFT, REGN,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 4
ISRG, MDLZ, MSFT, REGN,


Moving Below 30 DMA = 2
DASH, IDXX,



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Thursday, October 16, 2025

SPX, NDX, DJI Pullback into 4-day Trading Range as Breadth Weakened...Technology Led Sectors...NVDA, AVGO, ORCL Rose...


© 2025


SPX -41.99, 6,629, its largest decline since last Friday, pulling back into congestion, forming a short-term trading range.  Breadth weakened and turned negative as decliners led advancers on Thursday.  Government shutdown continued for a sixteenth day.  

BK, KEY, MMC, MTB, SCHW, SNA, TRV, USB reported EPS before the open.  CSX and IBKR reported after the close on Thursday.


A pullback into a short-term congestion zone or what we call a grinder.  The four-week trend is sideways, and the three- and six-month trends are still up.  Dave

NDX -0.36%, pullback into short-term congestion. 

DJI, 45,952, -0.65%, a bull flag bounce pulls back led by V, GS and TRV.

NVDA +1.98, +1.10%, breakout test.
AVGO +7.20, +2.09%, channel bounce. 
ORCL +9.38, +3.08%, channel bounce.


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


SPY down -4.53 at 660.64, 110.4 million shares, above average volume.
VIX up 4.67 at 25.31, its highest close since April 24.
QQQ down -2.23 at 599.99

CRM, PG, CAT, NVDA led DJIA, 8 advancers, -6
JBHT, MU, ON, NEM, WDC led SPX, 135 advancers,
MU, ON, KDP, ODFL led NDX, 33 advancers.

Up:  
DownQQQ, DIA, SPY, IWM, 

The SPY MFC green line is down at 63.7, price action remains above the high of the low day September 25 in a four day grinder channel and is neutral. -7.3

One of eleven sectors was higher on Thursday led by XLK, XLV and XLRE. 

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

The 6-month intermediate trend breakout is up.  The ten-day trend is down.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendSideways


33 of 100 NDX stocks closed higher on Thursday.

47 NDX stocks are above their 30 DMA: MNST, MU, INTC, PANW, TSLA, TTWO, ASML, LRCX, DDOG, DASH, WBD, ZS, MRVL, CRWD, CEG, PLTR, AMAT, FTNT, MRVL, CSX, XEL, EA, EXC, AEP, VRTX, AMD, AMGN, ARM, AZN, TTD, GILD, PEP, AAPL, AVGO, GFS, GOOGL, KLAC, ON, ROST, ABNB, CSCO, KDP, IDXX, MCHP, CCEP, NVDA, SBUX,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 3
CCEP, NVDA, SBUX,


Moving Below 30 DMA = 5
COST, MAR, MSFT, REGN, WDAY,



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Wednesday, October 15, 2025

RUT, NDX, SPX Closed Higher...RUT Makes New All-time Closing High...Real Estate, Utilities, Technology Led Sectors...


© 2025


SPX +26.75, 6,671, higher open followed by a trading range led to a higher close on Wednesday.  Breadth weakened again but remained positive as advancers led decliners on Wednesday.  Government shutdown continued for a fifteenth day.

A bounce that resulted in close above the high of the following day in the broad market. The six-month trend is still up.  Dave

NDX +0.68%, bounce up from support reversed Tuesday’s pullback.  RUT, IWM make new all-time closing high.

DJI, 46,270, -0.04%, a bull flag bounce pause day, advancers offset by TRV, HON and CRM.

NVDA -0.20, -0.11%, breakout test.
AVGO +7.20, +2.09%, channel bounce. 
ORCL +4.62, +1.55%, continues channel bounce.


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


SPY up 2.94 at 665.17, 81.4 million shares, above average volume
VIX down -0.17 at 20.64
QQQ up 4.22 at 602.22

WMT, IBM, CSCO, CAT led DJIA, 14 advancers, -6
BG, AMD, FSLR, WDC led SPX, 246 advancers,
AMD, KLAC, LRCX, AMAT led NDX, 52 advancers.

Up: IWM, QQQ, SPY, 
DIA (unchanged),
Down:

The SPY MFC green line is down at 71, price action remains above the high of the low day September 25 and is short-term bullish. -5.2

Seven of eleven sectors were higher and XLF was unchanged on Wednesday led by XLRE, XLU and XLK. 

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

The 6-month intermediate trend breakout is up.  The ten-day trend is down a little.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp


52 of 100 NDX stocks closed higher on Wednesday.

49 NDX stocks are above their 30 DMA: MNST, MU, INTC, PANW, TSLA, TTWO, ASML, LRCX, DDOG, DASH, WBD, ZS, MRVL, CRWD, CEG, PLTR, AMAT, FTNT, MRVL, CSX, XEL, EA, EXC, AEP, VRTX, AMD, AMGN, ARM, AZN, TTD, GILD, PEP, AAPL, AVGO, GFS, GOOGL, KLAC, MSFT, ON, ROST, WDAY, ABNB, COST, CSCO, KDP, MAR, IDXX, MCHP, REGN,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 3
IDXX, MCHP, REGN,


Moving Below 30 DMA = 6
BIIB, CCEP, NFLX, NVDA, PYPL, ROP,



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