Thursday, October 9, 2025

A Pause Day in SPX, NDX...Breadth Weakens Slightly on Below Average Volume...Consumer Staples Led Sectors...


© 2025


SPX -18.61, 6,735, closed over 6,700 for the seventh time, made a new intraday high before closing slightly lower.  Breadth was weaker on Thursday.  Government shutdown continued for a ninth day.

A pause day in NDX and SPX after an all-time high yesterday, below average volume.  Broad market continues in an intermediate term uptrend. Dave

NDX -0.15%, pause day bounce at Wednesday’s S-1 level. 

DJI, 46,358, -0.52%, four-day bull flag, pullback led by weakness in BA, TRV and HD.

NVDA +3.46, +1.83%, breakout new high.
AVGO -0.48, -0.14%, pause day bounce above Wednesday’s S-1 level. 
ORCL +8.83, +3.06%, bounce continuation white candle.


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


SPY down -1.95 at 671.16, 66.3 million shares, below average volume,
VIX up +0.13 at 16.43
QQQ down -0.74 at 610.70

CRM, NVDA, MRK, AMZN led DJIA, 10 advancers, -4
ALB, KVUE, DAL, PEP led SPX, 120 advancers,
MELI, PEP, CEG, COST led NDX, 29 advancers.

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

The SPY MFC green line turned down at 94.1, price action is short-term bullish. -0.7

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

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 TrendSideways


29 of 100 NDX stocks closed higher on Thursday.

56 NDX stocks are above their 30 DMA: GOOGL, PDD, BKR, AAPL, MNST, MU, INTC, PANW, QCOM, TSLA, TTWO, MDB, AVGO, ASML, LRCX, DDOG, KLAC, DASH, WBD, ZS, MRVL, CRWD, CEG, PLTR, AMAT, FTNT, MELI, WDAY, MRVL, NVDA, CSX, FANG, XEL, ROST, ADBE, EA, EXC, GFS, MSFT, PCAR, AEP, CSCO, EA, VRTX, AMD, BIIB, AMGN, ARM, AZN, MAR, PYPL, TTD, GILD, MCHP, NFLX, ON, ROP, AMZN, COST, PEP,  

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 3
AMZN, COST, PEP,  


Moving Below 30 DMA = 3
APP, CHTR, ODFL,



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