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...


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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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