©
2025
SPX +39.19, 6,753, closed
over 6,700 for the sixth time, made an all-time closing high white candle. Breadth was stronger and turned positive as Advancers
led decliners and advancing net change capital led declining capital on Wednesday. Government shutdown continued for an eighth
day.
New
high day in NDX and SPX. Dave
NDX +1.19%, all-time
closing high, large white candle.
DJI, 46,601, -0.00%, a
spinning top pause day led by weakness in GS, IBM and AXP.
NVDA +4.07, +2.20%, bull
flag bounce, white candle.
AVGO +9.09,
+2.70%, bounce bullish engulfing candle.
ORCL +4.39,
+1.54%, bullish harami white candle.
Mega caps TSM, AVGO, NVDA, AMZN, TSLA, META, AAPL, MSFT rose
and GOOGL, BRK/B fell on Wednesday.
SPY up +3.99 at 673.11, 60.5 million shares, below average volume,
VIX down 0.94 at 16.30
QQQ up +6.93 at 611.44
CAT, NVDA, CSCO, UNH led DJIA, 14 advancers, -1
AMD,
DELL, ANET, SMCI led SPX, 264 advancers,
AMD, ZS, MRVL, DDOG led NDX, 64 advancers.
Up: QQQ, IWM, SPY, DIA,
Down:
The SPY
MFC green line turned up on a new high close at 94.8, price action is short-term bullish. +0.4
Six
of eleven
sectors were higher on Wednesday led by XLK, XLI and XLU.
Uptrend sectors: XLK, 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 Trend: Up a little
64 of 100 NDX stocks closed higher on Wednesday.
56 NDX stocks are above their 30
DMA: GOOGL, PDD, BKR, APP, 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, CHTR, ADBE, EA, EXC, GFS, MSFT, PCAR, AEP, CSCO, EA, VRTX, AMD,
BIIB, AMGN, ARM, AZN, MAR, PYPL, TTD, GILD, MCHP, NFLX, ODFL, ON,
ROP,
NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 5
MCHP, NFLX, ODFL, ON, ROP,
Moving Below 30 DMA = 2
MDLZ, REGN,
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