©
2025
SPX +102.21, 6,554, gapped higher after the President posted
regarding China “it will be all fine!”
Breadth strengthened on Monday. Government
shutdown continued for a thirteenth day.
A
large rally day as NDX and SPX regain more than 50% of Friday’s pullback and
form a bullish harami candle pattern. Dave
NDX +2.18%, bounce
up from support formed bullish harami.
DJI, 46,067, +1.29%, bounced
up from support, formed bullish harami candle, led by strength in GS, CAT and
JPM.
NVDA +5.16, +2.82%, bounces after breakout
test.
AVGO +32.07,
+9.88%, rallies after OpenAI deal.
ORCL +15.05,
+5.14%, continues channel bounce BO of grinder.
Mega caps AVGO, TSM, TSLA, GOOGL, NVDA, AMZN, META, AAPL, MSFT,
BRK/B rose on Monday.
SPY up +10.02 at 663.04, 79.5 million shares, above average volume
VIX up down -2.63 at 19.03
QQQ +12.51 at 602.01
NKE, GS, CRM, NVDA led DJIA, 22 advancers, +19
BBY, AVGO, ON, GEV led SPX, 78 advancers,
ARM, AVGO, ON, MCHP led NDX, 77 advancers.
Up: IWM, QQQ, SPY, DIA,
Down:
The SPY
MFC green line turned down at 80.1,
price action moves above the high of the low day and is short-term bullish.
-5.1
Nine
of eleven
sectors were higher on Monday led by XLK, XLY and XLB.
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 sideways.
3-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Down
77 of 100 NDX stocks closed higher on Monday.
46 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, NVDA, CSX, XEL, EA, EXC, AEP, VRTX, AMD, BIIB, AMGN, ARM, AZN, PYPL, TTD,
GILD, NFLX, PEP, AAPL, AVGO, GFS, GOOGL, KLAC, MSFT, ON, ROP, ROST, WDAY,
NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 10
AAPL, AVGO, GFS, GOOGL, KLAC, MSFT, ON, ROP, ROST, WDAY,
Moving Below 30 DMA = 0
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