©
2025
SPX +36.48, 6,849, opened
higher, closed higher for a fifth day and has now recovered 82% of its 18-day
pullback which started on Oct 29 until November 21 when it reversed up. Breadth remained positive on Friday’s
half day of trading following the Thanksgiving Day holiday. The SPX is
now just 1% below its all-time high on October 29.
NDX +0.78%, continued its channel bounce above its
30-DMA.
DJI, 47,716, +0.61%, opened
higher, closed higher, led by GS, MSFT and JPM.
NVDA -3.26, -1.81%, opened lower,
closed below Wednesday’s low and below the high of Tuesday which was the low
day .
AVGO +5.39,
+1.36%, again hit a new all-time closing high.
Mega caps META, AMZN, AVGO, MSFT, TSLA, TSM, BRK/B, AAPL, GOOGL rose
and NVDA, LLY fell on Friday.
SPY up +3.71 at 683.39, 49.2 million shares, below average volume.
VIX down -0.86 at 16.35,
QQQ up +4.98 at 619.25
AMZN, IBM, JPM, MSFT led DJIA, 25 advancers, +4
INTC, MRNA, SNDK, WDC led SPX, 381 advancers,
INTC, ADI, MU, PANW led NDX, 88 advancers.
Up: QQQ, DIA, IWM, SPY,
Down:
The SPY
MFC green line is pointed up at 57.4,
and price-action rose for a fifth day and is short-term
bullish. +16.4
Ten of eleven sectors
were higher on Friday led by XLE, XLK and XLC.
Uptrend sectors: XLV, XLK, XLU,
XLE, XLC, XLY, XLI,
Neutral sectors: XLF, XLRE, XLB,
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
88 of 100 NDX stocks closed higher on Friday.
51 NDX stocks are above their 30
DMA: WBD, MRVL, AEP, AMGN, AAPL,
GOOGL, ROST, CSCO, ISRG, BIIB, CTSH, REGN, IDXX, MAR, AZN, BKR, FANG,
MNST, GILD, ORLY, GEHC, KHC, PCAR, VRTX, ADI, AMAT, AVGO, EA, GFS, MU, CCEP,
LULU, SBUX, ADSK, ASML, CSX, KDP, LRCX, MRVL, ON, PEP, TXN, VRSK, XEL, AMZN,
APP, CEG, DXCM, EXC, INTC, KLAC,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 7
AMZN, APP, CEG,
DXCM, EXC, INTC, KLAC,
Moving Below 30 DMA = 0
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