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2025
SPX +16.74, 6,829, resumed last week’s upward momentum
after Monday’s pause. Breadth was mixed
but strengthened from Monday as advancing capital was greater than declining
capital and VIX moved lower. The SPX
is just 1.31% below its all-time high on October 29.
NDX +0.84%, continued it channel bounce on Tuesday.
DJI, 47,474, +0.39%, closed
lower, led by BA, CAT and GS.
NVDA +1.54, +0.86%, opened
and closed higher.
AVGO -4.51,
-1.17%, BO test forms bull flag.
Mega caps TSM, AAPL, META, NVDA, MSFT, GOOGL, AMZN rose and
TSLA, BRK/B, LLY, AVGO fell on Tuesday.
SPY up +1.26 at 681.53, 62.7 million shares, below average volume.
VIX down -0.65 at 16.59,
QQQ up +4.83 at 622.00
BA, CAT, HON, CSCO led DJIA, 16 advancers, +7
BA, INTC, NXPI, MCHP, TER led SPX, 215 advancers,
MDB, INTC, NXPI, MCHP led NDX, 74 advancers.
Up: QQQ, DIA, SPY,
Down: IWM,
The SPY
MFC green line continues to point up at 74.9, and price-action is short-term bullish.
+6.6
Three of eleven sectors
were higher on Tuesday led by XLK, XLI 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 a little
74 of 100 NDX stocks closed higher on Tuesday.
55 NDX stocks are above their 30
DMA: WBD, MRVL, 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, KDP, LRCX, MRVL, ON, PEP, TXN, VRSK, AMZN, APP, DXCM,
INTC, ODFL, SNPS, TTWO, BKNG, CEG, COST, FTNT, KLAC, MDB, NXPI,
NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 7
BKNG, CEG, COST,
FTNT, KLAC, MDB, NXPI,
Moving Below 30 DMA = 1
AEP,
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