Monday, December 1, 2025

NDX, SPX, DJI Closed Lower after the Thanksgiving Holiday...Energy, Consumer Discretionary, Technology Led Sectors...


© 2025


SPX -36.46, 6,812, after five up days the SPX pulled back Monday, reversing Friday 36-point.  Breadth weakened as decliners led advancers.  The SPX is just 1.56% below its all-time high on October 29. 

NDX -0.36%, paused but stayed above its 30-DMA.
DJI, 47,289, -0.90%, closed lower, led by GS, AMGN and CAT.

NVDA +2.92, +1.65%, opened lower, closed higher and above last Tuesday which was the low day.
AVGO -16.88, -4.19%, did a BO test.


Mega caps NVDA, AAPL, AMZN rose and TSLA, BRK/B, MSFT, META, TSM, LLY, GOOGL, AVGO fell on Monday. 


SPY down -3.12 at 680.27, 61.0 million shares, below average volume.
VIX up +0.89 at 17.24,
QQQ down -2.08 at 617.17

DIS, NKE, NVDA, AAPL led DJIA, 9 advancers, -16
SNPS, DECK, APP, DASH, JBHT led SPX, 138 advancers,
SNPS, APP, DASH, ODFL led NDX, 35 advancers.

Up:
Down: QQQ, SPY, DIA, IWM,

The SPY MFC green line is pointed up at 68.3, and price-action is short-term bullish. +10.9  

Three of eleven sectors were higher on Monday led by XLE, XLY and XLK. 

Uptrend sectorsXLV, 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 TrendUp a little


35 of 100 NDX stocks closed higher on Monday.

49 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, KDP, LRCX, MRVL, ON, PEP, TXN, VRSK, AMZN, APP, DXCM, INTC, ODFL, SNPS, TTWO,


NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 3
ODFL, SNPS, TTWO,


Moving Below 30 DMA = 5
CEG, CSX, EXC, KLAC, XEL,



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