©
2025
SPX +0.44, 6,715, closed
over 6,700 for the third time in three days, made an intra-day high of 6,750, barely made an all-time closing high
after a mid-day selloff that correlated with Fed speakers Logan and Jefferson. Breadth was mixed but strengthened on Friday.
Government shutdown
continues for a third day.
An SPX and NDX pause day in a six-month in an uptrend. Dave
NDX +0.43%, breakout
test pullback day.
DJI, 46,758, +0.51%, a new all-time closing high led by
strength in GS, CAT and UNH.
Health Care,
XLV +6.88% led all sectors this week by more than double the return.
NVDA -1.27, +0.67%, pullback
test after Tuesday’s breakout.
AVGO +0.19,
+0.06%, a black spinning top candle.
ORCL -2.64,
-0.91%, another spinning top candle.
Mega caps TSM, BRK/B, AAPL, MSFT, AVGO rose and GOOGL, NVDA, AMZN, TSLA, META fell on Friday.
SPY down .0.01 at 669.21, 70.4 million shares, average volume,
VIX up +.02 at 16.65
QQQ down -2.55 at 603.18
UNH, TRV, CAT, JNJ led DJIA, 21 advancers, +7
HUM,
CNC, CI, EBAY led SPX, 322 advancers,
CHTR, FANG, BIIB, MU led NDX, 49 advancers.
Up: IWM, DIA,
Down: SPY, QQQ,
The SPY
MFC green line is pointed up at 94.2,
price action is short-term
bullish. +1.5
Eight
of eleven
sectors were higher on Friday led by XLU, XLV and XLF.
Uptrend sectors: XLK, XLU, XLV, XLC,
XLY, XLI, 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
49 of 100 NDX stocks closed higher on Friday.
60 NDX stocks are above their 30
DMA: GOOGL, PDD, BKR, APP, AAPL,
MNST, MU, INTC, PANW, QCOM, TSLA, TTWO, MDB, ADSK, AVGO, ASML, LRCX, DDOG,
KLAC, DASH, WBD, ZS, MRVL, CRWD, CEG, PLTR, AMAT, FTNT, MELI, WDAY, MRVL, INTU,
NVDA, CSX, FANG, XEL, ROST, CHTR, ORLY, ADBE, EA, EXC, GFS, MSFT, PCAR, AEP,
CSCO, EA, VRTX, AMD, BIIB, GEHC, AMGN, ARM, AZN, MSTR, REGN, MAR, MCHP, NXPI,
PYPL, SBUX, TTD, MDLZ,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 1
MDLZ,
Moving Below 30 DMA = 0
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