DJI a New All-time Closing High, SPX Closed Slightly Higher as NDX, RUT Closed Slightly Lower as House Vote Expected...Health Care, Financial, Basic Materials Led Sectors...

© 2025

SPX +4.31, 6,850, a very modest increase, closed above 6,800.  Breadth weakened on Wednesday, as decliners led advancers.  Advancing capital did increase primarily because of buying in AMD stock today, after AMD raised guidance at Tuesday’s analyst day presentation.  Government shutdown continued for the forty-third day but as many have expectations of potential House a vote on Wednesday. It does seem as if buyers are in a modest buying mode until a House vote occurs.

SPY opened higher, pulled back, bounced and made a small advance closing 38 cents higher in its bull flag bounce.  The visual evidence continues to indicate that the intermediate trend is more probable to continue.  Remember to make a higher low the trend must pull back from a higher high.  The four-week SPY trend is up.  The three- and six-month trends are up.  Dave

Earnings: There are 8 SPX earnings reports this week including CSCO on Wednesday and DIS, AMAT on Thursday. 

NDX -0.06%, pause for a second day after Monday’s bull flag bounce. 

DJI, 48,254, +0.68%, breakout to a new all-time closing high, led by GS, UNH and CAT.

NVDA +0.64, +0.33%, EPS on November 19 AMC..

AVGO +3.26, +0.93%, bull flag setup.

ORCL -9.16, -3.88%, channel bounce down.

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

SPY up +0.38 at 683.38, 61.4 million shares, below average volume.

VIX up +0.23 at 17.51,

QQQ down -0.49 at 621.08

UNH, GS, CSCO, NKE led DJIA, 21 advancers, -5

AMD, ALB, UAL, CMG led SPX, 294 advancers,

AMD, ADI, CDW, CSCO led NDX, 53 advancers.

Up: DIA, SPY,

Down: QQQ, IWM,

The SPY MFC green line is pointed up at 67.7, and price-action is short-term bullish. +3.1

Six of eleven sectors were higher on Wednesday led by XLV, XLF and XLB. 

Uptrend sectors: XLK, XLV, XLY, XLI, XLC, XLU, XLF, XLE,

Neutral sectors: XLB, XLRE,

Down trend sectors: XLP,

The 6-month intermediate trend breakout is up.  The ten-day trend is down a little.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

53 of 100 NDX stocks closed higher on Wednesday.

44 NDX stocks are above their 30 DMA: MU, LRCX, WBD, ZS, CRWD, AMAT, MRVL, EA, AEP, AMD, AMGN, AAPL, GOOGL, KLAC, ROST, CSCO, ISRG, BIIB, MDB, QCOM, CTSH, MRVL, PDD, AMZN, REGN, IDXX, MAR, PCAR, AZN, DDOG, BKR, CCEP, FANG, MNST, SBUX, AVGO, NVDA, VRTX, GILD, ADI, ASML, BKNG, KDP, NFLX,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 5

ADI, ASML, BKNG, KDP, NFLX,

Moving Below 30 DMA = 5

ODFL, PANW, PLTR, TEAM, XEL,

Add Comments here:

DJI, SPX, RUT Closed Higher, NDX Paused on Tuesday...Health Care, Consumer Staples, Energy Led Sectors, Technology the Sole Sector Decliner...

© 2025

SPX +14.63, 6,846, closed above 6,800.  Breadth weakened on Tuesday, but advancers did remain positive.  Government shutdown continued for the forty-second day but the Senate vote was a positive development and some seem optimistic about the outcome on the House a vote. A step in the right direction.

SPY after a pause morning continued its bull flag bounce.  The visual evidence continues to indicate that the intermediate trend is more probable to continue rising.  Remember an uptrend is a series of higher highs and higher lows.  The four-week SPY trend is up.  The three- and six-month trends are up.  Dave

Earnings: There are 8 SPX earnings reports this week including CSCO on Wednesday and DIS, AMAT on Thursday. 

NDX -0.30%, a pause day after Monday’s bull flag bounce. 

DJI, 47,927, +1.18%, bull flag bounce continuation, led by AMGN, GS and MCD.

NVDA -5.89, -2.96%, re-breakout setup.

AVGO -6.43, -1.79%, pullback to bull flag setup.

ORCL -4.68, -1.94%, channel bounce down.

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

SPY up +1.56 at 683.00, 58.7 million shares, below average volume.

VIX down -0.32 at 17.28,

QQQ down -1.66 at 621.57

MRK, AMGN, NKE, JNJ led DJIA, 26 advancers, +6

VTRS, PSKY, MRNA, DXCM led SPX, 343 advancers,

DXCM, AMGN, GILD, REGN led NDX, 57 advancers.

Up: DIA, SPY, IWM

Down: QQQ,

The SPY MFC green line turned up at 64.6, and price-action is short-term bullish. +4.2

Ten of eleven sectors were higher on Tuesday led by XLV, XLP and XLE. 

Uptrend sectors: XLK, XLV, XLY, XLI, XLC, XLU, XLF, XLE,

Neutral sectors: XLB, XLRE,

Down trend sectors: XLP,

The 6-month intermediate trend breakout is up.  The ten-day trend is down a little.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up 

57 of 100 NDX stocks closed higher on Tuesday.

44 NDX stocks are above their 30 DMA: MU, LRCX, WBD, ZS, CRWD, AMAT, MRVL, EA, AEP, AMD, AMGN, AAPL, GOOGL, KLAC, ROST, CSCO, ISRG, BIIB, MDB, QCOM, CTSH, MRVL, PDD, AMZN, REGN, IDXX, MAR, PCAR, AZN, DDOG, BKR, CCEP, FANG, MNST, SBUX, TEAM, AVGO, NVDA, PANW, PLTR, VRTX, GILD, ODFL, XEL,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 3

GILD, ODFL, XEL,

Moving Below 30 DMA = 4

APP, ASML, INTC, TSLA,

Add Comments here:

NDX, SPX, DJI Bounced Above Friday's Reversal Move as VIX Falls...Technology, Consumer Discretionary, Communication Services Led Sectors...PLTR, WDC, MU, NVDA Led Tech Stocks...

© 2025

SPX +103.63, 6,832, closed above 6,800.  Breadth strengthened on Monday as advancers and advancing capital increased significantly.  Government shutdown continued for the forty-first day.  The Senate passed a funding measure with 60 votes that now goes to the House for a vote. A step in the right direction.

SPY bull flag bounced above Friday’s hammer.  The visual evidence continues to indicate that the intermediate trend is more probable to continue rising.  Remember an uptrend is a series of higher highs and higher lows.  The four-week SPY trend is up.  The three- and six-month trends are up.  Dave

Earnings: There are 8 SPX earnings reports this week including CSCO on Wednesday and DIS, AMAT on Thursday. 

NDX +2.20%, bull flag bounce above Friday’s hammer. 

DJI, 47,368, +0.81%, bull flag bounce above Friday’s hammer, led by NVDA, GS and MSFT.

PLTR +15.68, +8.81%, re-breakout and WDC +11.26, +6.91%, all-time new high close.

NVDA +10.90, +5.79%, re-breakout and bull flag bounce.

AVGO +8.96, +2.56%, bull flag bounce.

ORCL +1.57, +0.66%, modest channel bounce close above the high of Friday’s doji.

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

SPY up +10.47 at 681.47, 75.1 million shares, average volume.

VIX down -1.48 at 17.60,

QQQ up +13.49 at 623.23

NVDA, MSFT, MMM, AMZN led DJIA, 20 advancers, +10

PLTR, WDC, ALB, MU led SPX, 314 advancers,

PLTR, MU, NVDA, APP led NDX, 73 advancers.

Up: QQQ, SPY, DIA, IWM

Down:

The SPY MFC green line is pointed down at 60.4, price-action bounced above the high of Friday’s hammer and is short-term bullish. -1.0

Eight of eleven sectors were higher on Monday led by XLK, XLY and XLC. 

Uptrend sectors: XLK, XLV, XLY, XLI, XLC, XLU, XLF, XLE,

Neutral sectors: XLB, XLRE,

Down trend sectors: XLP,

The 6-month intermediate trend breakout is up.  The ten-day trend is down a little.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up a little 

73 of 100 NDX stocks closed higher on Monday.

45 NDX stocks are above their 30 DMA: MU, LRCX, WBD, ZS, CRWD, AMAT, MRVL, EA, AEP, AMD, AMGN, AAPL, GOOGL, KLAC, ROST, CSCO, ISRG, BIIB, MDB, QCOM, CTSH, MRVL, PDD, AMZN, REGN, IDXX, MAR, PCAR, AZN, DDOG, BKR, CCEP, FANG, INTC, MNST, SBUX, TEAM, APP, ASML, AVGO, NVDA, PANW, PLTR, TSLA, VRTX,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 8

APP, ASML, AVGO, NVDA, PANW, PLTR, TSLA, VRTX,

Moving Below 30 DMA = 3

GILD, ODFL, XEL,

Add Comments here:

Broad Selloff Pivots at Noon as SPX, NDX Form Hammer on Afternoon Rally...Consumer Staples, Energy, Utilities Led Sectors...

© 2025

SPX +8.48, 6,728, closed below 6,800.  Breadth strengthened on Friday as advancers and advancing capital increased.  Government shutdown continued for the thirty eighth day.  Apparently, politicians continue to prioritize their political objectives over a fully functioning government. 

SPY hits an intraday low before reversing and forming a hammer on an 8-day pullback breakout test.  The visual evidence continues to indicate that even with the short-term pullback, the intermediate trend is more probable to continue rising.  Remember an uptrend is a series of higher highs and higher lows.  To be an uptrend there must be a pullback to a higher low.  The four-week SPY trend is up.  The three- and six-month trends are up.  Dave

Earnings: There are 8 SPX earnings reports next week including CSCO on Wednesday and DIS, AMAT on Thursday. 

NDX -0.28%, 7-day bull flag pullback, formed hammer. 

DJI, 46,912, +0.16%, 8-day bull flag pullback formed hammer, led by MMM, DIS and AMGN.

EXPE +38.55, +17.55%, a positive EPS reaction and AKAM +10.74, +14.71%, a positive EPS reaction.

NVDA +0.07, +0.04%, hammer in a bull flag pullback.

AVGO -6.06, -1.73%, hammer in a re-breakout setup.

ORCL -4.54, -1.86%, remained below short and intermediate-term support, form dragonfly doji.

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

SPY up +.66 at 670.97, 100.5 million shares, above average volume.

VIX down -0.42 at 19.08,

QQQ down -1.93 at 609.74

KO, SHW, AMGN, CVX led DJIA, 20 advancers, +10

EXPE, AKAM, SOLV, NWSA led SPX, 391 advancers,

MNST, SBUX, DASH, MAR led NDX, 60 advancers.

Up: IWM, DIA, SPY,

Down: QQQ,

The SPY MFC green line is pointed down at 61.4 and price-action is defensive. -6.0

Nine of eleven sectors were higher on Friday led by XLP, XLE and XLU. 

Uptrend sectors: XLK, XLV, XLY, XLI, XLC, XLU, XLF, XLE,

Neutral sectors: XLB, XLRE,

Down trend sectors: XLP,

The 6-month intermediate trend breakout is up.  The ten-day trend is down.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down a little 

60 of 100 NDX stocks closed higher on Friday.

40 NDX stocks are above their 30 DMA: MU, LRCX, WBD, ZS, CRWD, AMAT, MRVL, EA, AEP, AMD, AMGN, GILD, AAPL, GOOGL, KLAC, ROST, CSCO, ISRG, BIIB, MDB, QCOM, CTSH, MRVL, PDD, AMZN, REGN, IDXX, MAR, PCAR, AZN, DDOG, BKR, CCEP, FANG, INTC, MNST, ODFL, SBUX, TEAM, XEL,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 9

BKR, CCEP, FANG, INTC, MNST, ODFL, SBUX, TEAM, XEL,

Moving Below 30 DMA = 4

ASML, AVGO, TSLA, VRTX,

Add Comments here:

SPX, DJI, NDX Closed Lower...Energy, Health Care Led Sectors...DDOG Positive EPS Reaction, DASH Negative EPS Reaction...

© 2025

SPX -75.97, 6,720, closed below 6,800.  Breadth weakened on Thursday as decliners and declining capital increased.  Government shutdown continued for the thirty seventh day.  Apparently, politicians continue to prioritize their political objectives over a fully functioning government. 

SPY breaks 2-day support and closes lower on a 7-day pullback breakout test.  The visual evidence continues to indicate that even with the short-term pullback, the intermediate trend is more probable to continue rising.  Remember an uptrend is a series of higher highs and higher lows.  To be an uptrend there must be a pullback to a higher low.  The four-week SPY trend is up.  The three- and six-month trends are up.  Dave

Earnings: There have been more than 130 SPX earnings reports this week.

BEN CEG DUK KKR report EPS before the open on Friday. 

NDX -1.91%, 6-day bull flag pullback. 

DJI, 46,912, -0.84%, 7-day bull flag pullback, led by CRM, MSFT and MCD.

DDOG +35.84, +23.13%, a positive EPS reaction and DASH -41.54, -14.45%, a negative EPS reaction.

NVDA -7.13, -3.65%, bull flag pullback.

AVGO -3.39, -0.94%, re-breakout setup.

ORCL -6.51, -2.60%, remained below short and intermediate-term support, eight-week consolidation.

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

SPY down -7.27 at 670.31, 94.9 million shares, above average volume.

VIX up +1.49 at 19.50,

QQQ down -11.61 at 611.67

IBM, MRK, KO, JPM led DJIA, 10 advancers, -4

DDOG, TPL, APA, APD led SPX, 163 advancers,

DDOG, AZN, FANG, BIIB led NDX, 17 advancers.

Up:

Down: DIA, SPY, IWM, QQQ,

The SPY MFC green line is pointed down at 67.4 and price-action is defensive. -5.2

Two of eleven sectors were higher on Thursday led by XLE, XLV and XLF. 

Uptrend sectors: XLK, XLV, XLY, XLI, XLC, XLU, 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 

17 of 100 NDX stocks closed higher on Thursday.

35 NDX stocks are above their 30 DMA: MU, ASML, LRCX, WBD, ZS, CRWD, AMAT, MRVL, EA, AEP, VRTX, AMD, AMGN, GILD, AAPL, GOOGL, KLAC, ROST, CSCO, ISRG, BIIB, MDB, QCOM, CTSH, AVGO, MRVL, PDD, AMZN, REGN, TSLA, IDXX, MAR, PCAR, AZN, DDOG,

NDX Stocks to Watch on Friday:

Moving Above 30 DMA = 2

AZN, DDOG,     

Moving Below 30 DMA = 13

COST, FTNT, GEHC, GFS, INTC, KDP, MELI, NVDA, ODFL, PANW, PLTR, TEAM, XEL,

Add Comments here:

RUT, NDX, DJI, SPX Move Higher...SPX Recovers 30% of Tuesday's Pullback...Financial, Health Care, Consumer Staples Led Sectors...AMGN, AMD Close Higher on Positive EPS Reactions...

© 2025

SPX +24.74, 6,796, closed just below 6,800.  Breadth strengthened on Wednesday as advancers and advancing capital increased.  Government shutdown continued for the thirty sixth day.  Apparently, politicians continue to prioritize their political objectives over a fully functioning government.  Is it commonly accepted that politicians decisions lead to the outcomes that they generate?

Wednesday’s rally recovers 30% of Tuesday’s pullback.  The visual evidence continues to indicate that the current intermediate trend is more probable to continue rising.  Remember an uptrend is a series of higher highs and higher lows.  To be an uptrend there must be a pullback to a higher low which appears to have occurred on Tuesday.  The four-week SPY trend is up.  The three- and six-month trends are up.  Dave

Earnings: There are more than 130 SPX earnings reports this week.

APD BDX CMI COP DD DDOG EPAM EVRG MRNA NRG PH PODD RL ROK TPR VST VTRS WBD report EPS before the open on Thursday.  ABNB AKAM CPT ED EOG EXPE GEN LNT MCHP MNST MTD NWSA SOLV TTD TTWO WYNN XYZ report after the close.

NDX +0.72%, bull flag pattern. 

DJI, 47,311, +0.48%, bull flag bounce, led by AMGN, CAT and MCD.

AMGN +23.16, +7.81%, a positive EPS reaction and AMD +6.28, +2.51%, EPS beat with initial negative reaction turned positive.

NVDA -3.48, -1.75%, bull flag pullback.

AVGO +7.04, +2.00%, re-breakout setup.

ORCL +2.14, +0.86%, remained below short and intermediate-term support, eight-week consolidation.

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

SPY up +2.34 at 677.58, 73.5 million shares, slightly below average volume.

VIX down -0.99 at 18.01,

QQQ up +4.03 at 623.28

AMGN, CAT, MMM, MCD led DJIA, 14 advancers, +3

EXPD, HSIC, DD, YUM led SPX, 306 advancers,

MU, AMGN, MRVL, LRCX led NDX, 61 advancers.

Up: IWM, QQQ, DIA, SPY,

Down:

The SPY MFC green line is pointed down at 72.6 and price-action closed below Tuesday’s high and is defensive. -5.3

Nine of eleven sectors were higher on Wednesday led by XLF, XLV and XLP. 

Uptrend sectors: XLK, XLV, XLY, XLI, XLC, XLU, 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: Down a little 

61 of 100 NDX stocks closed higher on Wednesday.

46 NDX stocks are above their 30 DMA: MU, PANW, ASML, LRCX, WBD, ZS, CRWD, AMAT, MRVL, XEL, EA, AEP, VRTX, AMD, AMGN, GILD, AAPL, GOOGL, KLAC, ROST, CSCO, ISRG, BIIB, MDB, QCOM, CTSH, TEAM, AVGO, MRVL, NVDA, PDD, PLTR, AMZN, REGN, MELI, TSLA, FTNT, IDXX, COST, MAR, ODFL, GEHC, GFS, INTC, KDP, PCAR,

NDX Stocks to Watch on Thursday:

Moving Above 30 DMA = 5

GEHC, GFS, INTC, KDP, PCAR,     

Moving Below 30 DMA = 2

CSX, DDOG,

Add Comments here:

SPX, NDX, DJI Higher High Pullback to Higher Low...Financial, Health Care, Consumer Staples Led Sectors...Afterhours: AMGN Up, AMD Down...

 

© 2025

SPX -80.42, 6,771, closed below 6,800.  Breadth weakened on Tuesday as negative capital soared.  Government shutdown continued for the thirty fifth day.  Apparently, politicians continue to prioritize their political objectives over a fully functioning government.  Today was “Use Your Common Sense Day.”

Notwithstanding today’s pullback, the visual evidence continues to indicate that the current intermediate trend is more probable to continue rising.  Remember an uptrend is a series of higher highs and higher lows.  To be an uptrend there must be a pullback to a higher low.  The four-week SPY trend is up.  The three- and six-month trends are up.  Dave

Earnings: There are more than 130 SPX earnings reports this week.

BG COR CRL EMR FIS HUM IRM JCI MCD PPL SRE TECH TRGP TRMB ZBH report EPS before the open on Wednesday.  AEE ALB ALL AMCR APA APP ATO CPAY DASH DVN FICO FTNT HOOD HST MCK MET PAYC PTC QCOM STE TKO TPL report after the close.

Afterhours: AMGN +5.95, +2.01%, positive EPS reaction AMD 11.85, -4.74%, EPS beat negative reaction.

NDX -2.07%, bull flag pattern. 

DJI, 47,085, -0.53%, bull flag pull back, led by CAT, NVDA and CRM.

NVDA -8.19, -3.96%, bull flag pullback.

AVGO -10.61, -2.93%, breakout test, bull flag pullback.

ORCL -9.68, -3.75%, remained below short and intermediate-term support, eight week consolidation.

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

SPY down -8.10 at 675.24, 78.4 million shares, slightly above average volume.

VIX up +1.83 at 19.00,

QQQ down -12.83 at 619.25

TRV, MRK, HD, KO led DJIA, 11 advancers, +3

EXPD, HSIC, DD, YUM led SPX, 219 advancers,

MAR, ODFL, ORLY, VRSK led NDX, 29 advancers.

Up:  

Down: DIA, SPY, IWM, QQQ,

The SPY MFC green line is pointed down at 77.9 and price-action is defensive. -6.8

Four of eleven sectors were higher on Tuesday led by XLF, XLV and XLP. 

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 up a little.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down a little 

29 of 100 NDX stocks closed higher on Tuesday.

43 NDX stocks are above their 30 DMA: MU, PANW, ASML, LRCX, DDOG, WBD, ZS, CRWD, AMAT, MRVL, XEL, EA, AEP, VRTX, AMD, AMGN, GILD, AAPL, GOOGL, KLAC, ROST, CSCO, ISRG, BIIB, MDB, QCOM, CTSH, TEAM, AVGO, MRVL, NVDA, PDD, PLTR, AMZN, REGN, MELI, TSLA, CSX, FTNT, IDXX, COST, MAR, ODFL,

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 3

COST, MAR, ODFL,     

Moving Below 30 DMA = 9

ABNB, APP, ARM, AXON, BKR, CEG, GFS, INTC, INTU,

Add Comments here:

NDX, SPX Rise, RUT, DJI Pause...Consumer Discretionary, Technology, Health Care Led Sectors...130+ SPX Earnings this Week...

© 2025

SPX +11.77, 6,851, closed above 6,800 for the sixth time.  Breadth weakened on Monday even as positive net change capital was greater that negative capital.  Government shutdown continued for the thirty fourth day.  Apparently, politicians continue to prioritize their political objectives over a fully functioning government.

The visual evidence indicates that the current intermediate trend is more probable to continue rising.  The four-week SPY trend is up.  The three- and six-month trends are up.  Dave

Earnings: There are more than 130 SPX earnings reports this week.

ADM APO BALL BR CDW ETN EXC EXPD GPN HSIC IT LDOS MAR MEL MPC NCLH PFE SWK TAP UBER WAT YUM ZTS report EPS before the open on Tuesday.  AES AFL AIG AIZ AMD AMGN ANET AXON CTVA ES IFF JKHY LYV MOS MTCH SMCI SWKS report after the close.

NDX +0.44%, bull flag pattern. 

DJI, 47,336, -0.48%, bull flag pull back, led by UNH, CAT and MMM.

NVDA +4.39, +2.17%, bull flag bounce.

AVGO -7.08, -1.92%, breakout test, bull flag pattern.

ORCL -4.76, -1.81%, remained below short and intermediate-term support.

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

SPY up +1.28 at 683.34, 57.1 million shares, below average volume.

VIX down -.27 at 17.17,

QQQ up +3.01 at 632.08

AMZN, NVDA, CSCO, BA led DJIA, 8 advancers, -6

IDXX, KVUE, INCY, EXE led SPX, 186 advancers,

IDXX, MU, AMZN, TEAM led NDX, 40 advancers.

Up: QQQ, SPY,

Down: IWM, DIA,

The SPY MFC green line is pointed down at 84.7 and price-action is short-term bullish. -3.3

Five of eleven sectors were higher on Monday led by XLY, XLK and XLV. 

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 up.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down a little 

40 of 100 NDX stocks closed higher on Monday.

49 NDX stocks are above their 30 DMA: MU, INTC, PANW, ASML, LRCX, DDOG, WBD, ZS, CRWD, AMAT, MRVL, XEL, EA, AEP, VRTX, AMD, AMGN, ARM, GILD, AAPL, GOOGL, KLAC, ROST, ABNB, CSCO, ISRG, BIIB, MDB, QCOM, CTSH, TEAM, AVGO, CEG, MRVL, NVDA, PDD, PLTR, AMZN, AXON, REGN, MELI, TSLA, BKR, CSX, GFS, APP, FTNT, IDXX, INTU,

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 2

IDXX, INTU,    

Moving Below 30 DMA = 7

AZN, CDW, KDP, ODFL, PCAR, TTWO, WDAY,

Add Comments here: