SMO Exclusive: 2025-01-17 SP500 5Average (Strengthened 1 rating), NDX 5Average (Strengthened)

Brian Degracia

18 Jan 2025 • 3 min read

Broad strengthening throughout the sectors that comprise the indexes.

This post provides the following information.

I. Background
II. What Do The Pies Say?
III. Indexes - Component Sectors, 1Strongest / 9Weakest Stocks
IV. Stocks at 5+ Year Highs and Lows

I. Background

This analysis provides a Stock Market Organizer summary view of the S&P 500 and Nasdaq 100 for the week ended Friday, 01/17/25. This means this is a stock-by-stock strength analysis of the component stocks for each index, aggregated upward in level to the sector and index levels.

This purposely excludes the Dow Industrials. This analysis is more impactful the more the stocks analyzed. In turn, I pay minimal attention to the strength scores calculated for the NDX sectors, except for Technology which has 47 stocks.

Key note: the current "Risk On" Market Strength Score and the Sector Risk Gauge changed to positive after trading yesterday, January 16, 2025.

II. What Do The Pies Say?

The following shows the comparison between the two indexes and their prior week performance of the following:

Positive:Negative Stocks
Stocks rated 1Strongest vs. 9Weakest vs. Other (all ratings between 2Very Strong and 8Very Weak)

All stocks in each index rated 1Strongest or 9Weakest are listed in the section below named "Indexes - Component Sectors, 1Strongest / 9Weakest Stocks" which provides detail for each index.

Current Week Pies - Week Ending 1/17/25

Positive week for both indexes, >80% positive and the S&P500 strengthened one rating from 6Weak last week to 5Average this week.

Previous Week Pies - Week Ending 1/10/25

Last week only 1 in 4 stocks were positive.

III. Indexes - Component Sectors, 1Strongest / 9Weakest Stocks

S&P 500 - Week Ending 1/17/25

Nasdaq 100 - Week Ending 1/17/25

IV. Stocks at 5+ Year Highs and Lows

The following section provides details regarding multi-year highs and lows for the two indexes.

Current Week - Week Ending 1/17/25

For the week ending Friday, January 17, 2025 there are 31 multi-year highs and 5 multi-year lows for the S&P500. The Nasdaq 100 had a ratio of 6:2. Compare this to the week ending Friday, January 10, 2025 where the S&P500 ratio was 7:12 and the Nasdaq 100 ratio was 2:2.