©
2026
SPX -9.02, 6,969, opened
flat before falling -106 points followed by a day-long recovery to close
slightly lower. Breadth strengthened
as advancers increased on both the NYSE and NASDAQ exchanges, but
decliners still led on the NASDAQ. The
selloff was primarily led by mega-cap MSFT -9.99%,
which had a negative EPS reaction notwithstanding its sales and EPS
beat Wednesday after the market closed.
SMH +0.21% opened
higher sold off with the tech and the SPX, before recovering to make a new
high close on Thursday, as LRCX, ASML, AMAT, TXN, NVDA and MU
rose.
After
the close, SNDK +14.59%,
DECK +12.11%, AAPL +0.72%, WDC +1.01%,
rose on positive earnings reactions and KLAC -7.66% fell
after both EPS and sales beat.
SPY traded above average volume of 96.6
million shares on Thursday.
VIX closed +0.53, flat at 16.88.
NDX -0.53%, mid-channel
BO test and re-BO, -0.90% below all-time closing high on October 29, 2025.
DJI, 49,071, +0.11%, white
engulfing candle.
Mega caps META, AAPL, BRK/B, GOOGL, NVDA, LLY rose and AMZN, AVGO, TSM, TSLA, MSFT fell on Thursday.
Up: IWM, DIA,
Down: SPY, QQQ,
The SPY
MFC green line is up to 86.3, and
price-action is short-term bullish. +2.3
Six of eleven sectors
were higher and XLU was unchanged on Thursday led by XLC, XLRE and
XLF. Technology -1.58% was the worst performing
sector led by MSFT -9.99%.
39
of 100
NDX stocks closed higher on Thursday.
49 NDX stocks are above their 30
DMA: MNST, PCAR, ADI, AMAT,
WDC, TXN, DXCM, ODFL, BKNG, MCHP, CMCSA, LIN, HON, KLAC, LRCX, MU, ASML, GOOGL,
INTC, MPWR, STX, BKR, SBUX, COST, CPRT, FAST, AEP, MDLZ, ORLY, AMD, AMGN, XEL, EXC,
GILD, FANG, FER, MELI, VRTX, AMZN, NVDA, CSX, FTNT, META, CSCO, PEP, CCEP, NXPI, MAR, ROST,
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
MAR, ROST,
Moving Below 30 DMA = 7
AZN,
CDNS, CRWD, CSGP, DDOG, MSFT, SNPS,
Add Comments here:
No comments:
Post a Comment