Friday, January 23, 2026

NDX, SPX Closed Higher and DJI, RUT Closed Lower...Semiconductor Stocks Were Down After INTC Issued Disappointing Guidance...


© 2026


SPX +2.26, 6,915, traded in a range on expiration Friday.  Breadth was weaker as decliners led advancers on both the NYSE and NASDAQ exchanges.  SMH -0.68% moved lower after INTC -17.03% reported earnings Thursday after the close, with disappointing guidance.

SPY traded below average volume of 63 million shares on Friday.
VIX closed +0.45, higher at 16.09
NDX +0.34%, channel bounce continuation.
DJI, 49,098, -0.58%, pullback at resistance.


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


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

The SPY MFC green line fell to 61.8, and price-action closed above its 30 DMA and is short-term bullish. -2.4 

Seven of eleven sectors were higher on Friday led by XLB, XLP and XLC.  


48 of 100 NDX stocks closed higher on Friday.

53 NDX stocks are above their 30 DMA: ROST, MNST, PCAR, ADI, AMAT, WDC, TXN, DXCM, ODFL, SNPS, BKNG, NXPI, MCHP, CMCSA, MAR, LIN, HON, AXON, KLAC, LRCX, MU, ASML, GOOGL, INTC, MPWR, STX, BKR, SBUX, COST, CPRT, CTAS, FAST, AEP, MDLZ, ORLY, AMD, AMGN, XEL, EXC, GILD, FANG, FER, MELI, VRTX, AMZN, ARM, CSGP, NVDA, AZN, CDNS, CSX, FTNT, META,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 5
AZN, CDNS, CSX, FTNT, META,


Moving Below 30 DMA = 2
CTSH, EA,



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