©
2026
SPX -29.98, 6,939, opened lower
and fell a total of -75 points, followed by
an afternoon rally to close lower. Breadth
weakened as decliners increased on both the NYSE and NASDAQ
exchanges. The selloff primarily occurred
in technology, which was the weakest sector led by APP -16.89%, KLAC -15.24%, WDC -10.12% and STX -8.71%.
SMH -3.37% opened lower
and trended lower to a lower close led by KLAC, AMD, LRCX, AMAT, MU and
INTC which fell more than 4% each on Friday.
DECK +19.46%,
SNDK +6.85% and AAPL +0.46%,
rose on positive earnings reactions and KLAC -15.24%
and WDC -10.12% fell
after reporting both EPS and sales beat.
SPY traded above average volume of 101.8
million shares on Friday.
VIX closed +0.56, up at 17.44.
NDX -1.28%, mid-channel
BO test and re-BO setup, -2.17% below all-time closing high on October 29, 2025.
DJI, 48,892, -0.36%, red
hammer candle.
Mega caps TSLA, LLY, BRK/B, AAPL, AVGO rose and GOOGL, NVDA, MSFT, AMZN, TSM, META fell on Friday.
Up:
Down: DIA, SPY, QQQ, IWM,
The SPY
MFC green line is up to 86.3, and
price-action is short-term bullish. +2.3
Five of eleven sectors
were higher on Friday led by XLP, XLE and XLV. Technology -2.04% was the worst performing sector led by APP, KLAC, WDC, STX.
36
of 100
NDX stocks closed higher on Friday.
50 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, ROST,
CHTR, CTAS, TMUS,
NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 3
CHTR, CTAS, TMUS,
Moving Below 30 DMA = 2
MAR,
NXPI,
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