DJI, SPX, NDX, RUT Closed Lower as SPX Makes Six Month Low...Breadth Weakened...

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SPX -100.01, 6,506 closed again below its 6-month support.   Breadth weakened and remained negative as decliners increased and led on both the NYSE and Nasdaq exchanges.  Ten sectors were lower.  

NVDA -5.86, -3.28%, fell on 241.3 million shares.  Thursday was the final day of its annual conference GTC 2026.

MU -21.31, -4.81%, day after EPS $12.20 beat 9.21 est., Sales $23.86B beat 19.93 estimate, raised guidance, increased dividend.  More than 22 analysts raised price targets between $40 and $350.  Daiwa raised PT to $700, and HSBC raised its PT to $750.

SPX advancers: MRSH APA AON TTD AJG PSKY HUM T GEN WDAY OXY MS.

SPX decliners: SMCI VST CEG MOS NRG SOLS SNDK WDC CIEN GLW STX.

SPY traded above average volume of 163.6 million shares.

VIX +2.72, 26.78, 

NDX -1.88%, closed at 4-month support.

DJI, 45,577, -0.96%, again closed below 4-month support.

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

Up:

Down: DIA, SPY, QQQ, IWM,

The SPY MFC green line is pointed up at 13.4, price-action closed below its six-month support and is short-term bearish. +1.0. 

One of eleven sectors (12.5%) was higher on Friday led by XLF, XLE and XLC. 

22 of 100 NDX stocks closed higher on Friday.

27 NDX stocks are above their 30 DMA: BKNG, FANG, ROST, TMUS, AXON, NLFX, VRSK, ADSK, PLTR, APP, DDOG, INTU, PANW, MRVL, MSTR, LIN, MU, ROP, ABNB, ARM, WDC, BKNG, KLAC, STX, EA, AMAT, AMD, BKR, INTC, LRCX,

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 7

AMD, BKR, CEG, CRWD, FTNT, INTC, PYPL,

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