Friday, March 6, 2026

DJI, SPX, NDX, RUT Closed Lower...Breadth Weakened...VIX 10-Month High...COST Positive EPS Reaction...


© 2026


SPX -90.69, 6,740, opened lower closed lower.   Breadth weakened as decliners led on the NYSE and Nasdaq exchanges. COST +15.53, +1.58%, formed a bullish engulfing candle following a quarterly EPS and Sales beat.

NVDA -5.52, -3.01%, rose on 189 million shares.

SPX leaders: BA, KR, NOW, BR, INTU, BG, CPB, PLTR, RTX, JKHY, DDOG, WDAY.
SPX decliners: TER, GLW, ODFL, BLK, LRCX, SNDK, GNRC, MU, ON, AMAT.

SPY traded above average volume of 100.7 million shares on Friday.
VIX +5.74, 29.49, its highest close in ten months. 
NDX -1.51%, traded in a range and formed a spinning top that closed above short-term support.
DJI, 47,954, -0.95%, opened and closed lower and formed a hammer on Friday.


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


Up:  
Down: DIA, SPY, QQQ, IWM,

The SPY MFC green line is pointed down at 38.4, price-action closed above three-month support and is short-term defensive. -7.3

Two of eleven sectors were higher on Friday led by XLP, XLE and XLU. 


34 of 100 NDX stocks closed higher on Friday.

40 NDX stocks are above their 30 DMA: ODFL, BKNG, CMCSA, LIN, AEP, AMGN, FANG, CCEP, ROST, CHTR, TMUS, XEL, CTAS, EXC, CEG, SBUX, ABNB, AXON, NLFX, FAST, VRSK, ADSK, CDNS, FTNT, PLTR, TRI, APP, PYPL, ROP, ADBE, AVGO, BKNG, CRWD, DDOG, INTU, KHC, PANW, PAYX, COST, MRVL,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 2
COST, MRVL,


Moving Below 30 DMA = 9
AMAT, AMZN, ARM, AZN, BKR, CSCO, CSX, HON, MSTR,



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