Tuesday, March 3, 2026

DJI, SPX, NDX, RUT Closed Lower...SPX Broke, Bounced, Closed Above short-term Support...After hours: CRWD Lower after Positive EPS Report...

 
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SPX -64.99, 6,816, opened lower, dropped below short-term support before it bounced 106 points from an intraday low on above average volume.   Breadth was weaker as decliners led on the NYSE and Nasdaq exchanges.  Advancing sectors also fell. CRWD, AVGO, COST and CIEN report EPS this week.

NVDA -2.43, -1.33%, fell on volume of 177 million shares and contributed just over -7 SPX points to today’s decline.

After hours: CRWD -4.72, -1.21%, on a quarterly EPS and Sales beat.


SPX leaders: WDAY, BBY, TGT, AKAM, PANW, ADBE, CSGP, TYL, IT, NOW, INTU.
SPX decliners: SNDK, MU, NEM, NRG, ALB, WDC, PSKY, TER, GLW, Q, AZO.

SPY traded above average volume of 104.5 million shares on Tuesday.
VIX +2.13, 23.57
NDX -1.09%, opened lower, bounced and closed above short-term support.
DJI, 48,501, -0.83%, pulled back and formed a dragonfly doji.


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


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

The SPY MFC green line turned down at 54.4, price-action closed below the high of the February 5 low day, above six-week and 3-month support and is short-term defensive. -3.0

One of eleven sectors, 10%, was higher on Tuesday led by XLC, XLF and XLRE. 


34 of 100 NDX stocks closed higher on Tuesday.

43 NDX stocks are above their 30 DMA: ADI, ODFL, BKNG, CMCSA, LIN, HON, BKR, COST, AEP, AMGN, GILD, FANG, CSX, PEP, CCEP, ROST, CHTR, TMUS, KDP, XEL, AZN, CTAS, AMAT, ARM, EXC, VRTX, WBD, DXCM, KHC, CEG, SBUX, ABNB, AXON, NLFX, FAST, VRSK, ADSK, CDNS,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 5
FTNT, MAR, PLTR, TRI, TTWO,  


Moving Below 30 DMA = 10
AAPL, ASML, CSCO, FER, KLAC, MDLZ, MRVL, MU, REGN, WDC,



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