Monday, June 8, 2026

NDX, RUT, SPX Closed Higher...DJI Closed Lower...Breadth Strengthened...VIX Fell...


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SPX +21.57, 7,405, formed a black candle bullish harami in a bull flag pattern.   Breadth was mixed and strengthened as advancers led on the NASDAQ exchange. 

SPX advancers: INTC MU KLAC AMAT LRCX COHR COIN FICO SMCI GLW SNDK.
SPX decliners: AKAM HSY CIEN GDDY VMC VRSN MOS SBAC MLM REGN PCG.

Earning’s flag setups on DELL, HPE, PANW

NVDA +3.54, +1.73%, closed higher, on 138.3 million shares, expands partnership with SK Hynix.
MU +85.27, +9.87%, bounced in a bull flag pattern.

SPY +0.23%, formed a bullish harami in a bull flag pattern, on slightly above average volume of 49.3 million shares.
VIX -2.59, 18.92, hedgers unwinding…
NDX +1.58% rose after a Friday pullback in semiconductor and technology stocks.
DJI, 50,786, -0.16%, pulled back slightly.


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


Up: QQQ, IWM, SPY,
Down: DIA,  

The SPY MFC green line is higher at 80.5, and price-action is counter-trend defensive. -7.5 

Three of eleven sectors (48.5%) were higher on Friday led by XLK, XLE and XLY. 


48 of 100 NDX stocks closed higher on Monday.

45 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, STX, WDC, CSCO, AMAT, LRCX, AAPL, MU, MNST, CDNS, QCOM, APP, DDOG, PANW, CRWD, FTNT, KDP, MDLZ, ADP, MDB, DXCM, PAYX, ASML, KLAC, MAR, ODFL, ROST, WDAY, AXON, CTSH, EA, VRSK, CTAS, FAST, AMGN, IDXX, GEHC, PCAR, VRTX, CCEP, KHC, NXPI,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 2
KHC, NXPI,  


Moving Below 30 DMA = 6
ADBE, ALNY, AZN, BKNG, EXC, LIN,



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