Monday, June 29, 2026

NDX, SPX, DJI Closed Higher...DJI All-time Closing High...Breadth Remained Positive...

 
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SPX +86.41, 7,440, opened higher and closed higher above the high of the low day, a bull flag bounce.  The NDX and SPX in a 3-week consolidation bounced above the high of the low day.  Breadth weakened but remained positive as advancers led on both the NYSE and the NASDAQ exchanges.  VIX closed lower.

GOOGL replaced VZ in the DJIA today, June 29 before the open.

SpaceX, SPCX, closed at 164.19, +7.15%.  Moved higher after inclusion in the Russell 1000 and news that it will join the Nasdaq 100 on July 7.

SPX advancers: GLW KLAC WDC AMAT AXON CHTR PANW FLEX TSLA LRCX STX.
SPX decliners: SMCI CPRT ULTA MLM VZ CCI TMUS NUE TGT STLD STZ.

SPY +1.65% on slightly above average volume of 58 million shares.
VIX -0.76, 17.65,
NDX +2.25% opened higher and closed above its 30 DMA.
DJI, 52,182, +0.59%, new all-time closing high.


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


Up: QQQ, SPY, DIA
Down: IWM,

The SPY MFC green line is down at 30.8 and price-action closed lower but above ST support and is counter-trend defensive. -1.8

Six of eleven sectors were higher on Monday led by XLY, XLK and XLC. 


61 of 100 NDX stocks closed higher on Monday.

55 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, AMAT, LRCX, AAPL, MU, MNST, PANW, CRWD, FTNT, KDP, ASML, KLAC, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, INTC, WDC, VRTX, FER, ABNB, DASH, TTWO, AEP, AMGN, ALAB, NBIS, TER, AXON, GEHC, ROP, XEL, AZN, HON, SBUX, CSX, KHC, ADP, DDOG, MELI, ORLY, PAYX, PYPL, REGN, ALNY, CMCSA, MDB, STX, TSLA, WBD,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 6
ALNY, CMCSA, MDB, STX, TSLA, WBD,


Moving Below 30 DMA = 1
TRI,



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