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2026
SPX +31.75, 7,575, opened flat and closed higher, just 34
points below its all-time closing high.
Both the NDX and SPX rose in their 5-week sideways
channel. Breadth was mixed as
advancers led on the NYSE and decliners led on the NASDAQ exchange.
SPX was choppy this week, but did gain 92
points: Monday up, Tuesday down, Wednesday down then up, Thursday up and Friday
down then up
SK Hynix ADR
IPO started trading under the temporary symbol (SKHYV) on Friday.
SpaceX, SPCX,
closed at 145.30, -4.51%.
Our view is that SPCX, with no earnings, IS an overvalued speculation.
SPX
advancers: META WY SBAC NVDA CCI BF/B
CLX NKE MOS BBY CAG.
SPX
decliners: MRNA CRWD DDOG FTNT GILD
PANW DELL MRVL FDXF FLEX.
SPY +0.43%, below
average volume of 42.2 million shares.
VIX -0.81, 15.03.
NDX +0.33% opened lower
and closed higher, crossing above its 30 DMA.
DJI, 52,637 +0.29%, bounced
above the high of the following day in its bull flag pattern.
Mega caps META, NVDA, WMT, TSLA, MSFT rose and AVGO, AAPL, BRK/B, GOOGL, TSM, AMZN, MU, LLY fell
on Friday.
Up: SPY, QQQ, DIA,
Down: IWM,
The SPY
MFC green line is up
at 73,
price-action remained above ST support and is short-term
bullish. +5.3
Ten of eleven sectors were higher
on Friday led by XLB, XLP and XLC.
55
of 100
NDX stocks closed higher on Friday.
54 NDX stocks are above their 30
DMA: AMAT, MNST, PANW, CRWD,
FTNT, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, VRTX, ABNB, DASH, TTWO, AEP, AMGN,
ALAB, AXON, GEHC, ROP, AZN, SBUX, CSX, KHC, ADP, DDOG, MELI, PAYX, PYPL, REGN, ALNY,
CTAS, TRI, AAPL, GILD, WDAY, DXCM, META, PDD, AMD, AMZN, ASML, AVGO, IDXX,
TSLA, TXN, ADBE, CSCO, HON, KDP, SNDK, TMUS, XEL,
NDX Stocks to Watch on Monday
Moving Above 30 DMA = 7
ADBE, CSCO, HON, KDP, SNDK, TMUS, XEL,
Moving Below 30 DMA = 2
CDNS,
MDB,
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