NDX, SPX, RUT, DJI Close Higher...GS, JPM, BAC Positive EPS Reactions...EPS Continue Wednesday...IBM Weighs on DJI...

© 2026

SPX +28.25, 7,543, opened higher after a lower-than-expected (which is positive) CPI report, traded in range and closed higher.  Closed 66 points below its all-time closing high on June 2.  Both the NDX and SPX rose in their 6-week sideways channel.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges.

Earnings season started today with GS, JPM, BAC, C, WFC, and FAST reporting.

Wednesday morning BLK, BNY, CAG, CTAS, ELV, JNJ, MS, MTV, PGR, PNC will report earnings before the open.

SK Hynix ADR, SKHY, closed 193.92, +27.29 on its third day.  IPO was at 149.

SpaceX, SPCX, closed at 136.08, -2.20%. Our view is that SPCX, with no earnings, is an overvalued speculation.

SPX advancers: CRWD GS DELL PANW NTAP LITE SNDK MU HPE LRCX INTC.

SPX decliners: IBM BIIB HCA ISRG SYK IT NOW UHS GEHC FICO C.

SPY +0.36%, below average volume of 35.1 million shares.

VIX -0.66, 16.50.

NDX +1.10% opened and closed higher.

DJI, 52,508 +0.02%, was weighed down by IBM releasing a week early, preliminary results below estimate on revenues and earnings.

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

Up: QQQ, SPY, IWM, DIA

Down:  

The SPY MFC green line is turned up at 74.1, price-action remained above ST support and is short-term bullish. +2.2

Five of eleven sectors were higher on Tuesday led by XLK, XLE and XLF. 

48 of 100 NDX stocks closed higher on Tuesday.

48 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, AXON, ROP, SBUX, CSX, KHC, ADP, DDOG, MELI, PAYX, PYPL, REGN, CTAS, TRI, AAPL, GILD, WDAY, DXCM, META, PDD, AMD, AMZN, TMUS, XEL, FANG, INTU, ODFL, WBD, NVDA, PLTR, TXN,

NDX Stocks to Watch on Wednesday

Moving Above 30 DMA = 3

NVDA, PLTR, TXN,

Moving Below 30 DMA = 5

ADBE, ADSK, CMCSA, GEHC, IDXX,

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DJI, SPX, RUT, NDX Close Lower...Breadth Weakened...VIX Rose...EPS Season starts Tuesday BMO with JPM, BAC, C, WFC, GS, FAST Reporting...

© 2026

SPX -60.05, 7,515, opened lower and traded in range between Friday’s high and low.  Closed 94 points below its all-time closing high.  Both the NDX and SPX fell in their 6-week sideways channel.  Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges.

CPI report Tuesday 8:30 am ET.

SPX advancers: FDS IT INTU VLO PSX BIIB CRM CASY DINO MPC DOW.

SPX decliners: APP SNDK MRVL ORCL INTC LRCX ON STX COHR RL TER.

SK Hynix ADR, SKHY, closed 152.35, -15.66 on its second day.  IPO was at 149.

SpaceX, SPCX, closed at 139.14, -4.24%. Our view is that SPCX, with no earnings, is an overvalued speculation.

Earnings season starts Tuesday before the open with JPM, BAC, C, WFC, GS and FAST reporting.

SPY -0.77%, below average volume of 44 million shares.

VIX +2.13, 17.16.

NDX -1.88% opened and closed lower, crossed below its 30 DMA.

DJI, 52,498 -0.26%, traded in a range, closed just below the high of the following day in its bull flag pattern.

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

Up:

Down: DIA, SPY, IWM, QQQ

The SPY MFC green line turned down at 71.9, price-action remained above ST support and is short-term bullish. -1.1

Six of eleven sectors were higher on Monday led by XLE, XLU and XLF. 

45 of 100 NDX stocks closed higher on Monday.

50 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, AXON, GEHC, ROP, SBUX, CSX, KHC, ADP, DDOG, MELI, PAYX, PYPL, REGN, CTAS, TRI, AAPL, GILD, WDAY, DXCM, META, PDD, AMD, AMZN, IDXX, ADBE, TMUS, XEL, ADSK, CMCSA, FANG, INTU, ODFL, WBD,

NDX Stocks to Watch on Tuesday

Moving Above 30 DMA = 6

ADSK, CMCSA, FANG, INTU, ODFL, WBD,

Moving Below 30 DMA = 11

ALAB, ALNY, ASML, AVGO, CSCO, HON, KDP, NVDA, SNDK, TSLA, TXN,

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SPX, NDX, DIA Closed Higher...IWM Closed Lower...VIX Hits Six-month Low...Earnings Season Starts Tuesday: JPM, C, BAC, WFC & more...

© 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.

Earnings season starts Tuesday with JPM, C, BAC, WFC & more.

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.

55 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, 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, NVDA, SNDK, TMUS, XEL,

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 8

ADBE, CSCO, HON, KDP, NVDA, SNDK, TMUS, XEL,

Moving Below 30 DMA = 2

CDNS, MDB,

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