Thursday, April 9, 2026

NDX, SPX, RUT, DJI Closed Higher...Breadth Remained Positive...Volatility Fell...Earnings Season Begins Next Week...


© 2026


SPX +41.85 6,824 pulled back, reversed and closed higher.  Many have been suggesting the temporary ceasefire in the Middle East is fragile and that was a popular narrative on Thursday.  It is interesting how many people internationally can’t resist the opportunity to be silly.  Breadth weakened and remained positive as advancers led on both the NYSE and Nasdaq exchanges. 

NVDA +1.83, +1.01%, bounced in a channel on 116.4 million shares.

MU +14.78, +3.63%, closed higher.

SPX advancers: BF/B SNDK STZ AMZN CARR LRCX LULU INTC FOXA ETN.
SPX decliners: TPL AXON NOW CRWD PLTR INTU DDOG ADSK AKAM CF WDAY.

SPY below average volume of 57.1 million shares.
VIX -1.55, 19.49
NDX +0.72%, pulled back, rallied and closed higher for a sixth day.
DJI, 48,185, +0.58%, paused.


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


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

The SPY MFC green line is up at 49.3, price-action is short-term bullish. +8.0. 

Eight of eleven sectors (79.2%) were higher on Thursday led by XLY, XLI and XLP


55 of 100 NDX stocks closed higher on Thursday.

56 NDX stocks are above their 30 DMA: ROST, NLFX, MRVL, ARM, EA, AMD, BKR, AMD, AEP, COST, EXC, INSM, LIN, AMD, AZN, CSX, FAST, ODFL, PANW, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, BKNG, MCHP, TXN, AMAT, AVGO, BKR, CHTR, GOOGL, LRCX, MELI, AAPL, ALNY, ASML, FAST, FER, MDLZ, MU, NVDA, NXPI, ORLY, PCAR, PYPL, REGN, SBUX, XEL, HON, KHC, META, MNST,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 4
HON, KHC, META, MNST,


Moving Below 30 DMA = 8
ABNB, CDNS, CRWD, FANG, FTNT, GEHC, PDD, ROP,



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Wednesday, April 8, 2026

RUT, NDX, DJI and SPX Closed Higher on Significantly Wednesday after a Temporary Mid-East Ceasefire was Announced...Breadth Strengthened...


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SPX +165.96 6,782 futures surged Tuesday night and stocks Wednesday following news that a temporary two-week ceasefire was agreed upon.  Many are suggesting the temporary ceasefire is fragile.

Breadth strengthened as advancers led on both the NYSE and Nasdaq exchanges.  SPY volume increased by about 23 million shares to average volume on Wednesday.  The NDX 100 had 19 additional stocks close above their 30 DMA in one day for the first time since August 22, 2025.

NVDA +3.98, +2.23%, traded in range on 147.3 million shares. 
MU +29.15, +7.72%, closed up, but slightly lower than its open.

SPX advancers: TER INTC CCL GLW COHR CIEN LRCX SNDK LITE AMAT Q WDC.
SPX decliners: APA LYB WDAY PLTR CF MPC DOW INTU OXY COP VLO XOM.

SPY average volume of 93.9 million shares.
VIX -4.74, 21.04
NDX +2.90%, recovered from a morning low and closed higher for a fifth day.
DJI, 47,909, +2.85%, paused.


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


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

The SPY MFC green line is up at 49.3, price-action is short-term bullish. +8.0. 

Ten of eleven sectors (94.75%) were higher on Wednesday led by XLE, XLK and XLU


78 of 100 NDX stocks closed higher on Wednesday.

60 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, MRVL, ARM, EA, AMD, BKR, AMD, AEP, COST, EXC, INSM, LIN, ROP, AMD, AZN, CSX, FAST, ODFL, PANW, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, FTNT, ADI, BKNG, MCHP, TXN, AMAT, AVGO, BKR, CHTR, CRWD, GOOGL, LRCX, MELI, AAPL, ABNB, ALNY, ASML, CDNS, FAST, FER, GEHC, MDLZ, MU, NVDA, NXPI, ORLY, PCAR, PDD, PYPL, REGN, SBUX, XEL,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 19
AAPL, ABNB, ALNY, ASML, CDNS, FAST, FER, GEHC, MDLZ, MU, NVDA, NXPI, ORLY, PCAR, PDD, PYPL, REGN, SBUX, XEL,


Moving Below 30 DMA = 2
KHC, PLTR,



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Tuesday, April 7, 2026

RUT, SPX, NDX Closed...Breadth Weakened...Some Express Hope for a Last-minute Ceasefire...


© 2026


SPX +5.02 6,616 bounced for a fifth day closing above its 41/2-month support.   Breadth weakened as decliners led on both the NYSE and Nasdaq exchanges.  SPX volume increased on Tuesday but was still below average.  One narrative Tuesday afternoon was that SPX rallied in the last hour of trading on hopes for a last-minute cease-fire in the Middle East.

NVDA +0.46, +0.26%, traded in range on 126 million shares. 

MU -0.18, -0.05%, closed slightly lower.

SPX advancers: PSKY UNH HUM CVS AVGO CRWD ANET LITE PANW INTC.
SPX decliners: AXON TTD CPB IT DLTR CSGP KMB PHM TSCO BLDR GPN.

SPY traded below average volume of 63.9 million shares.
VIX +1.61, 25.78
NDX +0.04%, recovered from a morning low and closed higher for a fifth day.
DJI, 46,584, -0.18%, paused.


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


Up: IWM, SPY, QQQ,  
Down: DIA,

The SPY MFC green line is up at 41.3, price-action is short-term bullish. +8.4. 

Five of eleven sectors (59.1%) were higher on Tuesday led by XLE, XLK and XLU


42 of 100 NDX stocks closed higher on Tuesday.

43 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, MRVL, ARM, EA, AMD, BKR, AMD, AEP, COST, EXC, INSM, LIN, ROP, AMD, AZN, CSX, FAST, ODFL, PANW, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, FTNT, ADI, BKNG, KHC, MCHP, TXN, AMAT, AVGO, BKR, CHTR, CRWD, GOOGL, LRCX, MELI, PLTR,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 9
AMAT, AVGO, BKR, CHTR, CRWD, GOOGL, LRCX, MELI, PLTR,


Moving Below 30 DMA = 8
AAPL, ALNY, CTSH, FAST, MDLZ, ORLY, PYPL, REGN,



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