Thursday, April 23, 2026

RUT, DJI, SPX, NDX Cloxed Lower...Breadth Weakened...URI +22%, TXN +19%, WST +12 % Positive EPS Reactions Led the SPX on Thursday...


© 2026


Our iBullyBear Mentoring account once again hit a new all-time Net Liq high today on strength in SOXL, AMUU, CAT, ARM and SNDK along with more than ten other gainers on Thursday.


SPX -29.50, 7,108, formed a spinning top candle after making an all-time intraday high.  Breadth weakened as decliners led on the NYSE and NASDAQ exchanges. Volume was again below average and VIX closed slightly, a sign that institutions were adding  hedges as the market pulled back a fraction of a percent.

EPS season Day 9:   URI TXN WST UNP CMCSA KDP CSX NEE HAS DOV PKG ROL CNP PHM SNA closed higher on a positive EPS reaction.  NOW FCX TMO LVS IBM BX LMT AXP LUV TSLA CBRE LRCX HON POOL closed lower after a negative EPS reaction.  CHTR HCA NSC PG SLB report EPS Friday BMO.

NVDA -2.86, -1.41%, in range trading day, on 113 million shares.
MU -5.76, -1.18%, pause day after a new high close on Wednesday.

SPX advancers: URI TXN WST MCHP ON UNP NSC CMCSA KDP CSX NEE NXPI.
SPX decliners: NOW LULU FCX TECH WDAY CRL TMO CRM LVS SMCI IQV IBM.

SPY below average volume of 56.0 million shares.
VIX +0.39 19.31
NDX -0.57% paused the day after a new all-time closing high.
DJI, 49,310, -0.36% formed a dragonfly doji pattern in a bull flag pullback


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


Up:
Down: IWM, DIA, SPY, QQQ

The SPY MFC green line is pointed down at 95.3, price-action is a bull flag/BO test counter-trend defensive. -0.7. 

Five of eleven sectors (23.67%) were higher on Thursday led by XLU, XLI and XLP


44 of 100 NDX stocks closed higher on Thursday.

68 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, EA, AMD, BKR, AMD, AMD, CSX, FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, BKNG, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, ASML, FER, MU, NVDA, NXPI, ORLY, PCAR, SBUX, META, MNST, FANG, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, CHTR, DDOG, PANW, ROP, CCEP, CMCSA, CRWD, FTNT, COST, MDB, CPRT, FANG, BKR, ISRG, KDP, AEP, CEG, LIN, MDLZ, PEP, REGN,

NDX Stocks to Watch on Friday
Moving Above 30 DMA = 6
AEP, CEG, LIN, MDLZ, PEP, REGN,


Moving Below 30 DMA = 8
ADBE, ADSK, IDXX, PAYX, PLTR, TRI, TSLA, ZS,


Add Comments here:

Wednesday, April 22, 2026

NDX, SPX Closed at New All-time Highs...DJI, RUT Closed Higher...Earnings Season Continued...GEV +13.75% Led the SPX on Wednesday...LRCX and TSLA Reported After the Close...


© 2026


Our iBullyBear Mentoring account hit a new all-time Net Liq high today along with a new high single day gain on strength in SOXL, AMUU, SNDK, MU and LITE along with more than ten other gainers on Wednesday.


SPX +73.89, 7,137 hit a new all-time closing high.  Breadth strengthened as advancers led on the NYSE and NASDAQ exchanges. Volume was again below average and VIX closed lower, a sign that institutions were unwinding some hedges.

EPS season Day 7:   GEV MAS BSX ISRG PM BA WRB EQT TDY MCO WAS CME T closed higher on a positive EPS reaction.  CB OTIS COF IBKR VRT NVR UAL TEL closed lower after a negative EPS reaction.  AXP BX CBRE CMCSA CNP DOV DOW FCX HAS HBAN HON KDP LMT NDAQ NEE PCG PHM POOL ROP SNA TMO UNP WST report EPS Thursday BMO.

NVDA +2.62, +1.31%, in range trading day, on 107.3 million shares.
MU +38.10, +8.48%, bull flag bounce and re-breakout to new high.

SPX advancers: GEV MAS BSX MU SNDK ISRG PM AMD BA COIN AVGO PLTR.
SPX decliners: TEL EFX FICO BKNG IP UAL DHR NVR BBY LUV SW GE NOC.

SPY below average volume of 42.5 million shares.
VIX -0.58 18.92
NDX +1.73% bounced to a new all-time closing high.
DJI, 49,490, +0.69% formed a small white candle.


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


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

The SPY MFC green line is pointed down at 96, price-action is a bull flag/BO test counter-trend defensive. -0.2.

Six of eleven sectors (64%) were higher on Wednesday led by XLK, XLE and XLC


65 of 100 NDX stocks closed higher on Wednesday.

71 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, EA, AMD, BKR, AMD, AMD, CSX, FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, BKNG, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, ASML, FER, MU, NVDA, NXPI, ORLY, PCAR, SBUX, META, MNST, FANG, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, CHTR, DDOG, PANW, ROP, TSLA, ADSK, CCEP, CMCSA, CRWD, FTNT, COST, MDB, TRI, ADBE, CPRT, PAYX, FANG, BKR, IDXX, ISRG, KDP, PLTR, ZS,

NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 6
BKR, IDXX, ISRG, KDP, PLTR, ZS,


Moving Below 30 DMA = 4
AZN, GEHC, LIN, WDAY



Add Comments here: 

Tuesday, April 21, 2026

NDX, DJI, SPX, RUT Closed Lower...Breadth Weakened...Energy and Technology Sectors Closed Higher...Temporary Ceasefire Extended by U.S...


© 2026


SPX -45.13, 7,064 opened and closed lower, forming a red spinning top that closed above Friday’s S-1 level.  After the close, POTUS indicated that the U.S. would extend the temporary ceasefire due to Iran’s “fractured” leadership. Futures are up in after-hours trading.  Breadth weakened as decliners led on the NYSE and NASDAQ exchanges. Volume was again below average and VIX closed higher.

EPS season Day 6:   NTRS UNH DHI MSCI STLD DGX HAL GPC closed higher on a positive EPS reaction.  DHR SYF MMM EFX RTX GE NOC TSCO closed lower after a negative EPS reaction.  BA BSX CME ELV GEV MAS MCO NVR OTIS PM T TDY TEL VRT WAB report EPS Wednesday BMO.

NVDA -2.18, -1.08%, in range trading day, on 107.6 million shares.
MU +0.96, +0.21%, BO test, again closed above Tuesday’s S-1 level.

SPX advancers: NTRS HPQ UNH DHI MSCI STLD NTAP CF APA DGX DELL.
SPX decliners: TSCO SATS COIN NOC LITE PRU CCL GE TDG HOOD NEM NRG.

SPY below average volume of 58.5 million shares.
VIX +0.63 19.50
NDX -0.42% paused for a second day.
DJI, 49,149, -0.59% formed a bearish engulfing pattern

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


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

The SPY MFC green line turned down at 96.2, price-action is a bull flag/BO test counter-trend defensive. -1.9. 

Two of eleven sectors (38%) were higher on Tuesday led by XLE, XLK and XLF


40 of 100 NDX stocks closed higher on Tuesday.

69 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, EA, AMD, BKR, AMD, AMD, AZN, CSX, FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, BKNG, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, ASML, FER, MU, NVDA, NXPI, ORLY, PCAR, SBUX, META, MNST, FANG, GEHC, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, CHTR, DDOG, PANW, ROP, TSLA, ADSK, CCEP, CMCSA, CRWD, FTNT, COST, MDB, TRI, ADBE, CPRT, LIN, PAYX, FANG, WDAY,

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 2
FANG, WDAY


Moving Below 30 DMA = 7
AEP, IDXX, MDLZ, PDD, PEP, WBD, XEL,



Add Comments here: