Tuesday, November 3, 2026

NDX, SPX Closed Higher...RUT, DJI Closed Lower...Breadth Weakened...Technology Led Sectors...


© 2026

SPX +27.52 7,568 opened and closed higher and formed a bullish harami.  Breadth was mixed as decliners led on the NYSE and advancers led on the NASDAQ exchange. 

Both AAPL and PLTR rallied from their Monday night lows after beats on sales and EPS.  AAPL -6.42, -1.90%, EPS $2.10 beats $1.98 estimate, sales $114.477B beat $113.392B estimate.  PLTR -2.94, -1.65%, EPS $0.44 beats $0.41 estimate, sales $2.313B beat $2.183B estimate.

SPX advancers: DD FSLR SMCI AMD ANET BAX XYZ BF/B EW CNC COIN.
SPX decliners: SWKS ZBRA BALL ADM TSLA CDW SNDK CDW LITE PLTR APA.

Oil /CL rose +0.50 and closed at 96.76.

After hours:
AMD +24.30, +5.02%, EPS $2.09 beats $1.985 FactSet estimate, sales $13.38B beat $13.1B FactSet estimate.
SMCI +2.26, +7.2%, EPS $1.81 beats $1.23 estimate, sales $19.946B beat $16.389B estimate.
ANET +16.09, +9.47%, EPS $1.20 beats $1.08 estimate, sales $3.658B beat $3.330B estimate.

SPY +2.25, +0.30%, below average volume of 32.8 million shares. 
VIX -0.32, 20.83 closed higher.

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


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


SPCX closed at 141.31, +4.94, volume of 96 million shares. SPCX became profitable two weeks and revenues were a $58 billion annual run rate.  Our view is that SPCX, proved its ability to produce profits from its business plan.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line pointed down at 30.9, price-action fell to Sep 16 support and is defensive. -11.5.

Four of eleven sectors were higher on Tuesday, XLK +1.60%. 


51 of 100 NDX stocks closed higher on Tuesday.

48 NDX stocks are above their 30 DMA: ISRG, TXN, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ORLY, TRI, XEL, MRNA, AMGN, KDP, EXC, GEHC, IDXX, MDLZ, CSX, AZN, GILD, INTU, MNST, REGN, ADBE, HON, PAYX, ROP, SBUX, WDAY, PEP, KHC, NXPI, TSLA, VRTX, CPRT, ADI, FER, CMCSA, PDD, ABNB,  MCHP, MPWR, ROST,

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 3
MCHP, MPWR, ROST,


Moving Below 30 DMA = 6  
AXON, DASH, DXCM, FANG, SNPS, TMUS,



Add Comments here:

Monday, November 2, 2026

DJI Closed Higher...RUT, SPX, NDX Closed Higher...Breadth Mixed...VIX Higher...Afterhours: PLTR, AAPL Lower on EPS Reaction...


© 2026


SPX -38.67 7,541 opened higher and closed lower after early gains faded after the first 60 minutes of trading.  Breadth strengthened as advancers led on the NYSE and decliners decreased but still led on the NASDAQ exchange. 

INTC continued to fall today after the company issued lower guidance last Thursday and AMZN rallied on Monday after its revenue and EPS miss last Thursday.  

SPX advancers: IDXX LKQ HWM MHK PNR DASH CBRE CPRT SHW ARE TDG.
SPX decliners: LITE CIEN P INTC ORCL DDOG STX SMCI APA AMD WDC.

Oil /CL fell -6.69 and closed at 96.26.

After hours:
AAPL -9.51, -2.81%, EPS $2.10 beats $1.98 estimate, sales $114.477B beat $113.392B estimate.
PLTR -5.34, -2.99%, EPS $0.44 beats $0.41 estimate, sales $2.313B beat $2.183B estimate.

SPY -3.62, -0.48%, above average volume of 50.9 million shares. 
VIX +1.73, 21.15 closed higher.

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


Mega caps BRK/B, AMZN, WMT, SPCX, TSLA rose, and GOOGL, LLY, AVGO, NVDA, META, AAPL, TSM, MU fell on Monday.  WMT moved above $1 trillion market cap and AMD moved below $1 trillion.

SPCX closed at 134.72, +1.65, volume of 95.6 million shares. SPCX became profitable two weeks and revenues were a $58 billion annual run rate.  Our view is that SPCX, proved its ability to produce profits from its business plan.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line pointed down at 42.4, price-action fell to Sep 16 support and is defensive. -8.7.

Eight of eleven sectors were higher on Monday, XLK -2.95%. 


52 of 100 NDX stocks closed higher on Monday.

51 NDX stocks are above their 30 DMA: ISRG, TXN, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ORLY, TRI, XEL, MRNA, AMGN, KDP, EXC, FANG, GEHC, IDXX, MDLZ, CSX, AZN, GILD, INTU, MNST, REGN, ADBE, HON, PAYX, ROP, SBUX, WDAY, PEP, KHC, NXPI, TSLA, VRTX, CPRT, ADI, AXON, SNPS, FER, CMCSA, ROST, ABNB, DASH, DXCM, PDD, TMUS,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 5
ABNB, DASH, DXCM, PDD, TMUS,


Moving Below 30 DMA = 2   
AAPL, MCHP,   



Add Comments here:

Friday, October 30, 2026

NDX, SPX, RUT, DJI Closed Lower after INTC, AMZN Negative Earning's Reactions...Markets Rally in Final 90 minutes as VIX Pulls Back...


© 2026

SPX -140.32 7,580 closed lower led by a dollar selloff in 8 stocks, INTC, SNDK, AMD, MU, NVDA, RDDT, MRVL LITE.  Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges.  

INTC -26.31, -28.58%, EPS $0.52 beat $0.40 estimate, sales $16.51B beat $16.45B estimate, stock fell because it issued Q4 guidance lower than expected.

AMZN -3.44, -1.41%, EPS $1.89 misses $1.97 estimate, sales $201.944B miss $202.308B estimate. AMZN was lower Thursday evening after its EPS miss and opened lower on Friday but rallied from its opening low.

SPX advancers: FDXF REGN GPN GDDY MHK CBOE VLTO TYL LYB CF ACNN.
SPX decliners: INTC RDDT ILMN TWLO DDOG COHR COIN SNDK AMD DELL.

Oil /CL rose +0.09 and closed at 102.95.

SPY -13.64, -1.77%, above average volume of 77.8 million shares. 
VIX +2.22, 19.42 closed higher.

Up:
Down: DIA, IWM, SPY, QQQ, 

SPCX closed at 134.72, -9.17, volume of 122.6 million shares. SPCX reached an important milestone by becoming profitable last week.  Revenues were a $58 billion annual run rate.  Our view is that SPCX, proved its ability to produce profits from its business plan.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line turned down at 51.1, price-action fell to Sep 16 support and bounced and is counter-trend defensive. -3.0.

Six of eleven sectors were higher on Friday, XLK -4.89%. 


37 of 100 NDX stocks closed higher on Friday.

48 NDX stocks are above their 30 DMA: AAPL, ISRG, TXN, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ORLY, TRI, XEL, MRNA, AMGN, KDP, EXC, FANG, GEHC, IDXX, MDLZ, CSX, AZN, GILD, INTU, MNST, REGN, ADBE, HON, PAYX, ROP, SBUX, WDAY, PEP, KHC, NXPI, TSLA, VRTX, CPRT, ADI, AXON, MCHP, SNPS, FER, CMCSA, 

NDX Stocks to Watch on Monday
Moving Above 30 DMA = 0



Moving Below 30 DMA = 9   
ABNB, CDNS, CRWD, MDB, MSFT, PDD, PLTR, QCOM, ROST,  



Add Comments here: