RUT, DJI, SPX, NDX Closed Higher...RUT, SPX, NDX Made All-time Closing Highs...VIX Lower...After-hours: AAPL up...WDC, SNDK down...

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SPX +73.06 7,209, a new all-time closing high, bounced above the high of the low day in a bull flag pattern.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges. Volume was near average for the first time since April 8. This indicated that institutions were buying today at all-time highs.  A great technical sign if you’re expecting the uptrend to continue.

VIX had its largest single-day decline since April 8 and its lowest close since February 2 at a 16.34 close, a sign that institutions were unwinding hedges after earnings from mega-caps AMZN, GOOGL, META and MSFT. Thursday AMC mega-cap AAPL reported EPS. 

On Thursday GOOGL +34.86, +9.96% and AMZN +2.02, +0.77% on positive earnings while META -57.21, -8.55% and MSFT -16.68, -3.93% moved lower on a negative earnings reaction.

After hours: AAPL +5.05, +1.86%, gained on positive earnings while WDC -35.00 -8.05% and SNDK -65.51, -5.97% moved lower on a negative earnings reaction.

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EPS season Day 13:   PWR QCOM IRM GOOGL CAT LLY CARR ORLY TXT MO XEL BMY BAX RCL EG SO AME DTE CMG LKQ TT INVH SBAC TROW ALL VICI ICE MLM TAP AMZN VLO UDR closed higher on a positive EPS reaction.  WTW IP META HUBB BLDR CAH MA BR TYL PH MSFT KLAC SW FTV AOS ITW AWK CHRW AFL REG COP FTI HSY MRK ALGN F MGM APD CI EQIX EBAY LHX LH closed lower after a negative EPS reaction. 

AON ARES CBOE CHD CL CVX D DINO EL FRT LIN LYB MRNA XOM report EPS Friday BMO.

31.2% of SPX companies reported on Tuesday, Wednesday and Thursday.

Thursday AMC: AAPL AES AIG AJG AMGN CLX CPT DXCM FSLR GDDY LNT MHK RMD SNDK SYK WDC WY

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NVDA -9.68, -4.63%, on 225.2 million shares.

MU -1.30, -0.25%, opened higher and traded in a range.

SPX advancers: PWR QCOM TER SWKS CIEN IRM GOOGL CAT LLY CARR ORLY.

SPX decliners: WTW IP META HUBB BLDR CAH NVDA MA BR TYL PH MSFT.

SPY all-time high on near average volume of 67.2 million shares.

VIX -1.92 16.89, 

NDX +0.98% all-time high.

DJI, 49,652, +1.62% bounced in a bull flag pattern

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

Up: IWM, DIA, SPY, QQQ,

Down:

The SPY MFC green line is pointed up at 97.7, price-action is short-term bullish. +0.7. 

All eleven sectors (100%) were higher on Thursday led by XLI, XLU and XLV.  Ironically, XLK +0.25% was the weakest sector.

50 of 100 NDX stocks closed higher on Thursday.

63 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, AMD, CSX, FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, FER, MU, NVDA, NXPI, SBUX, MNST, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, DDOG, PANW, CRWD, FTNT, FANG, BKR, KDP, AEP, CEG, LIN, TSLA, ADBE, KHC, MDLZ, PEP, ADP, COST, PAYX, TRI, VRSK, ASML, ORLY, XEL,

NDX Stocks to Watch on Friday

Moving Above 30 DMA = 3

ASML, ORLY, XEL,

Moving Below 30 DMA = 5

CPRT, EA, MDB, META, ROP,

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NDX Closed Higher...SPX, DJI, RUT Closed Lower...After hours: GOOGL, AMZN, MSFT Positive EPS Reactions...

© 2026

SPX -2.85, 7,135, pulled back in a two-day bull flag pattern.  Breadth weakened again as decliners led on the NYSE and NASDAQ exchanges. Volume was below average. VIX closed higher, a sign that institutions added hedges before earnings from mega-caps AMZN, GOOGL, META and MSFT. 

The FOMC left rates unchanged as expected. I was disappointed to hear media ask speculative questions, that some might call drivel, rather than focus on monetary policy.  I appreciated that Chair Powell, in his final press conference as Chair, did a focus his comments on issues that dealt with monetary policy.  A point he made more than once was that the Fed independence issue was about monetary policy not being influenced by politics.  Well done Chair Powell!

After hours: GOOGL +25.35, +7.24%, AMZN +7.21, +2.74% and MSFT +1.43, +0.34% on positive earnings while META -46.92 -7.01% moved lower on a negative earnings reaction.

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EPS season Day 12:   NXPI GNRC STX SBUX V FFIV ADP VRSK TMUS BIIB IEX HUM PSX VLTO LII MDLZ EXE FICO APH ABBV YUM GRMN VMC ETR WM EQR BKNG closed higher on a positive EPS reaction.  TER HOOD GEHC REGN ODFL CSGP IR ACGL EME SWK PPG BXP FE ESS WELL OMC CTSH OKE EXR closed lower after a negative EPS reaction.  

AME AOS APD BAX BLDR BMY BR CAH CARR CAT CI COP DTE FTI FTV HSY HUBB ICE IP IRM ITW KIM LH LHX LKQ LLY MA MLM MO MRK PH PWR RCL SO SW TAP TROW TT TXT VLO WTW XEL report EPS Thursday BMO. 

17 more SPX companies report after the close for 59 total on Thursday.  Thursday AMC: AAPL AES AIG AJG AMGN CLX CPT DXCM FSLR GDDY LNT MHK RMD SNDK SYK WDC WY

There are 156 companies or 31.2% of SPX companies scheduled to report Tuesday, Wednesday and Thursday.

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NVDA -3.92, -1.84%, on 123.7 million shares.

MU +14.17, +2.81%, open higher on Wednesday and closed near Tuesday’s high.

SPX advancers: NXPI GNRC INTC STX CNC LITE SBUX V FFIV GD ADP MCHP.

SPX decliners: TER HOOD GEHC PODD BF/B CHTR COIN REGN BAX ODFL.

SPY below average volume of 41.8 million shares.

VIX +0.98 18.81, 

NDX +0.58% bounced above Tuesday’s candle.

DJI, 48,861, -0.57% continued in a bull flag pullback

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

Up: QQQ,

Down: SPY, DIA, IWM

The SPY MFC green line was flat at 97, price-action is a pause day and is short-term bullish. -0.6. 

Three of eleven sectors (44.2%) were higher on Wednesday led by XLE, XLK and XLF. 

50 of 100 NDX stocks closed higher on Wednesday.

65 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, AMD, CSX, FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, FER, MU, NVDA, NXPI, SBUX, META, MNST, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, DDOG, PANW, CRWD, FTNT, MDB, FANG, BKR, KDP, AEP, CEG, LIN, TSLA, ADBE, CPRT, KHC, MDLZ, PEP, ADP, COST, EA, PAYX, ROP, TRI, VRSK,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 7

ADP, COST, EA, PAYX, ROP, TRI, VRSK,

Moving Below 30 DMA = 2

CCEP, ISRG,

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DJI, SPX, NDX, RUT Closed Lower...Breadth Weakened...Afterhours - STX Gains on Positive EPS Reaction...AMZN, GOOGL, META, MSFT Report Wednesday After the Close...

© 2026

SPX -35.11, 7,138, pulled back in a one-day bull flag pattern.  Breadth weakened as decliners led on the NYSE and NASDAQ exchanges. Volume was below average and VIX closed lower, a sign that institutions continued to unwind hedges. 

The FOMC will report on its latest interest rate action on Wednesday at 2 p.m. EDT.  Rates are expected to remain unchanged. 

AMZN GOOGL META MSFT report after the close tomorrow Wednesday, April 29.

After hours: STX +107.97, 18.65% reported EPS and had a strong positive reaction to earnings.

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EPS season Day 11:   CNC BEN AVB NUE KO VTR INCY AMT IVZ GM ABY KMB closed higher on a positive EPS reaction.  ARE ZBH PNR UHS GLW ALLE PCAR XYL BRO UPS SHW CDNS HLT PSA SYY SPBI CINF ECL CMS closed lower after a negative EPS reaction.  

ABBV ADP APH BG BIIB CTSH EME ETR GS GEHC GNRC GRMN HUM IEX LII ODFL PSX REGN SWK VMC VRSK YUM report EPS Wednesday BMO. 26 more SPX companies report after the close for 48 total on Wednesday.  There are 156 companies or 31.2% of SPX companies scheduled to report Tuesday, Wednesday and Thursday.

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NVDA -3.44, -1.59%, on 180.2 million shares.

MU -20.27, -3.86%, paused and formed a doji on Tuesday.

SPX advancers: CNC BEN AVB UDR PKG NUE EQR ESS CPT IP MAA KO UNH.

SPX decliners: ARE ZBH PNR UHS GLW LITE ALLE CIEN SNDK ALB PCAR AMAT.

SPY below average volume of 43.1 million shares.

VIX -0.19 17.83, 

NDX -1.01% paused and formed a spinning top od Tuesday.

DJI, 49,141, -0.05% formed a spinning top in a bull flag pullback

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

Up:

Down: DIA, SPY, QQQ, IWM

The SPY MFC green line pointed up at 97.6, price-action is a bounce to new closing high short-term bullish. +1.1. 

Six of eleven sectors (32.8%) were higher on Tuesday led by XLE, XLRE and XLP. 

37 of 100 NDX stocks closed higher on Tuesday.

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

NDX Stocks to Watch on Wednesday

Moving Above 30 DMA = 5

ADBE, CPRT, KHC, MDLZ, PEP,

Moving Below 30 DMA = 6

ASML, BKNG, COST, IDXX, ORLY, PCAR,

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