Wednesday, March 11, 2026

NDX Closed Flat...SPX, RUT, DJI Closed Lower...Breadth Negative...Broad Market Sideways Near Support after Inline CPI Report...


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SPX -5.68, 6,775, formed a red spinning top that closed slightly lower.   Breadth remained negative as decliners led on both the NYSE and Nasdaq exchanges.  The CPI report at 8:20 am EDT, was in-line with consensus, Core inflation was Y/Y 2.5% and M/M 0.2%.

NVDA +1.26, +10.68%, rose on 140 million shares.

SPX leaders: MOS ORCL CF VLO DINO SNDK MPC OXY PSX MOH MU CTRA DVN.
SPX decliners: FICO CPB CAG IFF MKC CEG ARES BF/B NRG GDDY WY GIS.

SPY traded below average volume of 67.9 million shares on Wednesday.
VIX -0.70, 24.23, closed lower. 
NDX +0.03%, formed a black spinning top candle.
DJI, 47,417, -0.61%, formed a red candle at support.


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


Up
Down: QQQ, SPY, IWM, DIA

The SPY MFC green line turned down at 35.3, price-action closed above three-month support and is short-term defensive. -3.1

Two of eleven sectors (36.4%) were higher on Wednesday led by XLE, XLK and XLB


42 of 100 NDX stocks closed higher on Wednesday.

44 NDX stocks are above their 30 DMA: BKNG, AEP, AMGN, FANG, CCEP, ROST, TMUS, XEL, EXC, CEG, SBUX, ABNB, AXON, NLFX, FAST, VRSK, ADSK, FTNT, PLTR, TRI, APP, ROP, ADBE, AVGO, CRWD, DDOG, INTU, PANW, COST, MRVL, HON, MSTR, INTC, VRTX, AMAT, CDNS, CTAS, KLAC, LIN, MU, NVDA, PYPL, REGN, TTWO,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 10
AMAT, CDNS, CTAS, KLAC, LIN, MU, NVDA, PYPL, REGN, TTWO,


Moving Below 30 DMA = 6
ARM, CMCSA, CSX, GILD, ODFL, PDD,   



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Tuesday, March 10, 2026

NDX, DJI, RUT, SPX Closed Lower...Breadth, Sectors Weakened...


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SPX -14.51, 6,781, formed a red spinning top that closed slightly lower.   Breadth weakened as decliners led on the NYSE and the Nasdaq exchanges and sectors declined.

CPI report Wednesday 8:30 am EDT.

NVDA +2.12, +1.16%, rose on 178.9 million shares.

SPX leaders: VRTX CIEN GLW SNDK MU FCX STX INTC MMM ETN AKAM FTI.
SPX decliners: CNC FICO APP PSKY WST URI CRL AXON PAYC CBOE ERIE WM.

SPY traded average volume of 81.4 million shares on Tuesday.
VIX -0.57, 24.93, closed lower. 
NDX -0.04%, formed a red spinning top candle.
DJI, 47,706, -0.07%, formed a red spinning top, that closed above support.


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


Up: QQQ,  
Down: DIA, IWM, SPY,

The SPY MFC green line turned up at 38.4, price-action closed above Friday’s high and three-month support and is short-term bullish. +0.7. 

Ten of eleven sectors were lower and XLK was unchanged on Tuesday led by XLK, XLY and XLC. 


42 of 100 NDX stocks closed higher on Tuesday.

40 NDX stocks are above their 30 DMA: ODFL, BKNG, CMCSA, AEP, AMGN, FANG, CCEP, ROST, TMUS, XEL, EXC, CEG, SBUX, ABNB, AXON, NLFX, FAST, VRSK, ADSK, FTNT, PLTR, TRI, APP, ROP, ADBE, AVGO, CRWD, DDOG, INTU, PANW, COST, MRVL, HON, MSTR, ARM, CSX, GILD, INTC, PDD, VRTX,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 6
ARM, CSX, GILD, INTC, PDD, VRTX,  


Moving Below 30 DMA = 9
BKNG, CDNS, CTAS, KHC, LIN, PAYX, PYPL, REGN, TTWO,  



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Monday, March 9, 2026

NDX, SPX, RUT, DJI Rise Form Bullish Engulfing Candles, Breadth Strengthened, Mixed...VIX Fell, Formed Dark Cloud Cover...


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SPX +55.97, 6,795, opened lower formed a bullish engulfing candle and closed higher.   Breadth strengthened as decliners shrank but still led on the NYSE and advancers led on the Nasdaq exchange. COST +7.20, +0.72%, in a post-EPS channel bounce.

NVDA +4.83, +2.72%, rose on 176.7 million shares.

SPX leaders: SNDK, TER, CIEN, WDC, KLAC, LYV, MRNA, STX, LRCX, AMD, GEV.
SPX decliners: PSKY, DINO, AJG, CHTR, BR, T, VLO, BRO, EXPE, GPC, CSCO.

SPY traded above average volume of 102.4 million shares on Monday.
VIX -3.99, 25.50, opened higher reversed lower. 
NDX +1.32%, formed a bullish engulfing candle, closed above short-term support.
DJI, 47,740, +.50%, formed a hammer/bullish engulfing candle that closed above support.


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


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

The SPY MFC green line is pointed down at 37.7, price-action closed above Friday’s high and three-month support and is short-term bullish. -0.7

Nine of eleven sectors were higher on Monday led by XLK, XLV and XLI. 


67 of 100 NDX stocks closed higher on Monday.

43 NDX stocks are above their 30 DMA: ODFL, BKNG, CMCSA, LIN, AEP, AMGN, FANG, CCEP, ROST, TMUS, XEL, CTAS, EXC, CEG, SBUX, ABNB, AXON, NLFX, FAST, VRSK, ADSK, CDNS, FTNT, PLTR, TRI, APP, PYPL, ROP, ADBE, AVGO, BKNG, CRWD, DDOG, INTU, KHC, PANW, PAYX, COST, MRVL, HON, MSTR, REGN, TTWO,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 4
HON, MSTR, REGN, TTWO,


Moving Below 30 DMA = 1
CHTR,  



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