SPX, NDX, DIA Closed Higher...IWM Closed Lower...VIX Hits Six-month Low...Earnings Season Starts Tuesday: JPM, C, BAC, WFC & more...

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SPX +31.75, 7,575, opened flat and closed higher, just 34 points below its all-time closing high.  Both the NDX and SPX rose in their 5-week sideways channel.  Breadth was mixed as advancers led on the NYSE and decliners led on the NASDAQ exchange.

SPX was choppy this week, but did gain 92 points: Monday up, Tuesday down, Wednesday down then up, Thursday up and Friday down then up.

Earnings season starts Tuesday with JPM, C, BAC, WFC & more.

SK Hynix ADR IPO started trading under the temporary symbol (SKHYV) on Friday.

SpaceX, SPCX, closed at 145.30, -4.51%. Our view is that SPCX, with no earnings, IS an overvalued speculation.

SPX advancers: META WY SBAC NVDA CCI BF/B CLX NKE MOS BBY CAG.

SPX decliners: MRNA CRWD DDOG FTNT GILD PANW DELL MRVL FDXF FLEX.

SPY +0.43%, below average volume of 42.2 million shares.

VIX -0.81, 15.03.

NDX +0.33% opened lower and closed higher, crossing above its 30 DMA.

DJI, 52,637 +0.29%, bounced above the high of the following day in its bull flag pattern.

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

Up: SPY, QQQ, DIA,

Down: IWM,

The SPY MFC green line is up at 73, price-action remained above ST support and is short-term bullish. +5.3

Ten of eleven sectors were higher on Friday led by XLB, XLP and XLC. 

55 of 100 NDX stocks closed higher on Friday.

54 NDX stocks are above their 30 DMA: AMAT, MNST, PANW, CRWD, FTNT, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, VRTX, ABNB, DASH, TTWO, AEP, AMGN, ALAB, AXON, GEHC, ROP, AZN, SBUX, CSX, KHC, ADP, DDOG, MELI, PAYX, PYPL, REGN, ALNY, CTAS, TRI, AAPL, GILD, WDAY, DXCM, META, PDD, AMD, AMZN, ASML, AVGO, IDXX, TSLA, TXN, ADBE, CSCO, HON, KDP, SNDK, TMUS, XEL,

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 7

ADBE, CSCO, HON, KDP, SNDK, TMUS, XEL,

Moving Below 30 DMA = 2

CDNS, MDB,

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NDX, RUT, SPX, DJI Closed Higher as Semis, Tech Stocks Rally...Breadth Strengthens...

© 2026

SPX +60.93, 7,543, opened and closed higher, confirmed Wednesday’s hammer candle for a bounce continuation move.  SPX is just 66 points below its highest close, in its multi-week channel.  Both the NDX and SPX rose in their 5-week sideways channel.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges.

Reports indicate that SK Hynix ADR IPO (SKHY) is 7 times oversubscribed, will start trading on Friday.  MU, SK Hynix and Samsung South Korean companies have been tradeable in the DRAM ETF since April 2.

SpaceX, SPCX, closed at 152.16, +2.60%. Our view is that SPCX, with no earnings, IS an overvalued speculation.

SPX advancers: LITE HPE FDXF SNDK NCLH LRCX IVZ AMD PANW FCX WDC.

SPX decliners: APA PSKY COST CINF PEP MCK PM DVN J AXON EOG.

SPY +0.85%, below average volume of 40.8 million shares.

VIX -1.06, 15.84.

NDX +1.62% opened and closed higher, below its 30 DMA.

DJI, 52,487 +0.27%, a three-day bull flag pattern.

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

Up: QQQ, IWM, SPY, DIA,

Down:

The SPY MFC green line is up at 67.7, price-action remained above ST support and is short-term bullish. +3.2

Seven of eleven sectors were higher on Thursday led by XLK, XLY and XLF. 

65 of 100 NDX stocks closed higher on Thursday.

49 NDX stocks are above their 30 DMA: AMAT, MNST, PANW, CRWD, FTNT, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, VRTX, ABNB, DASH, TTWO, AEP, AMGN, ALAB, AXON, GEHC, ROP, AZN, SBUX, CSX, KHC, ADP, DDOG, MELI, PAYX, PYPL, REGN, ALNY, CTAS, MDB, TRI, AAPL, GILD, WDAY, DXCM, META, PDD, AMD, AMZN, ASML, AVGO, CDNS, IDXX, TSLA, TXN, 

NDX Stocks to Watch on Friday

Moving Above 30 DMA = 8

AMD, AMZN, ASML, AVGO, CDNS, IDXX, TSLA, TXN,   

Moving Below 30 DMA = 4

AZN, ISRG, PLTR, XEL,

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NDX Closed Higher as Semi and Technology Stocks Rallied...SPX, RUT, DJI Closed Lower...SPX Formed a Hammer Candle...

© 2026

SPX -21.14, 7,482, traded in a range and formed a hammer candle, in its multi-week channel.  Both the NDX and SPX paused in its 4 1/2 -week consolidation sideways channel.  Breadth remained negative as decliners led on the NYSE and NASDAQ exchanges.

SpaceX, SPCX, closed at 148.30, -0.78%, closed lower. Our view is that SPCX, with no earnings, IS an overvalued speculation.

SPX advancers: AKAM ANET SMCI SNDK DINO VLO BKR MPC CIEN CASY PSX.

SPX decliners: SYF MRNA SW AXON RMD GPN ALGN AMCR COF BLDR PHM.

SPY -0.31%, below average volume of 42.9 million shares.

VIX +0.77, 16.90.

NDX +0.27% opened lower, closed higher, below its 30 DMA.

DJI, 52,348 -1.09%, a two-day bull flag pattern.

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

Up: QQQ,

Down: SPY, IWM, DIA,

The SPY MFC green line is flat at 64.5, price-action remained above ST support and is short-term bullish. -0.7

Two of eleven sectors were higher on Wednesday led by XLE, XLK and XLP. 

39 of 100 NDX stocks closed higher on Wednesday.

45 NDX stocks are above their 30 DMA: AMAT, MNST, PANW, CRWD, FTNT, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, VRTX, ABNB, DASH, TTWO, AEP, AMGN, ALAB, AXON, GEHC, ROP, XEL, AZN, SBUX, CSX, KHC, ADP, DDOG, MELI, PAYX, PYPL, REGN, ALNY, CTAS, MDB, TRI, AAPL, GILD, ISRG, WDAY, DXCM, META, PDD, PLTR,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 0

Moving Below 30 DMA = 7

AMD, APP, KDP, GOOGL, IDXX, PEP, TMUS,

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