Friday, September 4, 2026

RUT, NDX Closed Higher...SPX, DJI Closed Lower...Breadth Was Mixed...VIX Inched Up...Markets are Closed Monday...Have a Wonderful Labor Day Weekend...


© 2026


SPX -29.11, 7,718,


more to follow...





SPX advancers: SNDK KLAC MRVL COHR NRG STX MU WDC GLW TER LRCX.
SPX decliners: LULU FICO ADSK ADBE EFX PTC TSLA SNPS WDAY NFLX DASH.


SPCX closed at 147.954, -1.79, on volume of 49.1 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  As I have mentioned multiple times in our iBullyBear mentoring sessions, the market has been willing to absorb private shareholder selling since August 6.

SPY -2.98, -0.39%, average volume of 34 million shares, bounce pause day red spinning top. 
VIX +0.21, 14.53 closes higher. 
NDX +0.21% a bounce continuation doji.
DJI, 53,414 -0.51%, closed above its 30 DMA.


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


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

The SPY MFC green line is up at 76.3, price-action on Friday, a bull flag bounce pause and is short-term bullish. +0.3

Three of eleven sectors were higher on Friday. 


43 of 100 NDX stocks closed higher on Friday.

41 NDX stocks are above their 30 DMA: AMGN, ADP, REGN, ROP, TRI, WDAY, ABNB, BKR, CPRT, DXCM, MSFT, CMCSA, CEG, LITE, NFLX, PLTR, WBD, GILD, SPCX, VRTX, MU, SNDK, KDP, MELI, MSTR, TSLA, QCOM, NVDA, AAPL, TMUS, ALNY, META, CRWD, ALAB, AMD, CRWV, INTC, NBIS, LRCX, MRVL, STX,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 8
ALAB, AMD, CRWV, INTC, NBIS, LRCX, MRVL, STX,


Moving Below 30 DMA = 8
ADBE, AZN, CCEP, DASH, FANG, INTU, PAYX, SNPS,



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Thursday, September 3, 2026

DJI, NDX, SPX, RUT Closed Higher...Average volume...VIX Lower...CIEN, AVGO Close Lower on Positive EPS Reactions...Jobs Report Friday BMO...


© 2026


SPX +81.11, 7,747, opened higher, trended higher, formed a white candle and closed above 7,700.  Oil closed +66 cents.  Breadth remained positive as advancers again led on both the NYSE and NASDAQ exchanges.  The VIX closed near recent lows at 14.32.  RUT 2,968 rose on Thursday.

Jobs Report Friday at 8:30 am ET, could give the market a catalyst to fluctuate.  Consensus is +55K nonfarm payrolls and a 4.2% unemployment rate.

SPX advancers: HOOD COIN PLTR NOW PFG AXON ORCL CRWD TSLA HPE DELL.
SPX decliners: CIEN TSN CHTR ALB CAG GIS KHC DOW BSX AVGO LYB.

CIEN -36.70, -10.36%, EPS $2.11 beats $1.73 estimate, sales $1.671B beat $1.633B estimate.
AVGO -10.08, -2.74%, EPS $3.32 beats $3.24 estimate, sales $13.088B miss $29.362B estimate.

SPCX closed at 149.74, +9.03, on volume of 120.9 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  As I have mentioned multiple times in our iBullyBear mentoring sessions, the market has been willing to absorb private shareholder selling since August 6.

SPY +8.01, +1.05%, average volume of 43.5 million shares, bounce continuation for a second day after a 13-day extended bull flag. 
VIX -0.88, 14.32 second lowest close since January. 
NDX +1.16% a bounce continuation white candle.
DJI, 53,686 +1.18%, closed above its 30 DMA.


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


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

The SPY MFC green line turned up at 76, price-action on Thursday, a bull flag bounce continuation and is short-term bullish. +0.8

Eight of eleven sectors were higher on Thursday. 


61 of 100 NDX stocks closed higher on Thursday.

41 NDX stocks are above their 30 DMA: AMGN, ADP, PAYX, REGN, INTU, ROP, ADBE, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, CEG, LITE, NFLX, PLTR, WBD, GILD, SPCX, VRTX, MU, SNDK, KDP, MELI, MSTR, TSLA, SNPS, QCOM, NVDA, AAPL, TMUS, ALNY, FANG, META, AZN, CCEP, CRWD,

NDX Stocks to Watch on Friday
Moving Above 30 DMA = 3
AZN, CCEP, CRWD,


Moving Below 30 DMA = 3
KHC, PEP, SBUX,



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Wednesday, September 2, 2026

RUT, DJI, SPX, NDX Closed Higher...SPX Bull Flag Bounce...Breadth Strengthened...VIX Closed Lower...


© 2026


SPX +35.13, 7,666, opened higher, formed a white candle, closed above the high of the low day in an extended bull flag pattern as oil prices traded in a range and closed down 5 cents.  Once again, SPX closed below 7,700. 

Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges.  The VIX closed lower.  RUT 2,953 rose on Wednesday.

SPX advancers: DELL RDDT CHTR SWKS XYZ STLD TTD BBY NUE PYPL TKO.
SPX decliners: PANW DDOG EIX PLTR CRWD PCG OMC FTNT CBOE NOW LDOS.

After-hours: 
SNOW +70.76, +23.14%, EPS $0.62 beats $0.45 estimate, sales $1.547B beat $1.482B estimate.
AVGO -3.01, -0.82%, EPS $3.32 beats $3.24 estimate, sales $13.088B miss $29.362B estimate.

SPCX closed at 140.71, -1.52, on volume of 49.9 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY +3.38, +0.44%, below average volume of 29.5 million shares, it did bounce above the high of the low day.  Watch for price to stay above Tuesday’s low of $759.48.
VIX -1.14, 15.20 reversed yesterday’s bounce. 
NDX +0.23% a small bullish engulfing.
DJI, 53,061 +0.56%, closed just below its 30 DMA and above ST support.


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


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

The SPY MFC green line is flat at 75.2, price-action on Wednesday, closed above the high of the low day, a bull flag bounce and is short-term bullish. -0.3

Nine of eleven sectors were higher on Wednesday. 


54 of 100 NDX stocks closed higher on Wednesday.

41 NDX stocks are above their 30 DMA: AMGN, ADP, PAYX, REGN, INTU, ROP, ADBE, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, CEG, LITE, NFLX, PLTR, WBD, GILD, SPCX, VRTX, MU, SNDK, KDP, MELI, MSTR, TSLA, SBUX, SNPS, QCOM, NVDA, AAPL, KHC, TMUS, ALNY, FANG, META, PEP,

NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 2
META, PEP,


Moving Below 30 DMA = 6
ADSK, CRWD, FTNT, GEHC, MDB, PANW,



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