RUT, DJI Closed Higher, SPX, NDX Closed Lower...Breadth Weakened...ALAB, CRWV, NBIS, RKLB, TER Added to the NDX Today...

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Our iBullyBear Mentoring account once again hit a new all-time Net Liq high on strength in MU, SOXL, SNDK, SMH and AMAT on Monday.  If you are not employing a systematic approach to decision-making in the face of uncertainty and you want to improve your skills contact us through the iBullyBear link above.

SPX -27.79, 7,472, opened flat, traded in a range and closed lower.  Breadth weakened as advancers fell from Thursday, and decliners led on both the NYSE and NASDAQ exchanges.  VIX rose. 

SpaceX, SPCX, closed at 154.60, -16.43%.  Market cap fell to approximately $2 trillion, which places it seventh in market cap behind AMZN and TSM.  At 2025 revenues of $18.7 billion, it is the only company, in that group, with less than $131 billion of annual revenues.  Our view is that SPCX with no earnings continues to be a total speculation.  Wall St. consensus list positive earnings in 2028.

SPX advancers: SMCI COHR ON GLW CIEN VRT MU ABBV GNRC INCY PWR.

SPX decliners: MRNA PLTR VRSN CMG NFLX LULU DPZ FOXA CLX ORCL GOOGL.

SPY -0.31% on below average volume of 46 million shares.

VIX +0.50, 17.28,

NDX -0.19%, paused.

DJI, 51,712, +0.29%, closed higher.

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

Up: IWM, DIA,

Down: SPY, QQQ,

The SPY MFC green line is up at 67.4 and price-action is short-term bullish. -1

Eight of eleven sectors were higher on Monday led by XLE, XLRE and XLV. 

NDX 100 added ALAB, CRWV, NBIS, RKLB, TER replacing CHTR CTSH, INSM, VRSK, ZS this morning before the open.

44 of 100 NDX stocks closed higher on Monday.

48 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, STX, CSCO, AMAT, LRCX, AAPL, MU, MNST, CDNS, PANW, CRWD, FTNT, KDP, ASML, KLAC, MAR, ROST, EA, FAST, PCAR, CCEP, EXC, LIN, ADI, BKNG, INTC, WDC, VRTX, FER, HON, TXN, ABNB, DASH, TTWO, CEG, MCHP, NXPI, QCOM, AEP, AMGN, CSX, WBD, ALAB, CRWD, NBIS, TER,

NDX Stocks to Watch on Tuesday

Moving Above 30 DMA = 4 + 4

AEP, AMGN, CSX, WBD, added to the NDX today: ALAB, CRWD, NBIS, TER

Moving Below 30 DMA = 5

DXCM, IDXX, ODFL, PAYX, ROP,

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RUT All-time New Closing High...NDX, SPX, DJI Closed Higher...Friday is Juneteenth Holiday, No Trading...Have a Great Weekend...

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Our iBullyBear Mentoring account once again hit a new all-time Net Liq high on strength in SOXL, SNDK, AMUU, LRCX and AVL on Thursday.  If you are not employing a systematic approach to decision-making in the face of uncertainty and you want to improve your skills contact us through the iBullyBear link above.

Trading is a life skill that can be learned like every other life skill, but it does require focus, effort and concentration.  We provide a daily systematic learning approach to trading for traders that are committed to developing trading skill.  No guessing.  Probability thinking.

II like the way Art Turock said it: “There’s a difference between interest and commitment.  When you’re interested in doing something, you do it only when circumstances permit.  When you’re committed to something, you accept no excuses, just results.”

Each person accepts for themselves, excuses or results.   At iBullyBear Mentoring we achieve results!

SPX +80.48, 7,500, opened higher and recovered about 90% of Wednesday late selloff after the Fed left rates unchanged as expected and the SPX fell 90 points into the close.

Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges.  VIX fell. 

SpaceX, SPCX, closed at $185.00, -3.56%.  Aswath Damodaran, a known value expert, pre-IPO stated that his view was a business valuation of $1.3 trillion, which would be approximately $100/share.  Assuming his estimate is approximately accurate, it means the stock is fully valued at that price.  2025 revenues were $18.7 billion with a total loss of $4.94 billion and a loss from operations of $ 2.59 billion.  Wall St. consensus estimates indicate earnings in 2028.

SPX advancers: SNDK GLW INTC SMCI MU Q ON TER TXN QCOM MCHP.

SPX decliners: ACN CTSH KR STLD OMC LHX NOC IBM IT SLB CHTR.

SPY +1.04% on above average volume of 79.8 million shares.

VIX -2.04, 16.40, as hedges are closed…

NDX +2.48%, as the broad market rallied.

DJI, 51,564, +0.12%, closed higher.

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

Up: QQQ, IWM, SPY, DIA,

Down:

The SPY MFC green line is up at 68.4 and price-action is short-term bullish. +1.4

Five of eleven sectors were higher on Thursday led by XLK, XLY and XLI. 

On Monday, June 22 before the open ALAB, CRWV, NBIS, RKLB, TER will be added to the NDX 100 replacing CHTR CTSH, INSM, VRSK, ZS which will be deleted from the index.

62 of 100 NDX stocks closed higher on Thursday.

45 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, STX, CSCO, AMAT, LRCX, AAPL, MU, MNST, CDNS, PANW, CRWD, FTNT, KDP, DXCM, PAYX, ASML, KLAC, MAR, ROST, EA, FAST, PCAR, CCEP, EXC, LIN, ADI, BKNG, INTC, WDC, VRTX, FER, HON, TXN, ABNB, DASH, TTWO, CEG, IDXX, MCHP, NXPI, ODFL, QCOM, ROP,

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 7

CEG, IDXX, MCHP, NXPI, ODFL, QCOM, ROP,

Moving Below 30 DMA = 4

AMGN, DDOG, MDB, VRSK,

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RUT, DJI, NDX, SPX Closed Lower after the Fed Leaves Rates Unchanged as Expected...Breadth Weakens...VIX Rose...

© 2026

Tomorrow, Thursday June 18 is expiration this week as Friday is a holiday and a 3-day weekend.  SPY declared a $1.76 quarterly dividend today and goes ex-dividend tomorrow.

SPX -91.25, 7,420, opened nearly unchanged and traded in a range. The Fed left rates unchanged as expected. The SPX rallied as the FOMC press conference began for about 15 minutes when SPX reversed and fell 90 points into the close. Another Fed press conference pullback.  While markets do fluctuate continually the intermediate to long-term trend is still up.

Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges.  VIX rose. 

SpaceX, SPCX, closed at $191.82, -4.95%.  SpaceX is still a speculation with no earnings and 2025 revenues less than $20 billion.

SPX advancers: MRNA HOOD GEV VRT WDC AMAT AVGO MOS DELL INTC STX.

SPX decliners: SATS EFX APP CHTR NDAQ IT EL NOW CAN ODFL META.

SPY -1.25% on above average volume of 85.9 million shares.

VIX +2.03, 18.44, as hedgers hedged as SPX traded lower…

NDX -0.99%, as the broad market moved lower .

DJI, 51,492, -0.98%, reached an all-time intraday high before closing lower.

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

Up:  

Down: IWM, DIA, QQQ, SPY,

The SPY MFC green line is up at 67, and price-action is short-term bullish. +3.5

All eleven sectors were lower on Wednesday smallest decline in XLI, XLK and XLF. 

On June 22 ALAB, CRWV, NBIS, RKLB, TER will be added to the NDX 100 replacing CHTR CTSH, INSM, VRSK, ZS which will be deleted from the index.

19 of 100 NDX stocks closed higher on Wednesday.

42 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, STX, CSCO, AMAT, LRCX, AAPL, MU, MNST, CDNS, DDOG, PANW, CRWD, FTNT, KDP, MDB, DXCM, PAYX, ASML, KLAC, MAR, ROST, EA, VRSK, FAST, AMGN, PCAR, CCEP, EXC, LIN, ADI, BKNG, INTC, WDC, VRTX, FER, HON, TXN, ABNB, DASH, TTWO,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 0

Moving Below 30 DMA = 14

ADP, AEP, AXON, CSX, CTAS, GEHC, IDXX, KHC, MCHP, MDLZ, MELI, ODFL, ORLY, ROP,

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