Wednesday, June 24, 2026

RUT, DJI Closed Higher, SPX, NDX Closed Lower...VIX Fell...Afterhours MU +18% on Better than expected EPS...


© 2026


SPX -7.24, 7,358, opened flat, traded in a range and closed slightly lower.  Breadth strengthened slightly as advancers led on the NYSE, and decliners led slightly on the NASDAQ exchange.  VIX fell. 

SpaceX, SPCX, closed at 154.54, -1.98%.  SPCX completed a $25 billion offering of senior unsecured notes on Tuesday. Our view is that SPCX with no earnings continues to be a total speculation.  As Ben Graham observed there is intelligent speculation, like there is intelligent investing.  If you choose to speculate, do so intelligently.

After hours: MU +166.04, +15.84%, reported adj. EPS $25.11 beats $20.63 Estimate, Sales $41.456B beat $35.590B Estimate

SPX advancers: MHK IQV CRL UAL BKNG PHM SWK EXPE GDDY DHI MAS.
SPX decliners: BX HOOD ARES COIN PFG ORCL CME STX WDC FCX BKR.

SPY -0.05% on slightly above average volume of 57.4 million shares.
VIX -0.86, 18.63,
NDX -0.43%, traded in a range and closed lower.
DJI, 51,848, +0.35%, closed higher.


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


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


The SPY MFC green line is down at 45.8 and after-hours price-action is short-term bullish. -9.9

Six of eleven sectors were higher on Wednesday led by XLI, XLY and XLU. 


52 of 100 NDX stocks closed higher on Wednesday.

48 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, STX, CSCO, AMAT, LRCX, AAPL, MU, MNST, PANW, CRWD, FTNT, KDP, ASML, KLAC, MAR, ROST, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, INTC, WDC, VRTX, FER, ABNB, DASH, TTWO, AEP, AMGN, ALAB, NBIS, TER, AXON, GEHC, ROP, XEL, ALNY, AZN, HON, MDLZ, MELI, SBUX, WBD,

NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 7
ALNY, AZN, HON, MDLZ, MELI, SBUX, WBD,


Moving Below 30 DMA = 3
CDNS, PAYX, TXN,



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Tuesday, June 23, 2026

DJI, RUT, SPX, NDX Closed Lower...VIX Rose...Technology Led all Sectors Lower as Semiconductor Stocks Led Decliners...


© 2026


SPX -107.79, 7,365, opened lower, traded in a range and closed lower.  Breadth strengthened slightly as advancers barely led on the NYSE, and decliners led on the NASDAQ exchange.  VIX rose. 

SpaceX, SPCX, closed at 156.11, +0.98%.  Our view is that SPCX with no earnings continues to be a total speculation.  Wall St. consensus list positive earnings in 2028.  If you choose to trade it, do so knowing it is a speculation.

SPX advancers: AXON CDW GEHC IBM CHTR HSY CAG ERIE VEEV ALL PGR.
SPX decliners: SNDK MU VRT ON COHR LRCX MCHP KLAC ADI AMAT WDC.

SPY -1.45% on above average volume of 66.7 million shares.
VIX +2.21, 19.49,
NDX -3.29%, gapped down open and closed lower in a channel.
DJI, 51,666, -0.09%, closed higher.


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


Up:  
Down: DIA, IWM, SPY, QQQ,

The SPY MFC green line is down at 55.7 and price-action is counter-trend defensive. -11.7

Seven of eleven sectors were higher on Tuesday led by XLP, XLV and XLRE. 


42 of 100 NDX stocks closed higher on Tuesday.

44 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, BKNG, INTC, WDC, VRTX, FER, TXN, ABNB, DASH, TTWO, AEP, AMGN, ALAB, NBIS, TER, AXON, GEHC, PAYX, ROP, XEL,

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 5
AXON, GEHC, PAYX, ROP, XEL,


Moving Below 30 DMA = 9
ADI, CEG, CRWV, CSX, HON, MCHP, NXPI, QCOM, WBD,



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Monday, June 22, 2026

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


© 2026


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 down 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, CRWV, NBIS, TER,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 4 + 4
AEP, AMGN, CSX, WBD, added to the NDX today: ALAB, CRWV, NBIS, TER


Moving Below 30 DMA = 5
DXCM, IDXX, ODFL, PAYX, ROP,



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