NDX, SPX New Closing High...RUT Closed Higher, DJI Closed Lower...PPI Report Higher than Expected...US/China Summit Begins Thursday...

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Our iBullyBear Mentoring account once again hit a new all-time Net Liq high today on strength in SOXL, MU, GOOGL and LITE on Wednesday.  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 +43.29, 7,444, pulled back for about 30 minutes after the open following a higher-than-expected PPI report, before reversing up to rally to a new all-time high. Breadth was mixed as NASDAQ advancers rose 41%, but decliners still led on both the NYSE and NASDAQ exchanges.  The US/China Summit starts Thursday morning.

The PPI report was 6.0% vs 4.9% est. and Core PPI 5.2% vs. 4.3% estimate.

SPX advancers: F ON COHR AKAM HPE GEN PANW MU GLW CME GOOGL.

SPX decliners: APP FDS CEG K PODD ACN IT MRNA TECH EPAM WAT.

Earnings season is winding down this week with only 10 SPX companies reporting.  Next week retail stocks HD, TGT, TJX, WMT and ROST report.

NVDA +5.05, +2.29%, a new all-time closing high on 150.4 million shares, EPS on May 20 AMC.

MU +37.05, +4.83%, bounced above the high of the low day to an all-time closing high.

SPY +0.56%, bounce to an all-time closing high on below average volume of 44.2 million shares.

VIX -0.12, 17.87, 

NDX +1.04% move > HOLD to an all-time closing high.

DJI, 49,693, -0.14% trading range near horizontal resistance.

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

Up: QQQ, SPY, IWM,

Down: DIA,

The SPY MFC green line is flat at 98, price-action is short-term bullish. -0.2 

Six of eleven sectors (73%) were higher on Wednesday led by XLK, XLC and XLV. 

44 of 100 NDX stocks closed higher on Wednesday.

53 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, FAST, AMZN, INTC, KLAC, MPWR, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, AAPL, MU, NVDA, NXPI, SBUX, MNST, CDNS, QCOM, SNPS, MSFT, MSTR, TTWO, APP, DDOG, PANW, CRWD, FTNT, KDP, TSLA, KHC, MDLZ, ADP, MDB, ZS, ASML, FER, BKR, FANG, LIN, VRTX, COST,  WBD,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 1

WBD,  

Moving Below 30 DMA = 2

CPRT, PAYX,

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DJI, SPX, NDX, RUT Pause on Tuesday...Breadth Weakened on Tuesday...CPI Report...

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SPX +11.88, 7,400, a pause day, as semiconductor stocks paused. Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges. 

The CPI report headline CPI was 3.8% and Core CPI 2.8% vs. 2.7% estimate.

SPX advancers: ZBRA Q HUM CNC HII ZBH CF ANET STE APH SYK.

SPX decliners: QCOM INTC SNDK LITE SWKS WDC LKQ GLW ETN COIN JBL.

Earnings season begins to wind down this week with only 10 SPX companies reporting.  Next week retail stocks HD, TGT, TJX, WMT and ROST report.

NVDA +1.34, +0.61%, a new all-time closing high on 159.1 million shares, EPS on May 20 AMC.

MU -28.75, -3.61%, one-day pull back.

SPY -0.15%, one-day bull flag set up on below average volume of 54.1 million shares.

VIX -0.39, 17.99, 

NDX -1.05% one-day bull flag set up.

DJI, 49,760, +0.11% trading range near horizontal resistance.

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

Up: DIA,

Down: SPY, QQQ, IWM,

The SPY MFC green line is flat at 98.2, price-action is short-term bullish. -0.2 

Seven of eleven sectors (49.9%) were higher on Tuesday led by XLV, XLP and XLF. 

44 of 100 NDX stocks closed higher on Tuesday.

54 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, FAST, AMZN, INTC, KLAC, MPWR, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, AAPL, MU, NVDA, NXPI, SBUX, MNST, CDNS, QCOM, SNPS, MSFT, MSTR, TTWO, APP, DDOG, PANW, CRWD, FTNT, KDP, TSLA, KHC, MDLZ, ADP, MDB, ZS, ASML, FER, PAYX, BKR, FANG, LIN, VRTX, COST, CPRT,  

NDX Stocks to Watch on Wednesday

Moving Above 30 DMA = 2

COST, CPRT,

Moving Below 30 DMA = 4

ABNB, ADBE, CEG, XEL,

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NDX, SPX Make All-time Closing Highs...RUT, DJI Closed Higher...Advancers Weaken as EPS Season Begins to Wind Down...

© 2026

Our iBullyBear Mentoring account once again hit a new all-time Net Liq high today on strength in MU SOXL, WDC, VRT and CAT 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 +13.91, 7,412, closed at a new all-time high, as semiconductor stocks continued to rally rallied after a lower open. Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges. 

The CPI report for April is due before the open Tuesday at 8:30 am EDT, the consensus is 3.8% compared with 3.3% for March.  Core CPI is 2.7% consensus compared with 2.6% in March.

SPX advancers: LITE COHR GLW SOLS QCOM CF VRT COIN FOXA WDC STX.

SPX decliners: DG ZTS TTD ISRG TGT SMCI CRL DELL IDXX WDAY ROST.

Earnings season begins to wind down this week with only 10 SPX companies reporting.  Next week retail stocks HD, TGT, TJX, WMT and ROST report.

NVDA +4.24, +1.97%, a new all-time closing high on 160.3 million shares, a breakout from its April 27 closing high.

MU +48.52, +6.50%, all-time closing high.

SPY +0.23%, reached an all-time closing high on below average volume of 44 million shares.

VIX +1.19, 18.38, 

NDX +0.29% new all-time closing high.

DJI, 49,704, +0.19% formed a two-day bull flag near horizontal resistance.

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

Up: IWM, QQQ, SPY, DIA,

Down:

The SPY MFC green line is up at 98.4, price-action is short-term bullish. +1.2 

Six of eleven sectors (52.5%) were higher on Monday led by XLE, XLK and XLB. 

40 of 100 NDX stocks closed higher on Monday.

53 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, FAST, AMZN, INTC, KLAC, MPWR, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, AAPL, MU, NVDA, NXPI, SBUX, MNST, ABNB, CDNS, QCOM, SNPS, MSFT, MSTR, TTWO, APP, DDOG, PANW, CRWD, FTNT, KDP, CEG, TSLA, ADBE, KHC, MDLZ, ADP, MDB, ZS, ASML, FER, PAYX, BKR, FANG, LIN, VRTX, XEL,

NDX Stocks to Watch on Tuesday

Moving Above 30 DMA = 4

FANG, LIN, VRTX, XEL,

Moving Below 30 DMA = 7

ADSK, AXON, COST, CPRT, ROST, TRI, WDAY,

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