DJI, NDX, SPX, RUT Closed Higher...Breadth Strengthened, Advancers Led...VIX Fell...CPI Report...

© 2026

SPX +65.28, 7,656 opened and closed higher, on a horizontal re-BO.  Before the open the CPI report was M/M 0.4% vs 0.4%, Y/Y 3.4% vs 3.4% consensus, Core CPI M/M 0.3% vs 0.2%, Y/Y 2.4% vs 2.4% consensus.  Drivers of inflation included Y/Y % change in gasoline +27.4%, airline fares +23.4%, tobacco +6.3%, motor vehicle maintenance +6.3%. Do those categories look like a Fed ¼% rate hike will lead to a slow down?

Oil /CL fell -2.49 and closed at 99.99.  Breadth strengthened as advancers led on both the NYSE and the NASDAQ exchanges.  The VIX fell and closed at 15.84.  RUT 2, 903 bounced.

SPX advancers: HPE DELL NTAP ON HPQ CDW SMCI FLEX ANET FISV MRNA.

SPX decliners: STX SNDK ALB WDC EW CPRT UNH PANW CBOE EXE YUM.

SPY +6.46, +0.85%, on above average volume of 45.5 million shares, close above the HOLD and short-term support. 

VIX -2.00, 15.84 closed lower.

NDX +0.91% closed lower.

DJI, 52,573 +0.98%, closed > HOLD.

Up: DIA, QQQ, SPY, IWM,

Down:

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

SPCX closed at 151.21, +3.03, on volume of 79.2 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  In the end if buyers are greater than sellers the stock will rise.  People seem to be willing to speculate on this company’s fundamental future. 

The SPY MFC green line is down at 69, price-action on Friday moved above the HOLD, and re-broke out of resistance and is short-term bullish. -4.2

Nine of eleven sectors were higher on Friday. 

63 of 100 NDX stocks closed higher on Friday.

26 NDX stocks are above their 30 DMA: CEG, LITE, WBD, GILD, SPCX, MU, SNDK, KDP, MSTR, TSLA, QCOM, AAPL, ALNY, META, AMD, INTC, NBIS, MRVL, FANG, ADI, ARM, MSFT, NXPI, TER, TMUS, TXN,  

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 7

ADI, ARM, MSFT, NXPI, TER, TMUS, TXN,

Moving Below 30 DMA = 4

CRWD, MELI, NVDA, STX,

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SPX, DJI, RUT, NDX Closed Lower...Breadth Continued Negative...VIX and Oil Rose...CPI Report Friday BMO...

© 2026

SPX -44.66, 7,591 opened and closed lower, below its August 4 horizontal breakout level.  Before the open the PPI report was M/M 0.4% vs 0.4%, Y/Y 5.4% vs 5.3% consensus, Core M/M 0.2% vs 0.3%, Y/Y 4.6% vs 4.6% consensus.  CPI report is Friday 8:30 am EDT.

Oil /CL rose +7.26 its highest close, 103.93 since May 19.  Breadth remained negative as decliners led on both the NYSE and the NASDAQ exchanges.  The VIX rose again on Thursday and closed at 17.84, its highest close since July 29.  RUT 2,890 broke support on Thursday.

SPX advancers: SWKS RDDT ELV CHTR AAPL F APP GDDY GM TTWO APTV.

SPX decliners: COO BKR FCX HPE FDS LRCX VRT INTC LITE ORCL DELL.

SPY -4.57, -0.60%, on average volume of 42.7 million shares, close below short-term support. 

VIX +1.38, 17.84 closed higher for a fifth day.

NDX -1.08% closed lower.

DJI, 52,064 -0.60%, closed at its lowest close since July 29.

Up:

Down: SPY, DIA, IWM, QQQ,

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

SPCX closed at 148.18, +0.63, on volume of 118.5 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  In the end if buyers are greater than sellers the stock will rise.  People can be willing to speculate on this company’s fundamental future. 

The SPY MFC green line turned down at 73.2, price-action on Thursday fell below multi-week support and is counter-trend defensive. -2.9

Two of eleven sectors were higher on Thursday. 

34 of 100 NDX stocks closed higher on Thursday.

23 NDX stocks are above their 30 DMA: CEG, LITE, WBD, GILD, SPCX, MU, SNDK, KDP, MSTR, TSLA, QCOM, NVDA, AAPL, ALNY, META, CRWD, AMD, INTC, NBIS, MRVL, STX, FANG, MELI,

NDX Stocks to Watch on Friday

Moving Above 30 DMA = 1

MELI,  

Moving Below 30 DMA = 11

ARM, ASML, BKR, CPRT, CRWV, LRCX, MSFT, PLTR, REGN, TER, WDC,

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NDX, RUT, SPX, DJI Closed Lower...VIX Rose...Breadth Weakened...Energy Sector Closed Higher, Technoloy Sector Unchanged...

© 2026

SPX -37.16, 7,636 opened and closed lower, below the low of the high day.  Oil /CL rose +.62 and closed above its July 23 high for a second day.  Breadth weakened as decliners led on both the NYSE and the NASDAQ exchanges.  Slow Mo, the Middle East, oil, gold, silver volatility continue to affect the SPX.

The VIX rose again on Wednesday and closed at 16.46.  RUT 2,960 pulled back on Tuesday.

SPX advancers: DDOG META FICO HPE HCA HPQ AKAM MRVL FFIV IBM TER.

SPX decliners: CASY VRT CHTR CMCSA COO PSKY IP FSLR SW DLTR FISV.

SPY -3.56, -0.46%, on below average volume of 32.7 million shares, close below the high of the low day. 

VIX +0.74, 16.46 closed higher for a fourth day, .

NDX -0.29% a doji pause day.

DJI, 52,380 -0.77%, closed at its lowest close since July 30.

Up:

Down: QQQ, SPY, DIA, IWM,

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

SPCX closed at 147.55, -5.92, on volume of 120.4 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

The SPY MFC green line is up slightly at 76.1, price-action on Wednesday, is still above the low of low day Sept. 1 and is short-term bullish. +0.2.

One of eleven sectors was higher and XLK was unchanged on Wednesday. 

24 of 100 NDX stocks closed higher on Wednesday.

33 NDX stocks are above their 30 DMA: REGN, BKR, CPRT, MSFT, CEG, LITE, PLTR, WBD, GILD, SPCX, MU, SNDK, KDP, MSTR, TSLA, QCOM, NVDA, AAPL, ALNY, META, CRWD, AMD, CRWV, INTC, NBIS, LRCX, MRVL, STX, ARM, ASML, WDC, FANG, TER,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 2

FANG, TER,

Moving Below 30 DMA = 6

AEP, CMCSA, KLAC, MELI, VRTX, TMUS,

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