NDX, RUT, SPX, DJI Closed Lower...Breadth Weakened...CRWD, NET, CRWD Closed Higher...

© 2026

SPX -39.75, 7,623 opened and closed lower, formed a red candle.  Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges.  The SPX closed near Oct 1 support.

IBM closed above resistance at a 4-month high.

SPX advancers: CCI CRWD SLB PANW HAL APA DVN DDOG FTNT FTI FANG.

SPX decliners: LKQ BE BL T TMUS FICO CBRE DECK DLTR MET LULU GD.

Oil /CL rose +3.97 and closed at 103.44.

Earnings season continues next week with 167 SPX companies reporting including AMZN, GOOGL and MSFT.

SPY -3.99, -0.52, below average volume of 33.5 million shares. 

VIX +0.42, 19.45 closed higher.

Up: QQQ,

Down: IWM, SPY, DIA,

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

SPCX closed at 147.57, +2.82, volume of 112 million shares. SPCX reached an important milestone by becoming profitable on Tuesday.  Revenues were a $58 billion annual run rate.  Our view is that SPCX, proved its ability to produce profits from its business plan.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future and it took a major step forward on Tuesday.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line turned down at 52.8, price-action formed an inverted hammer at diagonal support and is counter-trend defensive. -2.1.

Three of eleven sectors were higher on Friday, XLK +0.49%. 

33 of 100 NDX stocks closed higher on Friday.

50 NDX stocks are above their 30 DMA: AAPL, ISRG, TXN, MSFT, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ODFL, ORLY, TRI, XEL, MRNA, AMGN, KDP, EXC, FANG, GEHC, IDXX, MDLZ, CSX, ABNB, AZN, GILD, INTU, MNST, REGN, ADBE, HON, PAYX, ROP, SBUX, WDAY, PEP, PLTR, KHC, NXPI, TSLA, VRTX, CMCSA, CPRT, CRWD, DDOG, FTNT,

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 3

CRWD, DDOG, FTNT,

Moving Below 30 DMA = 4  

MELI, PDD, ROST, TTWO,

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DJI Close Higher...RUT, SPX, NDX Closed Lower...Big Selloff Follows META, TSLA, IBM EPS Beats...

© 2026

SPX -93.74, 7,663 opened and closed lower, formed a red candle.  Breadth was mixed as advancers led on the NYSE and decliners led on the NASDAQ exchange.  The SPX rolled over and closed near Friday’s close of 7,659.

IBM rose while TSLA and META fell on Thursday as each company beat EPS and sales. 

IBM +0.65, +0.26%, EPS $2.95 beats $2.86 estimate, sales $17.103B beat $16.822B estimate.  

TSLA -11.89, -3.08%, EPS $0.48 beats $0.43 Estimate, sales $28.046B beat $27.883B estimate.  

META -48.67, -6.98%, EPS $7.40 beats $5.74 Estimate, sales $64.601B beat $63.373B estimate.

SPX advancers: POOL ALLE ROP MHK CPB LEN BX GIS LULU HPQ CSGP.

SPX decliners: MRNA COHR LRCX LITE CIEN GEV TER VST KLAC Q KEYS.

Oil /CL rose +1.39 and closed at 99.10.

Earnings season continues with earnings from AXP and SLB on Friday among 75 SPX companies this week.

SPY -9.13, -1.18%, above average volume of 54 million shares.

VIX +2.35, 19.03 closed higher.

Up: DIA,

Down: IWM, SPY, QQQ,

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

SPCX closed at 144.75, -14.56, volume of 197 million shares. SPCX reached an important milestone by becoming profitable on Tuesday.  It reported EPS $0.35 beat $0.12 estimate, sales $14.575B beat $12.738B estimate.  That is a $58 billion annual run rate.

Our view is that SPCX, proved its ability to produce profits from its business plan.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future and it took a major step forward today.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line turned down at 54.9, price-action pulled back to last Friday’s support on Thursday forming a red spinning top candle pattern and is counter-trend defensive. -3.81.

Six of eleven sectors were higher on Thursday, XLK -3.62%.

50 of 100 NDX stocks closed higher on Thursday.

51 NDX stocks are above their 30 DMA: AAPL, ISRG, TXN, MSFT, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ODFL, ORLY, TRI, XEL, MRNA, AMGN, KDP, EXC, FANG, GEHC, IDXX, MDLZ, CSX, ABNB, AZN, GILD, INTU, MNST, REGN, ROST, ADBE, HON, MELI, PAYX, ROP, SBUX, WDAY, PEP, PLTR, KHC, NXPI, TSLA, VRTX, CMCSA, CPRT, PDD, TTWO,

NDX Stocks to Watch on Friday

Moving Above 30 DMA = 4

CMCSA, CPRT, PDD, TTWO,

Moving Below 30 DMA = 9  

ADI, AMZN, CDNS, DDOG, MCHP, MDB, MSTR, SNPS, SPCX,

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NDX, DJI, SPX, RUT Closed Higher...SPCX +7% Gap Up EPS Beat...Afterhours: META up, IBM, TSLA down on EPS Beats...

© 2026

SPX +44.60, 7,757 opened and closed higher, formed a white candle.  Breadth weakened as decliners led on the NYSE and advancers led on the NASDAQ exchange.  The SPX continued to bounce.

SPX advancers: SMCI CRL BE ECHO DDOG ILMN CRWD CIEN DELL WDC VRT.

SPX decliners: ROL DXCM T LRCX NFLX EXPE CMG LVS CCI SBAC DASH.

Oil /CL fell -0.47 and closed at 97.71.

After-hours EPS:

META +23.48, +3.37, EPS $7.40 beats $5.74 Estimate, sales $64.601B beat $63.373B estimate.

IBM -6.47, -2.57%, EPS $2.95 beats $2.86 estimate, sales $17.103B beat $16.822B estimate.

TSLA -8.42, -2.18%, EPS $0.48 beats $0.43 Estimate, sales $28.046B beat $27.883B estimate.

Earnings season continues with earnings from PHM, DECK and WDC on Thursday among 75 SPX companies this week.

SPY +3.92, +0.51%, below average volume of 31.8 million shares, a white candle. 

VIX -0.63, 16.68 closed lower.

Up: QQQ, DIA, SPY, IWM,

Down:

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

SPCX closed at 159.31, +11.52, volume of 222 million shares. SPCX reached an important milestone by becoming profitable yesterday.  It reported EPS $0.35 beat $0.12 estimate, sales $14.575B beat $12.738B estimate.  That is a $58 billion annual run rate.

Our view is that SPCX, proved its ability to produce profits from its business plan.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future and it took a major step forward today.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line turned up at 59.7, price-action bounced on Wednesday forming a white candle pattern and is short-term bullish. +2.1.

Six of eleven sectors were higher on Wednesday, XLK +1.54%. 

57 of 100 NDX stocks closed higher on Wednesday.

56 NDX stocks are above their 30 DMA: AAPL, ISRG, ADI, TXN, MSFT, MAR, SNPS, CDNS, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ODFL, ORLY, TRI, XEL, MRNA, AMGN, KDP, EXC, FANG, GEHC, IDXX, MDLZ, CSX, ABNB, AZN, GILD, INTU, MNST, REGN, ROST, ADBE, HON, MELI, PAYX, ROP, SBUX, WDAY, PEP, AMZN, PLTR, KHC, MCHP, NXPI, TSLA, VRTX, DDOG, MDB, MSTR, SPCX,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 4

DDOG, MDB, MSTR, SPCX,

Moving Below 30 DMA = 2

CMCSA, PDD,

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