RUT Close Higher...DJI, SPX, NDX Close Lower...Breadth Turned Positive...VIX Remained Low...Afterhours: CRWV, SMCI Positive EPS Reaction...

© 2026

SPX -24.91, 7,728, a bull flag bounce pauses.  Closed above 7,700 for a sixth day.  The SPX breakout last Tuesday joins DJI and RUT breakouts above June highs. 

Breadth turned positive as advancers led on both the NYSE and the NASDAQ exchanges.

CPI Report is at 8:30 am ET Wednesday.  Y/Y consensus Headline 3.4%, Core 2.5%.

After-hours: CRWV and SMCI are higher.

SPX advancers: KKR AXON APD JBL MPC GNRC VRT BLDR SW TPL PSX.

SPX decliners: APP VTR DDOG HON WELL GOOGL DECK DELL ORCL ADBE HUM.

SPCX closed at 133.29, -3.93% above average volume of 108.6 million shares. Newly traded private shares were absorbed by the buyers again, which is positive.  Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY -0.32%, bull flag bounce pause day, below average volume of 39.2 million shares.

VIX -0.18, 15.28. 

NDX -0.33% bull flag bounce pause day.

DJI, 53,791 -0.34%, bull flag setup.

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

Up: IWM,

Down: DIA, SPY, QQQ,

The SPY MFC green line turned slightly down at 88.3, price-action on Tuesday, closed above horizontal resistance for a fifth day and is short-term bullish. -1.7

Four of eleven sectors were higher on Tuesday. 

54 of 100 NDX stocks closed higher on Tuesday.

62 NDX stocks are above their 30 DMA: EA, FAST, PCAR, AMGN, CSX, ADP, PAYX, PYPL, REGN, CTAS, PDD, INTU, ROST, HON, ODFL, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, COST, CPRT, DASH, DXCM, IDXX, MSFT, CMCSA, GEHC, AVGO, CEG, AMZN, CRWD, CSCO, FTNT, GOOGL, MDB, ORLY, PANW, CRWV, FER, LITE, NFLX, NVDA, PLTR, MSTR, MPWR, WBD, ADI, AXON, GILD, RKLB, SNPS, SPCX, TTWO, VRTX, FANG, ISRG,

NDX Stocks to Watch on Wednesday

Moving Above 30 DMA = 4

ASML, MELI, SBUX, TER,    

Moving Below 30 DMA = 5

CSX, DDOG, GOOGL, HON, MSTR,

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SPX, DJI, NDX, RUT Closed Slightly Lower...Breadth Weakens on Range Day...

© 2026

SPX -4.53, 7,753, a bull flag bounce pauses.  Closed above 7,700 for a fifth day.

The SPX breakout last Tuesday joins DJI and RUT breakouts above June highs. 

Breadth turned negative as decliners led on both the NYSE and the NASDAQ exchanges.

EPS reactions on Monday:

BRK/B +7.62, +1.46%, EPS $6.02 beats $5.13 estimate, sales $101.808B up from $92.515B YoY

SPX advancers: DDOG APA MPC FTI AKAM CF PANW FANG PSX VRTX VLO.

SPX decliners: COHR LITE CIEN VRSK GLW MRVL LUV UAL FSLR CCL MO.

SPCX closed at 138.74, +4.23% above average volume of 169.9 million shares as lock-up expired April 6 on 911.5 million shares. Newly traded private shares were absorbed by the buyers, which is positive.  Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY -0.03%, bull flag bounce pause day, below average volume of 39.2 million shares.

VIX +0.56, 15.46. 

NDX -0.34% bull flag bounce pause.

DJI, 53,975 -0.11%, bull flag setup.

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

Up:

Down: SPY, DIA, QQQ, IWM,

The SPY MFC green line turned slightly down at 90, price-action on Monday, closed above horizontal resistance for a fifth day and is short-term bullish. -1.0

Five of eleven sectors were higher on Monday. 

47 of 100 NDX stocks closed higher on Monday.

63 NDX stocks are above their 30 DMA: EA, FAST, PCAR, AMGN, CSX, ADP, PAYX, PYPL, REGN, CTAS, PDD, INTU, ROST, HON, ODFL, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, COST, CPRT, DASH, DXCM, IDXX, MSFT, CMCSA, GEHC, AVGO, CEG, AMZN, CRWD, CSCO, FTNT, GOOGL, MDB, ORLY, PANW, CRWV, FER, LITE, NFLX, NVDA, PLTR, MSTR, MPWR, WBD, ADI, AXON, GILD, RKLB, SNPS, SPCX, TTWO, VRTX, DDOG, FANG, ISRG,

NDX Stocks to Watch on Tuesday

Moving Above 30 DMA = 3

DDOG, FANG, ISRG,  

Moving Below 30 DMA = 5

CCEP, MCHP, MRVL, SBUX, TER,

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SPX Closed at 7,757, a New All-time Closing High...NDX, RUT, DJI Closed Higher...Jobs Report Lower Than Expected...BRK/B Reports Earnings on Saturday...

© 2026

SPX +47.68, 7,757, rallied to an all-time closing high.  Closed above 7,700 for a fourth day.  The SPX breakout on Tuesday joins DJI and RUT breakouts above June highs.  

Futures rallied immediately at 8:30 am ET this morning when a lower than expected Jobs Report was released, -23K jobs vs 88K estimate.  The narrative is that the Jobs Report perhaps delays the Fed from raising rates.  The CME Fed Watch tool showed the probability for a September hike fell today to 44.4% from 55.0% on Thursday. 

Breadth was positive as advancers led on both the NYSE and the NASDAQ exchanges.

SPX advancers: ABNB MCHP COHR PLTR MRNA AXON NEM APTV HPQ UBER.

SPX decliners: TTD AKAM ZTS RMD STX CDW TRGP TPL MNST NWSA WDC.

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Day 18 Q9 Earnings season:

Saturday morning: BRK/B.

Monday AMC: SPG.

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SPCX closed at 133.11, +15.83% above (148.7 million) average volume of 242.13 million shares after buyers continued to buy, which is positive, as lock-up expired on 911.5 million shares on Thursday. .  Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY +0.61%, bull flag bounce above the high of the low day, below average volume of 43.5 million shares.

VIX -0.25, 14.90, lowest close in three months. 

NDX +1.19% bull flag bounce move above the high of the low day.

DJI, 54,036 +0.28%, white spinning top, bull flag setup.

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

Up: QQQ, IWM, SPY, DIA,

Down:

The SPY MFC green line is up at 91, price-action bounced on Friday, closed above horizontal resistance for a fourth day and is short-term bullish. +4.6

Nine of eleven sectors were higher on Friday led by XLY, XLK and XLB. 

75 of 100 NDX stocks closed higher on Friday.

65 NDX stocks are above their 30 DMA: EA, FAST, PCAR, CCEP, AMGN, CSX, ADP, PAYX, PYPL, REGN, CTAS, PDD, INTU, ROST, HON, ODFL, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, COST, CPRT, DASH, DXCM, IDXX, MSFT, CMCSA, GEHC, AVGO, CEG, AMZN, CRWD, CSCO, FTNT, GOOGL, MDB, ORLY, PANW, CRWV, FER, LITE, NFLX, NVDA, PLTR, MSTR, SBUX, TER, MPWR, WBD, ADI, AXON, GILD, MCHP, MRVL, RKLB, SNPS, SPCX, TTWO, VRTX,

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 10

ADI, AXON, GILD, MCHP, MRVL, RKLB, SNPS, SPCX, TTWO, VRTX,

Moving Below 30 DMA = 1

MELI,

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