To iBullyBear members, 

Due to personal family circumstances Tuesday sessions have been cancelled.  Our text service, is still not functioning this morning, we have again communicated with their Support team and as of this moment the issue has not been resolved. We are using the blog as a backup communication tool.  Additional information is on the iBullyBear website.  We apologize for any inconvenience this morning.

FYI: Positions in AMD, SNDK, LITE, DELL, MU, META, AAPL, NET did target out.  We did roll up & out AMD, LITE, DELL, META, AAPL and added CIEN.

Dave Johnson

NDX, SPX, DJI, RUT Closed Higher...SPX New All-time Closing High...Breadth Strengthened...

© 2026

Our iBullyBear Mentoring account once again hit a new all-time Net Liq high on strength in AMD, SNDK, NET, LITE DELL and several other gainers 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.

Stay Focused on the trend.  Don’t be distracted by price fluctuations or subjective opinions. Even Kevin Warsh in explaining seven important principles for the Fed said “Trends matter most.”

SPX +114.20, 7,7664 a bounce continuation on Monday as the SPX makes a new all-time closing high by 1.52 points.  Breadth strengthened as advancers led on both the NYSE and the NASDAQ exchanges.  A drop in oil prices along selective buying in technology stocks, mega-caps and SPX leaders led to capital flowing into specific stocks like INTC, AMD, META, ARM, ALAB, MRVL and RKLB.

RUT 2,875 bounced +14.23. Oil /CL fell -3.50 and closed at 91.97.  

SPX advancers: AKAM MRNA INTC META WBD AMD QCOM GDDY APP DDOG.

SPX decliners: MHK DINO MPC VLO UPS HPQ PSX CHTR UNP CF COP.

SPY 11.81, +1.55%, above average volume of 50.4 million shares, led to its second highest close. 

VIX +0.06, 14.87 closed up.

NDX +2.83% nearing a multi-month horizontal breakout of its all-time high in June.

DJI, 52,048 +0.71%, a white hammer candle closed above the high of the following day.

Up: QQQ, SPY, DIA, IWM,

Down:

Mega caps META, TSLA, MU, TSM, NVDA, AMZN, MSFT, GOOGL, AVGO, LLY, AAPL, WMT rose, and BRK/B fell on Monday.  AMD reached $1.004T market cap for the very first time on Monday.

SPCX closed at 151.85, -0.86, volume of 81.9 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 turned up at 41.5 price-action on Monday closed above its 30 DMA and is short-term bullish. +1.7

Seven of eleven sectors were higher on Monday.  XLC +3.90% and XLK +2.89% led all sectors.

78 of 100 NDX stocks closed higher on Monday.

36 NDX stocks are above their 30 DMA: GILD, SPCX, MSTR, TSLA, QCOM, AAPL, META, AMD, INTC, AZN, CRWD, FTNT, PANW, ISRG, LITE, MRVL, PLTR, GOOGL, MU, NXPI, SNDK, ADI, ALAB, DXCM, NBIS, NVDA, STX, TER, TXN, ALNY, APP, DDOG, MPWR, MSFT, RKLB, WBD,

NDX Stocks to Watch on Tuesday

Moving Above 30 DMA = 7

ALNY, APP, DDOG, MPWR, MSFT, RKLB, WBD,   

Moving Below 30 DMA = 1

WDAY,

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 To iBullyBear members, 

Due to personal family circumstances Monday sessions have been cancelled.  Our text service is not funcitioning and as of this moment the issue has not been resolved with the texting service, although we are striving to reach members.  We apologize for any inconvenience this morning.

Dave Johnson

NDX, SPX Closed Higher, DJI, RUT Closed Lower...VIX Fell...Technology and Mega Caps Led NDX Rally...SPY Dividend 1.889...

 

© 2026

SPX +12.74, 7,650 a bounce continuation on Friday, after the FOMC press conference selloff on Wednesday.  Breadth weakened as decliners led on both the NYSE and the NASDAQ exchanges.  Selective buying in technology stocks, mega-caps as VIX fell led to more capital flowing into specific stocks.

RUT 2,860 pullback -14.23. Oil /CL fell -5.62 and closed at 95.47.   

SPX advancers: COIN SNDK HOOD COHR LRCX STX AMAT TER KLAC LITE WDC.

SPX decliners: NUE QCOM ARE GM ACN NFLX CF FISV APP STLD LEN.

SPY +0.98, +0.13%, after declaring dividend of 1.889, above average volume of 65.3 million shares, closed above the high of the low day. 

VIX -0.63, 14.81 closed lower.

NDX +0.67% continued channel bounce above its 30 DMA.

DJI, 51,682 -0.18%, formed a red hammer candle above support.

Up: QQQ, SPY,

Down: DIA, IWM,

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

SPCX closed at 152.71, -2.10, volume of 335.6 million shares was driven by the NDX rebalancing that increased SPCX’s index weighting. 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 36.6 price-action on Friday closed above the HOLD and re-broke out of June resistance and is short-term bullish. -5.1

Two of eleven sectors were higher on Friday.  XLK +0.82% led all sectors.

43 of 100 NDX stocks closed higher on Friday.

30 NDX stocks are above their 30 DMA: GILD, SPCX, MSTR, TSLA, QCOM, AAPL, META, AMD, INTC, AZN, CRWD, FTNT, PANW, ISRG, LITE, MRVL, PLTR, GOOGL, MU, NXPI, SNDK, WDAY, ADI, ALAB, DXCM, NBIS, NVDA, STX, TER, TXN,

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 8

ADI, ALAB, DXCM, NBIS, NVDA, STX, TER, TXN,   

Moving Below 30 DMA = 5

ALNY, APP, DDOG, MSFT, WBD,

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