RUT Closed at a new All-time Closing High...NDX, SPX Closed Higher...DJI Close Slightly Lower...After-hour: CBRS down on Negative EPS Reaction...

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SPX +20.30, 7,748, a bull flag bounce continuation after the CPI report was in line with the consensus forecast: Y/Y consensus Headline 3.4%, Core 2.5%.  Closed above 7,700 for a seventh day.  The SPX breakout last week joins DJI and RUT breakouts above June highs. 

RUT 3,045, a new all-time closing high.

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

SPX advancers: SMCI LITE CIEN DELL COHR HPE STX ANET TER SNDK ORCL.

SPX decliners: TPL COR FSLR AXON CHTR APP TPR IT UBER LULU BLDR.

After-hours: CBRS -43.53, -16.61%, on a negative EPS reaction.

SPCX closed at 146.15, +9.65% another great day on above average volume of 167.2 million shares. Newly traded private shares continue to be absorbed by buyers, which is positive.  Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  Having a great day does not mean the stock is not speculative, but it does mean there are more buyers than sellers and intelligent speculators are making money.

SPY +0.25%, bull flag bounce day, below average volume of 33.1 million shares.

VIX -0.73, 14.55 a three-month closing low. 

NDX +0.74% bull flag bounce continuation.

DJI, 53,770 -0.04%, bull flag setup.

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

Up: QQQ, IWM, SPY,

Down: DIA,

The SPY MFC green line turned up at 89.3, price-action on Wednesday, closed above horizontal resistance for a seventh day and is short-term bullish. +1.0

Eight of eleven sectors were higher on Wednesday. 

50 of 100 NDX stocks closed higher on Wednesday.

67 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, ASML, SBUX, TER,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 7

CCEP, HON, LRCX, MU, MRVL, NBIS, STX,  

Moving Below 30 DMA = 2

MELI, TTWO,

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

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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 sixth 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, ASML, MELI, SBUX, TER,  

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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