Thursday, February 5, 2026

DJI, SPX, NDX Closed Lower after GOOGL Earnings Reaction...VIX Jumps...After-hours: AMZN Miss EPS by 2 cents, Sales Beat...Futures Lower...


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SPX -84.32, 6,798, opened lower, trended lower 57 points lower.  Breadth weakened as decliners increased 61% on the NYSE exchange and 26% on the NASDAQ exchange.  

GOOGL -0.54% on slightly negative earnings reaction after a revenue and earnings beat reported after the close on Wednesday. 

After-hours: AMZN -24.44, -10.97% EPS 2 cent miss 1.95 vs. 1.97 est., sales $213.386B beat $211.304B est., a $2.082B sales beat.


SPX leaders: MCK, CPAY, TPR, CAH, HSY, ALGN, COR, EFX, DVA.
SPX decliners: EL, COIN, CMI, IQV, HII, HOOD, CRWD, CCI, CRL, SMCI, QCOM LLY.


SPY traded above average volume of 113.1 million shares on Thursday.
VIX +3.13, at 21.77
NDX -1.38%, close below Dec 17 support.
DJI, 49,240, -1.20%, close below Wednesday’s low, in-range Tuesday’s high/low.


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


Up:
Down: DIA, SPY, QQQ, IWM,

The SPY MFC green line is pointed down at 57.2, price-action penetrates short-term support and is defensive. -15.6 

One of eleven sectors was higher on Thursday led by XLU, XLP and XLC. 


32 of 100 NDX stocks closed higher on Thursday.

45 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, WDC, TXN, ODFL, BKNG, MCHP, CMCSA, LIN, HON, LRCX, MU, ASML, GOOGL, INTC, MPWR, STX, BKR, SBUX, COST, FAST, AEP, MDLZ, AMGN, GILD, FANG, FER, CSX, META, CSCO, PEP, CCEP, ROST, CHTR, TMUS, MAR, KDP, KHC, XEL, AZN, CTAS, REGN, AMAT, EXC,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
AMAT, EXC,


Moving Below 30 DMA = 5
CPRT, DXCM, FTNT, ORLY, VRTX,



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Wednesday, February 4, 2026

SPX, NDX Closed Lower, DJI Closed Higher...AMD Led Tech Stocks Lower on a Negative EPS Reaction...


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SPX -35.09, 6,882, opened flat, trended lower afternoon rally of 40 points reduced draw-down on Wednesday.  Breadth remained negative but advancers increased on the NYSE exchange.

AMD -17.31% on negative earnings reaction after revenue and earnings beat. 

SPX leaders: SMCI, FTV, LLY, ODFL, CDW, SW, AMGN, AMCR, MGM, J, URI, LYB.
SPX decliners: BSX, AMD, APP, SNDK, PLTR, APH, MU, LRCX, COR, HOOD, WDC.

SPY traded above average volume of 105.2 million shares on Wednesday.
VIX +0.64, at 18.64
NDX -1.77%, close below 3-week support.
DJI, 49,240, +0.53%, white spinning top.


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


Up: DIA,
Down: SPY, IWM, QQQ,

The SPY MFC green line turned down at 72.8, and the in-range price-action is short-term bullish. -9 

Seven of eleven sectors were higher on Wednesday led by XLB, XLE and XLRE. 


51 of 100 NDX stocks closed higher on Wednesday.

48 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, WDC, TXN, DXCM, ODFL, BKNG, MCHP, CMCSA, LIN, HON, LRCX, MU, ASML, GOOGL, INTC, MPWR, STX, BKR, SBUX, COST, FAST, AEP, MDLZ, ORLY, AMGN, GILD, FANG, FER, VRTX, CSX, META, CSCO, PEP, CCEP, ROST, CHTR, TMUS, MAR, KDP, KHC, XEL, AZN, CPRT, CTAS, FTNT, REGN,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 5
AZN, CPRT, CTAS, FTNT, REGN,


Moving Below 30 DMA = 4
AMAT, AMD, AMZN, EXC,



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Tuesday, February 3, 2026

DJI, SPX, NDX Closed Lower, RUT Closed Positive...PLTR Up on Positive EPS Reactions...


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SPX -58.63, 6,917, opened flat and selling was greater than buying after news broke that the US had downed an Iranian drone in the Arabian Sea.  Breadth weakened as decliners increased on both the NYSE and NASDAQ exchanges.   

SPX leaders: DVA, TER, AES, BALL, WDC, PLTR, VLO, FCX, LYB, EMN, MPC.
SPX decliners: IT, PYPL, CSGP, EXPE, EPAM, EFX, IQV, SPGI, OMC, INTU, FDS, PNR, CTSH, VRSK.


SPY traded above average volume of 107.8 million shares on Tuesday.
VIX +1.66, up at 18.00
NDX -1.55%, in channel bearish engulfing pullback.
DJI, 49,240, -0.34%, red spinning top.


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


Up: IWM,
Down: DIA, SPY, QQQ,


The SPY MFC green line turned down at 81.8, and the in-range price-action is short-term bullish. -6.5 

Five of eleven sectors were higher on Tuesday led by XLE, XLB and XLP. 


33 of 100 NDX stocks closed higher on Tuesday.

47 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, AMAT, WDC, TXN, DXCM, ODFL, BKNG, MCHP, CMCSA, LIN, HON, LRCX, MU, ASML, GOOGL, INTC, MPWR, STX, BKR, SBUX, COST, FAST, AEP, MDLZ, ORLY, AMD, AMGN, GILD, FANG, FER, VRTX, AMZN, CSX, META, CSCO, PEP, CCEP, ROST, CHTR, TMUS, MAR, EXC, KDP, KHC, XEL,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 4
EXC, KDP, KHC, XEL,


Moving Below 30 DMA = 4
AZN, FTNT, KLAC, MELI,



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