Tuesday, June 30, 2026

NDX, SPX, RUT, DJI Close Higher Led by Technology Sector and Semiconductor Stocks...DJI New All-time Closing High...


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SPX +58.93, 7,499, opened higher and closed higher above 30 DMA.  Both the NDX and SPX in a 3-week consolidation continued to bounce.  Breadth weakened.  Decliners led slightly on the NYSE while advancers led on the NASDAQ exchange.  VIX closed lower at 16.45.

GOOGL continued to rise after it replaced VZ in the DJIA Monday before the open.

SpaceX, SPCX, closed at 170.86, +4.06%.  Continued to move higher after inclusion in the Russell 1000 and news that it will join the Nasdaq 100 on July 7.

SPX advancers: SNDK AXON VRT KLAC APD AMD SOLS MRVL ON GEV INTC.
SPX decliners: DLR HRL ZBH MOS T TKO HST SYK UBER GIS CEG.

SPY +0.78% on average volume of 55.6 million shares.
VIX -1.20, 16.45,
NDX +1.68% opened higher and closed higher above its 30 DMA.
DJI, 52,3192, +0.26%, new all-time closing high.


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


Up: QQQ, SPY, IWM, DIA
Down:

The SPY MFC green line turned up at 37.7 and price-action closed higher and continued above ST support and is short-term bullish. +6.9

Four of eleven sectors were higher on Monday led by XLK, XLI and XLB. 


51 of 100 NDX stocks closed higher on Tuesday.

52 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, AMAT, LRCX, AAPL, MU, MNST, PANW, CRWD, FTNT, KDP, ASML, KLAC, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, INTC, WDC, VRTX, FER, ABNB, DASH, TTWO, AEP, AMGN, ALAB, NBIS, TER, AXON, GEHC, ROP, XEL, AZN, HON, SBUX, CSX, KHC, ADP, DDOG, MELI, ORLY, PAYX, PYPL, REGN, ALNY, CMCSA, STX, TSLA,

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 0



Moving Below 30 DMA = 3
HON, MDB, WBD,



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Monday, June 29, 2026

NDX, SPX, DJI Closed Higher...DJI All-time Closing High...Breadth Remained Positive...

 
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SPX +86.41, 7,440, opened higher and closed higher above the high of the low day, a bull flag bounce.  The NDX and SPX in a 3-week consolidation bounced above the high of the low day.  Breadth weakened but remained positive as advancers led on both the NYSE and the NASDAQ exchanges.  VIX closed lower.

GOOGL replaced VZ in the DJIA today, June 29 before the open.

SpaceX, SPCX, closed at 164.19, +7.15%.  Moved higher after inclusion in the Russell 1000 and news that it will join the Nasdaq 100 on July 7.

SPX advancers: GLW KLAC WDC AMAT AXON CHTR PANW FLEX TSLA LRCX STX.
SPX decliners: SMCI CPRT ULTA MLM VZ CCI TMUS NUE TGT STLD STZ.

SPY +1.65% on slightly above average volume of 58 million shares.
VIX -0.76, 17.65,
NDX +2.25% opened higher and closed above its 30 DMA.
DJI, 52,182, +0.59%, new all-time closing high.


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


Up: QQQ, SPY, DIA
Down: IWM,

The SPY MFC green line is down at 30.8 and price-action closed lower but above ST support and is counter-trend defensive. -1.8

Six of eleven sectors were higher on Monday led by XLY, XLK and XLC. 


61 of 100 NDX stocks closed higher on Monday.

55 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, AMAT, LRCX, AAPL, MU, MNST, PANW, CRWD, FTNT, KDP, ASML, KLAC, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, INTC, WDC, VRTX, FER, ABNB, DASH, TTWO, AEP, AMGN, ALAB, NBIS, TER, AXON, GEHC, ROP, XEL, AZN, HON, SBUX, CSX, KHC, ADP, DDOG, MELI, ORLY, PAYX, PYPL, REGN, ALNY, CMCSA, MDB, STX, TSLA, WBD,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 6
ALNY, CMCSA, MDB, STX, TSLA, WBD,


Moving Below 30 DMA = 1
TRI,



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Friday, June 26, 2026

RUT Closed at a New All-time High...DJI, SPX, NDX Closed Lower...Semiconductors had a Two-day net gain Thursday/Friday...


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SPX -3.47, 7,354, opened lower, after MU, SNDK, DRAM, SMH, SOXL and semiconductor stocks gave back some of Thursday’s large gains in Thursday’s after-hours and Fridays premarket.   Semiconductor stocks had a two-day net gain for the Thursday/Friday time frame after MU's major EPS beat Wednesday after the close.  

Breadth strengthened as advancers led on both the NYSE and the NASDAQ exchanges by large margins.  VIX closed lower. RUT and IWM closed at new all-time highs.

The charts indicate the four indexes are in an uptrend with NDX and SPX in a 3-week consolidation.  Narratives seem to become more ambiguous whenever major indexes are in consolidation.  It seems as if observers aren't aware that prices fluctuate continuously and that trends consolidate.  Consolidation does NOT mean the trend is over.

GOOGL will replace VZ in the DJIA Monday, June 29 before the open.

SpaceX, SPCX, closed at 153.23, +0.15%.  Our view is that SPCX with no earnings continues to be an overvalued speculation.  As Ben Graham observed there is intelligent speculation, like there is intelligent investing.  If you choose to speculate do so intelligently.

SPX advancers: MRNA FDS NOW WDAY DDOG VEEV LLY APP BIIB IT GDDY.
SPX decliners: ON WDC STX SNDK FLEX KEYS TXN QCOM EME TER ADI.

SPY -0.72% on above average volume of 71 million shares.
VIX -0.48, 18.41,
NDX -1.09% opened lower, traded in a range and closed lower.DJI, 51,920, -0.09%, closed lower.


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


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

The SPY MFC green line is down at 32.6 and price-action closed lower but above ST support and is counter-trend defensive. -9.4

Seven of eleven sectors were higher on Friday led by XLV, XLRE and XLP. 


57 of 100 NDX stocks closed higher on Friday.

50 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, AMAT, LRCX, AAPL, MU, MNST, PANW, CRWD, FTNT, KDP, ASML, KLAC, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, INTC, WDC, VRTX, FER, ABNB, DASH, TTWO, AEP, AMGN, ALAB, NBIS, TER, AXON, GEHC, ROP, XEL, AZN, HON, SBUX, CSX, KHC, ADP, DDOG, MELI, ORLY, PAYX, PYPL, REGN, TRI,


NDX Stocks to Watch on Monday
Moving Above 30 DMA = 8
ADP, DDOG, MELI, ORLY, PAYX, PYPL, REGN, TRI,


Moving Below 30 DMA = 5
ADI, ALNY, STX, TXN, WBD,



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