Wednesday, April 29, 2026

NDX Closed Higher...SPX, DJI, RUT Closed Lower...After hours: GOOGL, AMZN, MSFT Positive EPS Reactions...


© 2026


SPX -2.85, 7,135, pulled back in a one-day bull flag pattern.  Breadth weakened again as decliners led on the NYSE and NASDAQ exchanges. Volume was below average. VIX closed higher, a sign that institutions added hedges before earnings from mega-caps AMZN, GOOGL, META and MSFT

The FOMC left rates unchanged as expected. I was disappointed to hear media ask speculative questions, that some might call drivel, rather than focus on monetary policy.  I appreciated that Chair Powell, in his final press conference as Chair, did a focus his comments on issues that dealt with monetary policy.  A point he made more than once was that the Fed independence issue was about monetary policy not being influenced by politics.  Well done Chair Powell!

After hours: GOOGL +25.35, +7.24%, AMZN +7.21, +2.74% and MSFT +1.43, +0.34% on positive earnings while META -46.92 -7.01% moved lower on a negative earnings reaction.

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EPS season Day 12:   NXPI GNRC STX SBUX V FFIV ADP VRSK TMUS BIIB IEX HUM PSX VLTO LII MDLZ EXE FICO APH ABBV YUM GRMN VMC ETR WM EQR BKNG closed higher on a positive EPS reaction.  TER HOOD GEHC REGN ODFL CSGP IR ACGL EME SWK PPG BXP FE ESS WELL OMC CTSH OKE EXR closed lower after a negative EPS reaction.  

AME AOS APD BAX BLDR BMY BR CAH CARR CAT CI COP DTE FTI FTV HSY HUBB ICE IP IRM ITW KIM LH LHX LKQ LLY MA MLM MO MRK PH PWR RCL SO SW TAP TROW TT TXT VLO WTW XEL report EPS Thursday BMO. 

17 more SPX companies report after the close for 59 total on Thursday.  Thursday AMC: AAPL AES AIG AJG AMGN CLX CPT DXCM FSLR GDDY LNT MHK RMD SNDK SYK WDC WY

There are 156 companies or 31.2% of SPX companies scheduled to report Tuesday, Wednesday and Thursday.
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NVDA -3.92, -1.84%, on 123.7 million shares.
MU +14.17, +2.81%, open higher on Wednesday and closed near Tuesday’s high.

SPX advancers: NXPI GNRC INTC STX CNC LITE SBUX V FFIV GD ADP MCHP.
SPX decliners: TER HOOD GEHC PODD BF/B CHTR COIN REGN BAX ODFL.

SPY below average volume of 41.8 million shares.
VIX +0.98 17.83
NDX -1.01% bounced above Tuesday’s candle.
DJI, 48,861, -0.57% continued in a bull flag pullback


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


Up: QQQ,
Down: SPY, DIA, IWM


The SPY MFC green line was flat at 97, price-action is a pause day and is short-term bullish. -0.6. 

Three of eleven sectors (44.2%) were higher on Wednesday led by XLE, XLK and XLF


50 of 100 NDX stocks closed higher on Wednesday.

65 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, AMD, CSX, FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, FER, MU, NVDA, NXPI, SBUX, META, MNST, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, DDOG, PANW, CRWD, FTNT, MDB, FANG, BKR, KDP, AEP, CEG, LIN, TSLA, ADBE, CPRT, KHC, MDLZ, PEP,

NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 7
ADP, COST, EA, PAYX, ROP, TRI, VRSK,


Moving Below 30 DMA = 2
CCEP, ISRG,



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Tuesday, April 28, 2026

DJI, SPX, NDX, RUT Closed Lower...Breadth Weakened...Afterhours - STX Gains on Positive EPS Reaction...AMZN, GOOGL, META, MSFT Report Wednesday After the Close...


© 2026


SPX -35.11, 7,138, pulled back in a one-day bull flag pattern.  Breadth weakened as decliners led on the NYSE and NASDAQ exchanges. Volume was below average and VIX closed lower, a sign that institutions continued to unwind hedges. 

The FOMC will report on its latest interest rate action on Wednesday at 2 p.m. EDT.  Rates are expected to remain unchanged. 

AMZN GOOGL META MSFT report after the close tomorrow Wednesday, April 29.

After hours: STX +107.97, 18.65% reported EPS and had a strong positive reaction to earnings.

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EPS season Day 11:   CNC BEN AVB NUE KO VTR INCY AMT IVZ GM ABY KMB closed higher on a positive EPS reaction.  ARE ZBH PNR UHS GLW ALLE PCAR XYL BRO UPS SHW CDNS HLT PSA SYY SPBI CINF ECL CMS closed lower after a negative EPS reaction.  

ABBV ADP APH BG BIIB CTSH EME ETR GS GEHC GNRC GRMN HUM IEX LII ODFL PSX REGN SWK VMC VRSK YUM report EPS Wednesday BMO. 26 more SPX companies report after the close for 48 total on Wednesday.  There are 156 companies or 31.2% of SPX companies scheduled to report Tuesday, Wednesday and Thursday.
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NVDA -3.44, -1.59%, on 180.2 million shares.
MU -20.27, -3.86%, paused and formed a doji on Tuesday.

SPX advancers: CNC BEN AVB UDR PKG NUE EQR ESS CPT IP MAA KO UNH.
SPX decliners: ARE ZBH PNR UHS GLW LITE ALLE CIEN SNDK ALB PCAR AMAT.

SPY below average volume of 43.1 million shares.
VIX -0.19 17.83
NDX -1.01% paused and formed a spinning top od Tuesday.
DJI, 49,141, -0.05% formed a spinning top in a bull flag pullback


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


Up:
Down: DIA, SPY, QQQ, IWM

The SPY MFC green line pointed up at 97.6, price-action is a bounce to new closing high short-term bullish. +1.1. 

Six of eleven sectors (32.8%) were higher on Tuesday led by XLE, XLRE and XLP


37 of 100 NDX stocks closed higher on Tuesday.

60 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, AMD, CSX, FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, FER, MU, NVDA, NXPI, SBUX, META, MNST, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, DDOG, PANW, CCEP, CRWD, FTNT, MDB, FANG, BKR, ISRG, KDP, AEP, CEG, LIN, TSLA, ADBE, CPRT, KHC, MDLZ, PEP,

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 5
ADBE, CPRT, KHC, MDLZ, PEP,


Moving Below 30 DMA = 6
ASML, BKNG, COST, IDXX, ORLY, PCAR,



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Monday, April 27, 2026

SPX, NDX New All-time Closing High...NVDA Continues Break Out...EPS Season Continues 31% of SPX Companies Report Tuesday to Thursday...FOMC Wednesday...MegaCaps EPS This Week...

 

NVDA Continues Break Out to a New Closing High
 
© 2026


Our iBullyBear Mentoring account saw strength in MU, LITE, NVDA, SNDK and NVDA along with several other gainers on Monday.


SPX +8.83, 7,173, continued to rise above short-term resistance to an all-time closing high.  Breadth weakened as advancers led on the NYSE and lagged on the NASDAQ exchange. Volume was below average and VIX closed lower, a sign that institutions continued to unwind hedges as the broad market hit an all-time high.  It is meaningful to note that VIX is still at a moderate level.

The FOMC will report its lates interest action on Wednesday at 2 p.m. EDT.  Rates are expected to remain unchanged.  AMZN GOOGL META MSFT report after the close on Wednesday, April 29.

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EPS season Day 10:   VZ closed higher on a positive EPS reaction.  DPZ closed lower after a negative EPS reaction.  ALLE AMT AVY BEN CMS CNC ECL GLW GM HLT INCY IVZ KMB KO PCAR PNR SHW SPGI SYY UPS XYL ZBH report EPS Tuesday BMO. 27 more SPX companies report after the close for 49 total on Tuesday.  There are 156 companies or 31.2% of SPX companies scheduled to report Tuesday, Wednesday and Thursday.
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NVDA +8.34, +4.00%, all-time closing high, on 185.3 million shares.
MU +27.84, +5.60%, a new high close on Monday.

SPX advancers: SNDK ALB MU SWK CNC NVDA HUM SATS ELV LVS HCA INTC.
SPX decliners: DPZ DLTR GLW COHR SMCI MRNA ARE TER NEM AMD TMUS.

SPY below average volume of 33.1 million shares, lowest volume day of 2026.
VIX -0.69 18.02
NDX +0.01% made a new all-time closing high by 2 points.
DJI, 49,167, -0.13% formed a spinning top in a bull flag pullback


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


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

The SPY MFC green line turned up at 96.5, price-action is a bounce to new closing high short-term bullish. +0.8. 

Five of eleven sectors (69.3%) were higher on Monday led by XLF, XLC and XLK


39 of 100 NDX stocks closed higher on Monday.

61 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, AMD, CSX, FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, BKNG, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, ASML, FER, MU, NVDA, NXPI, ORLY, PCAR, SBUX, META, MNST, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, DDOG, PANW, CCEP, CRWD, FTNT, COST, MDB, FANG, BKR, ISRG, KDP, AEP, CEG, LIN, TSLA, IDXX,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 1
IDXX,  


Moving Below 30 DMA = 4
ADBE, EA, MDLZ, PEP,



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