DJI was Flat...SPX, RUT NDX Closed Lower...Technology Sector and Semiconductor Stocks Led Broad Market Lower...META, Mega-Caps, Financial Sector Led Stocks...

© 2026

SPX -16.13, 7,483, opened higher, traded in a range and closed slightly lower above 30 DMA.  Both the NDX and SPX in a 3-week consolidation paused.  Breadth was slightly stronger as advancers led on the NYSE and the NASDAQ exchanges.

SpaceX, SPCX, closed at 157.54, -7.80%.  Our view is that SPCX with no earnings continues to be an overvalued speculation even with inclusion in the NDX on July 7.

SPX advancers: APP COIN META GIS HOOD PLTR SPGI ELV ALGN IBKR FDS.

SPX decliners: GLW KLAC TER SNDK MU AMAT LRCX INTC MRVL GNRC VRT.

SPY -0.14% on below average volume of 47.1 million shares.

VIX +0.14, 16.59,

NDX -1.54% opened lower and closed lower above its 30 DMA.

DJI, 52,305, -0.03%, slightly below Tuesday’s all-time closing high.

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

Up: DIA,

Down: SPY, IWM, QQQ,

The SPY MFC green line is up at 44.6, price-action remained above ST support and is short-term bullish. +6.9

Seven of eleven sectors were higher on Wednesday led by XLC, XLF and XLY. 

59 of 100 NDX stocks closed higher on Wednesday.

52 NDX stocks are above their 30 DMA: MRVL, AMD, AMAT, LRCX, AAPL, MU, MNST, PANW, CRWD, FTNT, KDP, ASML, KLAC, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, INTC, WDC, VRTX, 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, TSLA, APP, CTAS, MDB, META, TRI,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 5

APP, CTAS, MDB, META, TRI,

Moving Below 30 DMA = 5

ARM, CMCSA, FER, STX, STX,  

Add Comments here:

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

© 2026

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, 52,319, +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 Tuesday 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,

Add Comments here:

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

 

© 2026

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,

Add Comments here: