Thursday, November 12, 2026

NDX Closed Higher...SPX, DJI, IWM Closed Lower...Breadth Weakened...VIX and Oil Rose...NVDA CEO Resigns...


© 2026


SPX -26.98 7,592 opened and closed lower on another pause day when markets declined overnight as NVDA’s board met regarding its CEO.  Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges.

NVDA -7.54, -4.34% to 166.19, following reports that CEO Huang has resigned and the CFO has become the interim CEO while the company completes an executive search.

SPX advancers: AVGO AMD ANET P SWKS CEG VLO DVN GOOGL MPC VRT.
SPX decliners: CTVA GPN SMCI KDP MRNA FIS UAL DVA RDDT DAL MOS.

Oil /CL rose +2.28 and closed at 88.70.

SPY -2.69, -0.35%, below average volume of 37.4 million shares. 
VIX +1.21, 18.70 closed higher.

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


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


SPCX closed at 139.94, +0.19, volume of 96.2 million shares. Our view is that SPCX proved its ability to produce profits in its last quarterly report.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line is pointed up at 37.4, price-action paused and with the rally that started on Friday still up.  Price closed above Sep 16 support and is short-term bullish. +9.9.

One of eleven sectors closed higher on Thursday, led by XLK -0.34%. 


39 of 100 NDX stocks closed higher on Thursday.

56 NDX stocks are above their 30 DMA: ISRG, TXN, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ORLY, XEL, MRNA, AMGN, KDP, EXC, GEHC, IDXX, MDLZ, CSX, AZN, GILD, INTU, REGN, HON, PAYX, ROP, SBUX, PEP, KHC, NXPI, VRTX, CPRT, FER, CMCSA, ABNB, AAPL, AMZN, BKNG, TMUS, TTWO, APP,  MPWR, ROST, TSLA, TXN, RKLB, ADI, AMD, AVGO, CEG, QCOM, CDNS, MNST,

NDX Stocks to Watch on Friday
Moving Above 30 DMA = 2
CDNS, MNST,


Moving Below 30 DMA = 1    
PCAR,



Add Comments here:

Wednesday, November 11, 2026

NDX, SPX, RUT, DJI Closed Higher...Breadth Strengthened...VIX Falls to 17.49...


© 2026


SPX +98.45 7,619 opened and closed higher in a bounce continuation day.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges.

After-hours: NVDA -15.74, -9.06% at 157.99, falls following reports that CEO Huang had an affair with an employee.  Futures /ES and /NQ pulling back following the decline in NVDA stock.


SPX advancers: SNDK BE DELL MU LITE COHR MRVL STX SMCI CIEN WDC.
SPX decliners: CTVA ABNB AMCR MCD MOS MSFT LULU LDOS CAG NVR BF/B.

Oil /CL was near unchanged -0.01 and closed at 86.33.

SPY +9.89, +1.32%, below average volume of 40.7 million shares. 
VIX -1.97, 17.49 closed lower.

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


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


SPCX closed at 139.75, -3.34, volume of 112.8 million shares. Our view is that SPCX proved its ability to produce profits in its last quarterly report.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line is pointed up slightly at 27.4, price-action continued to bounce and resumed the rally that started on Friday.  Price closed above Sep 16 support and is short-term bullish. +0.5.

Ten of eleven sectors closed higher on Wednesday, led by XLK +3.23%. 


83 of 100 NDX stocks closed higher on Wednesday.

55 NDX stocks are above their 30 DMA: ISRG, TXN, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ORLY, XEL, MRNA, AMGN, KDP, EXC, GEHC, IDXX, MDLZ, CSX, AZN, GILD, INTU, REGN, HON, PAYX, ROP, SBUX, PEP, KHC, NXPI, VRTX, CPRT, FER, CMCSA, ABNB, AAPL, AMZN, BKNG, TMUS, TTWO, APP,  MPWR, ROST, TSLA, TXN, RKLB, ADI, AMD, AVGO, CEG, PCAR, QCOM,

NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 6
ADI, AMD, AVGO, CEG, PCAR, QCOM,


Moving Below 30 DMA = 2    
MNST, MSFT,



Add Comments here:

Tuesday, November 10, 2026

DJI, SPX, NDX, RUT Closed Lower...Breadth Weakened as the Bounce Paused...VIX Fell...


© 2026


SPX -29.01 7,520 opened and closed lower in a bounce pause day.  Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges. 

SPX advancers: CHTR TTWO CVS AKAM EQT AVGO GPN STLD HUM CBOE AIG.
SPX decliners: MRNA FSLR NVDA LEN NVR COHR BE ALB EM BXP GEV.

Oil /CL rose +0.06 and closed at 86.44.

SPY -2.77, -0.37%, below average volume of 40.7 million shares. 
VIX -0.46, 19.46 closed lower.

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


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


SPCX closed at 143.09, +1.02, volume of 82.1 million shares. Our view is that SPCX proved its ability to produce profits in its last quarterly report.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line remained pointed up at 26.9, price-action paused and remained above the high of the following day, above Sep 16 support and is short-term bullish. +4.5.

Six of eleven sectors were higher on Tuesday, XLK -1.12%. 


48 of 100 NDX stocks closed higher on Tuesday.

51 NDX stocks are above their 30 DMA: ISRG, TXN, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ORLY, XEL, MRNA, AMGN, KDP, EXC, GEHC, IDXX, MDLZ, CSX, AZN, GILD, INTU, MNST, REGN, HON, PAYX, ROP, SBUX, PEP, KHC, NXPI, VRTX, CPRT, FER, CMCSA, ABNB, AAPL, AMZN, BKNG, MSFT, TMUS, TTWO, APP,  MPWR, ROST, TSLA, TXN, RKLB,

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 1
RKLB,


Moving Below 30 DMA = 3    
CDNS, CEG, PDD,



Add Comments here: