Friday, February 20, 2026

NDX, SPX, DJI Closed Higher on Friday...Breadth Strengthened...VIX Moved Lower...


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SPX +47.62, 6,909, continued to bounce above the high of the low day with its highest close in six days. Approximately 35 of the 47 SPX points came from six mega-caps rising, GOOGL, AAPL, NVDA, META, TSLA and AMZN. Only MSFT closed lower.  Some narratives are misattributing what is causing the SPX to range and what is causing it to rise.  Breadth strengthened as advancers led on both the NYSE and the NASDAQ exchanges.  

SPX leaders: GLW, CIEN, SNDK, EXR, EXE, GOOGL, PFG, EBAY, GRMN, EXPD.
SPX decliners: AKAM, CRWD, ORCL, ARE, PAYC, DDOG, BX, ANET, CPRT, PODD.

SPY traded above average volume of 100 million shares on Friday.
VIX -1.14, at 19.09
NDX +0.87%, bullish engulfing closed above the high of the low day.
DJI, 49,395, +0.47%, formed a bullish engulfing candle, in a bull flag pattern.


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


Up: QQQ, SPY, DIA, IWM
Down:

The SPY MFC green line turned up at 41.6, price-action continued to bounce above the high of the low day and is short-term bullish. +7.6. 

Nine of eleven sectors were higher on Friday led by XLC, XLY and XLRE. 


64 of 100 NDX stocks closed higher on Friday.

52 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, WDC, TXN, ODFL, BKNG, MCHP, CMCSA, LIN, HON, LRCX, MU, ASML, MPWR, STX, BKR, SBUX, COST, FAST, AEP, MDLZ, AMGN, GILD, FANG, FER, CSX, PEP, CCEP, ROST, CHTR, TMUS, MAR, KDP, XEL, AZN, CTAS, AMAT, ARM, KLAC, EXC, REGN, VRTX, WBD, CSCO, DXCM, GEHC, KHC, NVDA, INSM, AAPL, CEG,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 2
AAPL, CEG,  


Moving Below 30 DMA = 2
AVGO, FTNT,



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Thursday, February 19, 2026

SPX, NDX, DJI Closed Lower, RUT Closed Slightly Higher...SPY Below Average Volume...VIX Rises...


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SPX -19.42, 6,861, opened and closed lower, formed a spinning top that closed above the high of the low day. Breadth weakened as decliners led by a small amount on both the NYSE and the NASDAQ exchanges.  

SPX leaders: OMC, DE, TPL, OXY, SMCI, PWR, MRNA, SO, EXE, HII, EIX, CRL.
SPX decliners: EPAM, POOL, BKNG, UAL, BX, APO, DAL, LUV, TAP, SWKS, INVH.

SPY traded below average volume of 58.6 million shares on Thursday.
VIX +0.61, at 20.32
NDX -0.41%, spinning top closed just below the high of the low day.
DJI, 49,395, -0.54%, formed a red candle, in a bull flag pattern.


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


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

The SPY MFC green line is pointed down at 34.2, price-action remained above the high of the low day and is short-term bullish. -6.8. 

Four of eleven sectors were higher on Thursday led by XLU, XLI and XLE. 


39 of 100 NDX stocks closed higher on Thursday.

52 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, WDC, TXN, ODFL, BKNG, MCHP, CMCSA, LIN, HON, LRCX, MU, ASML, MPWR, STX, BKR, SBUX, COST, FAST, AEP, MDLZ, AMGN, GILD, FANG, FER, CSX, PEP, CCEP, ROST, CHTR, TMUS, MAR, KDP, XEL, AZN, CTAS, AMAT, ARM, FTNT, KLAC, EXC, REGN, VRTX, WBD, CSCO, DXCM, GEHC, KHC, NVDA, AVGO, INSM,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
AVGO, INSM,   


Moving Below 30 DMA = 3
AAPL, CDNS, NXPI,



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Wednesday, February 18, 2026

NDX, SPX, RUT, DJI Closed Higher...Breadth Strengthened as Advancers Lead...VIX Falls Again...


© 2026


SPX +38.09, 6,881, opened and closed higher, formed a white candle that closed above the high of the low day. Breadth strengthened as advancers led on both the NYSE and the NASDAQ exchanges.  

SPX leaders: GPN, GRMN, MGM, CBRE, CDNS, APP, CSGP, DASH, MCO, LDOS.
SPX decliners: DINO, PANW, CCI, GPC, AMT, WELL, NXPI, CARR, ZBRA, EXE, NI.

SPY traded below average volume of 73.4 million shares on Wednesday.
VIX -0.67, at 19.62
NDX +0.80%, white candle closed above the high of the low day.
DJI, 49,662, +0.26%, formed a spinning top, in a bull flag pattern.


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


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

The SPY MFC green line is pointed down at 41, price-action moved above the high of the low day and is short-term bullish. -5.3. 

Seven of eleven sectors were higher on Wednesday led by XLE, XLK and XLY. 

77 of 100 NDX stocks closed higher on Wednesday.

53 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, WDC, TXN, ODFL, BKNG, MCHP, CMCSA, LIN, HON, LRCX, MU, ASML, MPWR, STX, BKR, SBUX, COST, FAST, AEP, MDLZ, AMGN, GILD, FANG, FER, CSX, PEP, CCEP, ROST, CHTR, TMUS, MAR, KDP, XEL, AZN, CTAS, AMAT, ARM, FTNT, KLAC, EXC, NXPI, REGN, VRTX, AAPL, WBD, CDNS, CSCO, DXCM, GEHC, KHC, NVDA,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 6
CDNS, CSCO, DXCM, GEHC, KHC, NVDA,   


Moving Below 30 DMA = 1
CEG,



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