©
2026
SPX +1.20, 7,413, opened
and closed higher, formed an black candle pattern that closed slightly higher. NDX closed just below seven-week support
for a second day.
META, MSFT, AAPL, AMZN report Wednesday and Thursday...
Breadth strengthened as advancers led on both the
NYSE and the NASDAQ exchange.
SPX
advancers: WDAY ADSK EXPE PLTR NOW
CHTR DASH CPRT TYL CRM BKR.
SPX
decliners: SNDK LITE CHRW TPL AMD
NVDA FDXF TRGP LRCX FANG WMB.
___________________________________________________________________
Day 9, Q2 Earnings
season:
Tuesday
BMO: AMT, BA, CARR CMS,
CNC, CNP, DINO, DTE, ECL, GLW HLT HUBB INCY IQV, ITW, IVZ, KO, PCAR, PNR, PYPL,
RCL, SHW, SPGI, TXT, UP, XYL, Tuesday AMC: ACGL, BXP, CSGP, EA EXE, EXR , F,
FE, KLAC, MDLZ, NXPI, OMC, PPG, STX, SWKS, TER, V, VLTO, WM
Q2 First
day reaction: +42%
Positive: BKR, SLB,
DLR, VRSN,
VZ, HCA, LMT, ALLE, URI, TMO, DGX, RTX, CSX, HON,
ROP, NSC,
UNP, TSCO, PKG, LVS, BX, HAS, MMM, GM, STLD, DPZ, TRV, ABT, JBHT, PLD CFG, USB, UNH, BLK,
BNY, CTAS, MTB, PNC, MS, GS, JPM, BAC, = 42
Neutral: NEE, DECK, KMI, IBM, AVB,
EQR, NDAQ, WST, MRSH, WRB, DHI, STT, CAG = 13
Negative: INTC, CHTR, NEM,
EW, HIG, TSLA,
TMUS, ROL,
DOV, GOOGL, GL, CMCSA, LUV, HBAN, CCI, NOW, PCG, TXN NVR, SNA, FCX, AMP, DOW, RJF, DHR, MSCI, HAL, EFX, GPC, SCHW, NOC, SYF,
KEY, ISRG, NFLX, RF, FITB, TFC, GE, UAL PGR,
ELV, JNJ, C, WFC, FAST = 46
Bold
is > +5% or -5%
____________________________________________________________________
SK Hynix ADR, SKHY,
closed 143.02, -7.47%
on its twelfth trading day.
IPO was at 149. SK Hynix is a
profitable company with over $65 billion in revenues (larger than SPCX) and $28
billion in annual profit. The ADR is
speculative because as a new IPO it does not have a track record to evaluate.
SpaceX, SPCX,
closed at 113.50, -1.36%.
made a new low today. Our view is
that SPCX, with no earnings, is an overvalued speculation. IPO at 135 on June 12.
SPY +0.02%, below average volume of 41.4 million
shares.
VIX +0.09, 18.58,
NDX -0.32% closed just below its June 9 support low, in its
7-week sideways consolidation.
DJI, 52,210 +0.51%, rose and closed above its 30 DMA.
Mega caps GOOGL, WMT, MSFT, AAPL, BRK/B, AVGO, LLY rose and META, AMZN, TSM, TSLA, MU, NVDA fell on Monday.
Up: IWM, DIA, SPY,
Down: QQQ,
The SPY
MFC green line is
down at 56.9,
price-action closed at its July 8 ST support and is defensive. -1.8
Seven of eleven sectors were higher
on Monday led by XLP, XLY and XLC
65
of 100
NDX stocks closed higher on Monday.
48 NDX stocks are above their 30
DMA: EA, FAST, PCAR, CCEP, AMGN,
CSX, KHC, ADP, MELI, PAYX, PYPL, REGN, CTAS, AAPL, GILD, PDD, FANG, INTU, NVDA,
ROST, HON, ODFL, CEG, NVDA, EXC, XEL, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI,
WDAY, ABNB, AXON. BKR, COST, CPRT, DASH, DDOG, DXCM, IDXX, MAR, MSFT, ORLY, PLTR,
TTWO,
NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 14
ABNB, AXON. BKR, COST, CPRT, DASH, DDOG, DXCM, IDXX, MAR, MSFT,
ORLY, PLTR, TTWO,
Moving Below 30 DMA = 2
AEP,
PANW,
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