NDX, RUT, SPX, DJI Closed Higher...VIX Closed Lower...Industrials, Technology Led Secotor Rally...Breadth Strengthens...

 

© 2026

SPX +173.08 7,549 a very large move up as oil moved lower which opened and closed higher above Friday’s harami as the industrial and technology sectors led the rebound.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges.  

The CPI report is Tuesday 8:30 am ET before the market open.

SPX advancers: COHR AMD TER BE AMAT FERG LITE CIEN CEG LRCX NRG.

SPX decliners: FSLR NVDA TTWO AKAM AXON DVA HSY HUM PM ACN GDDY.

Oil /CL fell -3.96 and closed at 86.38.

SPY +17.40, +2.37%, above average volume of 50.2 million shares. 

VIX -5.72, 19.92 closed lower.

Up: QQQ, IWM, SPY, DIA,

Down:   

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

SPCX closed at 142.07, +7.80, volume of 103.4 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 turned up at 22.4, price-action closed above the high of the following day, is above Sep 16 support and is short-term bullish. +7.

All eleven sectors were higher on Monday, XLK +3.92%. 

84 of 100 NDX stocks closed higher on Monday.

53 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, PDD, ABNB, AAPL, AMZN, BKNG, MSFT, TMUS, TTWO, APP,  CDNS, CEG, MPWR, ROST, TSLA, TXN,

NDX Stocks to Watch on Tuesday

Moving Above 30 DMA = 6

CDNS, CEG, MPWR, ROST, TSLA, TXN,

Moving Below 30 DMA = 1    

TRI,

Add Comments here:

NDX, RUT, SPX Close Higher Led by Technology Sector...DJI Close Lower...Breadth Strengthened...

© 2026

SPX +23.13 7,376 opened and closed higher and formed a bullish harami as the technology sector led a rebound.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges. 

SPX advancers: COHR ABNB AMD VST APP NRG INTC LRCX CRL KLAC ANET.

SPX decliners: AXON MCHP DXCM POSS CNC CHTR MNST EXPE GDDY BKNG.

Oil /CL fell -0.86 and closed at 90.34.

SPY +2.29, +0.31%, above average volume of 59.2 million shares. 

VIX -2.54, 25.64 closed lower.

Up: QQQ, IWM, SPY,

Down: DIA,  

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

SPCX closed at 135.64, +12.02, volume of 116.9 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 pointed down at 15.4, price-action is below Sep 16 support and is bearish. -2.3.

Three of eleven sectors were higher on Friday, XLK +1.45%. 

47 of 100 NDX stocks closed higher on Friday.

48 NDX stocks are above their 30 DMA: ISRG, TXN, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ORLY, TRI, 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, PDD, ABNB, AAPL, AMZN, BKNG, MSFT, TMUS, TTWO, APP,  

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 0

Moving Below 30 DMA = 4    

ADBE, DXCM, ROST, WDAY,

Add Comments here:

SPX/SPY Breaks Support...Falls into June Trading Range...SPX Largest Point and % Drop of 2026...Jobs Report Friday 8:30 am ET...

© 2026

SPY breaks Sept 16 horizontal support. S&R measuring technique indicates 1.618% target at $730.96 and 200% target at $719.00, which would slightly exceed its June 9 $722.59 low. 

SPX -334.89 is the largest point drop of 2026 and at -4.36% the largest percentage drop of 2026.

SPX -334.89 7,353 opened and closed lower and formed its largest red candle of 2026.  Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges. 

SPX advancers: APP TPR VRSK CPAY CF CHTR MSI ALB MOS STE BR.

SPX decliners: SNDK LITE MU WDC AMD BE P LRCX STX TER CIEN.

Oil /CL rose +3.16 and closed at 91.20.

SPY -33.81, -4.41%, above average volume of 125.8 million shares. 

VIX +11.57, 28.18 closed significantly higher.

Up:

Down: DIA, SPY, IWM, QQQ,

Mega caps WMT, BRK/B, AAPL, GOOGL, AMZN, LLY, MSFT, META, SPCX, NVDA, AVGO, TSM and TSLA fell on Thursday.  MU has fallen below $1 trillion and is no longer a Mega cap.

SPCX closed at 123.62, -12.30, volume of 170.5 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 pointed down at 17.7, price-action broke support and is bearish. -9.5.

All eleven sectors were lower on Thursday, XLK -8.24%. 

12 of 100 NDX stocks closed higher on Thursday.

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

NDX Stocks to Watch on Friday

Moving Above 30 DMA = 1

APP,

Moving Below 30 DMA = 3    

AXON, DASH, TSLA,

Add Comments here: