Thursday, May 21, 2026

RUT, DJI, SPX, NDX Closed Higher...DJI All-time Closing High...Tech Continues to Lead...


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SPX +12.75, 7,445, bull flag bounce continuation. Breadth weakened from Wednesday and remained positive as advancers led on both the NYSE and NASDAQ exchanges. 

SPX advancers: RL IBM LITE SNDK STX WSM GLW CIEN WDC ANET COHR.
SPX decliners: INTU SATS WMT SOLS DE CMI VLO VEEV MPC DINO WDAY.

Earnings season has 18 SPX companies reported this week including HD, ADI, LOW, TGT, TJX, NVDA, DE, RL, WMT, CPRT, DECK and ROST.

NVDA -3.96, -1.30%, pulled back in a bull flag set up on 202.3 million shares. Reported Wednesday AMC EPS $1.87 Beats $1.76 estimate, Sales $81.615B Beat $78.786B estimate.
MU +30.11, +4.11%, a bull flag bounce continuation.

SPY +0.20%, on below average volume of 43.2 million shares.
VIX -0.68, 16.76
NDX +0.20%,
DJI, 50,285, +0.55% all-time closing high.


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


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

The SPY MFC green line is lower at 88.7, and price-action is short-term bullish. -3.5 

Seven of eleven sectors (81.7%) were higher on Thursday led by XLU, XLK and XLV


58 of 100 NDX stocks closed higher on Thursday.

54 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, AMZN, INTC, STX, WDC, CSCO, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, AAPL, MU, NVDA, NXPI, SBUX, MNST, CDNS, QCOM, SNPS, MSFT, TTWO, APP, DDOG, PANW, CRWD, FTNT, KDP, TSLA, KHC, MDLZ, ADP, MDB, ZS, FANG, LIN, COST, DXCM, PAYX, ADSK, BKR, ASML, KLAC, MAR, MPWR, CPRT, CTAS, HON, LITE, XEL,

NDX Stocks to Watch on Friday
Moving Above 30 DMA = 5
CPRT, CTAS, HON, LITE, XEL,     


Moving Below 30 DMA = 6
ADBE, ADI, AXON, ODFL, WBD, WDAY,



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Wednesday, May 20, 2026

RUT, NDX, DJI, SPX Closed Higher...Bull Flag Bounce...Breadth Strengthens...NVDA Beats on EPS...


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SPX +79.36, 7,432, bull flag bounce moved > HOLD. Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges. 

SPX advancers: UAL SMCI DAL CCL NCLH NRG AMD CEG INTC BLDR FSLR.
SPX decliners: HAS CME INTU ADI DOW APA TGR XOM CF VLO EQT.

Earnings season has 18 SPX companies reporting this week including HD, ADI, LOW, TGT, TJX, NVDA, DE, RL, WMT, CPRT, DECK and ROST.

NVDA +2.86, +1.30%, bounced in a bull flag set up but closed < the HOLD on 184.2 million shares.
MU +33.25, +4.76%, closed > the HOLD in a bull flag.

After hours: NVDA -2.81, -1.26%, reported EPS $1.87 Beats $1.76 Estimate, Sales $81.615B Beat $78.786B Estimate.

SPY +1.02%, on below average volume of 45.7 million shares.
VIX -0.62, 17.44
NDX +1.66%,
DJI, 50,009, +1.31%.


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


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

The SPY MFC green line is slightly higher at 92.2, and price-action is short-term bullish. +0.2 

Eight of eleven sectors (83%) were higher on Wednesday led by XLY, XLK and XLB


74 of 100 NDX stocks closed higher on Wednesday.

55 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, AMZN, INTC, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, AAPL, MU, NVDA, NXPI, SBUX, MNST, CDNS, QCOM, SNPS, MSFT, TTWO, APP, DDOG, PANW, CRWD, FTNT, KDP, TSLA, KHC, MDLZ, ADP, MDB, ZS, FANG, LIN, COST, ADBE, DXCM, PAYX, WDAY, ADSK, AXON, BKR, ASML, KLAC, MAR, MPWR, ODFL, WBD,

NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 6
ASML, KLAC, MAR, MPWR, ODFL, WBD,    


Moving Below 30 DMA = 2
INTU, TMUS,



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Tuesday, May 19, 2026

DJI, NDX, SPX, RUT Closed Lower...SPY, QQQ & Many Stocks Bull Flag Setup...Breadth Weakened...NVDA EPS Wednesday AMC...


© 2026


SPX -49.44, 7,353, forms spinning top in bull flag setup. Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges. 

SPX advancers: EQT SNDK HAS PCG LLY KR CIEN EIX BDX AMT TGT.
SPX decliners: AKAM BLDR FSLR VRT TTD MRNA ZBRA DASH EL CARR GL.

Earnings season has 18 SPX companies reporting this week including HD, ADI, LOW, TGT, TJX, NVDA, DE, RL, WMT, CPRT, DECK and ROST.

NVDA -1.71, -0.77%, an inverted hammer in a bull flag set up on 140.4 million shares, EPS tomorrow on May 20 AMC.
MU +17.20, +2.52%, a bull flag setup.

SPY -0.67%, on just above average volume of 54.1 million shares.
VIX +0.61, 18.06
NDX -0.61%,
DJI, 49,363, -0.65%.


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


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

The SPY MFC green line is slightly lower at 92, and price-action is short-term bullish. -2.8 

Five of eleven sectors (21.1%) were higher on Tuesday led by XLE, XLV and XLU


40 of 100 NDX stocks closed higher on Tuesday.

51 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, AMZN, INTC, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, AAPL, MU, NVDA, NXPI, SBUX, MNST, CDNS, QCOM, SNPS, MSFT, TTWO, APP, DDOG, PANW, CRWD, FTNT, KDP, TSLA, KHC, MDLZ, ADP, MDB, ZS, FANG, LIN, COST, ADBE, DXCM, INTU, PAYX, WDAY, ADSK, AXON, BKR, TMUS,

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


Moving Below 30 DMA = 6
ASML, CPRT, CTAS, MAR, MSTR, VRTX,



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