Monday, July 6, 2026

NDX, SPX, RUT, DJI Closed Higher, DJI Closed Above 53,000, a New All-time Closing High...SPCX to NDX 100 on Tuesday BMO...


© 2026


SPX +54.19, 7,537, opened and closed higher, in its channel bounce pattern.  Both the NDX and SPX bounced in its 4-week consolidation sideways channel.  Breadth improved and remained positive as advancers led on the NYSE and NASDAQ exchanges.

SpaceX, SPCX, closed at 160.42, -0.98%. SPCX will be added to the NDX 100 Tuesday before the open. Our view is that SPCX, with no earnings, IS an overvalued speculation.

SPX advancers: ANET WDC TSLA AMD NTAP VRT STX QCOM PCAR IBKR HPE.
SPX decliners: SOLS ORLY AZO ARE STZ TSCO KDP CSGP CMG SJM GIS.

SPY +0.87% on average volume of 57.5 million shares.
VIX -0.24, 15.57, VIX fell -.34 on Friday to 15.81.
NDX +1.26% opened lower and closed lower, below its 30 DMA.
DJI, 53,055 +0.29%, new all-time closing high.


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


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


The SPY MFC green line is up at 61.7, price-action remained above ST support and is short-term bullish. +11.8

Five of eleven sectors were higher on Friday led by XLK, XLF and XLI. 


56 of 100 NDX stocks closed higher on Monday.

58 NDX stocks are above their 30 DMA: AMD, AMAT, MNST, PANW, CRWD, FTNT, KDP, ASML, KLAC, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, VRTX, ABNB, DASH, TTWO, AEP, AMGN, ALAB, AXON, GEHC, ROP, XEL, AZN, SBUX, CSX, KHC, ADP, DDOG, MELI, PAYX, PYPL, REGN, ALNY, APP, CTAS, MDB, TRI, AAPL, GILD, HON, IDXX, ISRG, PEP, WDAY, DXCM, FER, GOOGL, INTC, META, PDD, PLTR, TSLA, TXN,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 9
DXCM, FER, GOOGL, INTC, META, PDD, PLTR, TSLA, TXN,    


Moving Below 30 DMA = 1
ORLY,



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Thursday, July 2, 2026

DJI 52,900 a new All-time Closing High...SPX Flat...RUT, NDX Closed Down...Technology Sector Leads Selloff...Markets Closed Friday Observance of July 4th Independence Day...


© 2026


Markets are closed Friday, July 3 for observance of the 250th anniversary of Independence Day of the United States, on Saturday July 4th. Have a Magnificient three-day weekend.


SPX +0.01, 7,483, opened higher, traded in a range and closed one cent higher, continued above its 30 DMA.  Both the NDX and SPX are in a 4-week consolidation sideways channel.  Breadth was mixed as advancers led on the NYSE and decliners led slightly on the NASDAQ exchange.

SpaceX, SPCX, closed at 162.00, +2.83%.  Our view is that SPCX, with no earnings continues to be an overvalued speculation, even with inclusion in the NDX on July 7.

SPX advancers: GPC MRNA EFX VRTX SPGI ISRG LDOS NOC TYL AJG FICO.
SPX decliners: SNDK TER KLAC FLEX GLW STX LRCX WDC MRVL COHR LITE.

SPY -0.13% on average volume of 57.5 million shares.
VIX -0.44, 16.15,
NDX -1.54% opened lower and closed lower, below its 30 DMA.
DJI, 52,900, +0.57%, new all-time closing high.


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


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

The SPY MFC green line is up at 49.9, price-action remained above ST support and is short-term bullish. +5.3

Eight of eleven sectors were higher on Thursday led by XLV, XLU and XLP. 


55 of 100 NDX stocks closed higher on Thursday.

50 NDX stocks are above their 30 DMA: AMD, AMAT, MNST, PANW, CRWD, FTNT, KDP, ASML, KLAC, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, VRTX, ABNB, DASH, TTWO, AEP, AMGN, ALAB, AXON, GEHC, ROP, XEL, AZN, SBUX, CSX, KHC, ADP, DDOG, MELI, ORLY, PAYX, PYPL, REGN, ALNY, APP, CTAS, MDB, TRI, AAPL, GILD, HON, IDXX, ISRG, PEP, WDAY,

NDX Stocks to Watch on Monday
Moving Above 30 DMA = 7
AAPL, GILD, HON, IDXX, ISRG, PEP, WDAY,


Moving Below 30 DMA = 9
INTC, LRCX, META, MRVL, MU, SNDK, TER, TSLA, WDC,



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Wednesday, July 1, 2026

DJI was Flat...SPX, RUT NDX Closed Lower...Technology Sector and Semiconductor Stocks Led Broad Market Lower...META, Mega-Caps, Financial Sector Led Stocks...


© 2026


SPX -16.13, 7,483, opened higher, traded in a range and closed slightly lower above 30 DMA.  Both the NDX and SPX in a 3-week consolidation paused.  Breadth was slightly stronger as advancers led on the NYSE and the NASDAQ exchanges.

SpaceX, SPCX, closed at 157.54, -7.80%.  Our view is that SPCX with no earnings continues to be an overvalued speculation even with inclusion in the NDX on July 7.

SPX advancers: APP COIN META GIS HOOD PLTR SPGI ELV ALGN IBKR FDS.
SPX decliners: GLW KLAC TER SNDK MU AMAT LRCX INTC MRVL GNRC VRT.

SPY -0.14% on below average volume of 47.1 million shares.
VIX +0.14, 16.59,
NDX -1.54% opened lower and closed lower above its 30 DMA.
DJI, 52,305, -0.03%, slightly below Tuesday’s all-time closing high.


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


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

The SPY MFC green line is up at 44.6, price-action remained above ST support and is short-term bullish. +6.9

Seven of eleven sectors were higher on Wednesday led by XLC, XLF and XLY. 


59 of 100 NDX stocks closed higher on Wednesday.

52 NDX stocks are above their 30 DMA: MRVL, AMD, AMAT, LRCX, MU, MNST, PANW, CRWD, FTNT, KDP, ASML, KLAC, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, INTC, WDC, VRTX, ABNB, DASH, TTWO, AEP, AMGN, ALAB, TER, AXON, GEHC, ROP, XEL, AZN, HON, SBUX, CSX, KHC, ADP, DDOG, MELI, ORLY, PAYX, PYPL, REGN, ALNY, TSLA, APP, CTAS, MDB, META, TRI,

NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 5
APP, CTAS, MDB, META, TRI,


Moving Below 30 DMA = 5
ARM, CMCSA, FER, NBIS, STX,  



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