Tuesday, October 6, 2026

SPX, NDX New All-time High...DJI Closed Higher...RUT Closed Lower...Breadth Remains Positive...


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Our iBullyBear Mentoring account made an all-time Net Liq high on strength in CRWD, AMD, CIEN, RCL and other gainers on Tuesday.

Improve trading results by employing a systematic approach to decision-making in the face of uncertainty.  If you want to improve your skills contact us through the iBullyBear link above.


SPX +44.98, 7,818 makes a new all-time closing high.  Breadth remained positive as advancers led on both the NYSE and the NASDAQ exchanges.  The SPX broke above its sideways consolidation pattern since August 4th today.

The NDX made a new all-time closing high after breaking out of June resistance on Friday. 

Oil /CL rose +0.61 and closed at 89.91.  

SPX advancers: CIEN, CTVA, CEG, VST, NRG, GLW, EME, MRVL, SOLS, PWR, RCL.
SPX decliners: STX, MRNA, WDC ILMN, KLAC, DXCM, CHRW, LRCX, TER, INTC.

SPY +4.26, +0.55%, above average volume of 36 million shares, new closing high. 
VIX -0.51, 15.01 closed lower.
NDX +0.48% closed at an all-time high.

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


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


SPCX closed at 171.92, +0.83, volume of 106.9 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  In the end if buyers are greater than sellers the stock will rise.  People seem to be willing to speculate on this company’s long-term fundamental future.  Positive comments in news from Morgan Stanley. 

The SPY MFC green line is up at 74, price-action on Tuesday, new high close and is short-term bullish. +7.7.

Ten of eleven sectors were higher on Wednesday, XLK +0.53%. 


62 of 100 NDX stocks closed higher on Tuesday.

51 NDX stocks are above their 30 DMA: MSTR, QCOM, AAPL, META, AMD, INTC, CRWD, FTNT, PANW, ISRG, LITE, MRVL, PLTR, MU, NXPI, SNDK, ADI, ALAB, NBIS, NVDA, TER, TXN, DDOG, MPWR, MSFT, RKLB, WBD, ASML, MAR, KLAC, LRCX, MCHP, SNPS, AMAT, CDNS, SPCX, CRWV, HON, FAST, COST, CSCO, GOOGL, LIN, TSLA, AVGO, MELI, ADSK, AEP, AMZN, CEG, PYPL,

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 5
ADSK, AEP, AMZN, CEG, PYPL,


Moving Below 30 DMA = 2
IDXX, STX,



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Monday, October 5, 2026

NDX Made a New All-time Closing High...SPX, RUT, DJI Closed Higher...Breadth Remained Positive...MS Comments on SPCX...


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Our iBullyBear Mentoring account maintained its’ Net Liq high on strength in LITE, NET, SPCX, NVDA and other gainers on Monday.

Improve trading results by employing a systematic approach to decision-making in the face of uncertainty.  If you want to improve your skills contact us through the iBullyBear link above.


If you are a trading decision maker, in the face of uncertainty, on the hard right edge of the chart, financial media is for entertainment.  Entertainment. It is for entertainment. 

Nassim Taleb stated it this way, “I will say here that such respect for the time honored provides arguments to rule out any commerce with the babbling modern journalist and implies a minimal exposure to the media as a guiding principle for someone involved in decision-making under uncertainty.  If there is anything better than noise in the mass of ‘urgent’ news pounding us, it would be like a needle in a haystack.  People do not realize that the media is paid to get your attention.”  Taleb, Nassim Nicholas, Fooled By Randomness, 2001, p. 52-53,

Did you catch those key phrases like:
“rule out any commerce with,”
“minimal exposure to the media,”
“if there is anything better than noise,” … “it would be like a needle in a haystack,”
“the media is paid to get your attention”? 

If you get what Nassim Taleb is saying, you should recognize the financial media is entertainment.  It is not a source for financial decision making.  Who would transfer serious financial decision making to someone who is not even aware of their situation?  Certainly, a journalist who is in the business of entertainment to get your attention would qualify as someone who is not aware of the listeners’ situation.


SPX +51.23, 7,773 opened higher, and closed at its third highest close, only exceeded by Aug 13 – 14, 2026.  Breadth remained positive as decliners led on the NYSE and the advancers led on the NASDAQ exchange.  The SPX since August 4th has been in a sideways consolidation pattern.

The NDX made a new high after breaking out of June resistance on Friday. 
RUT 2,847 rose +14.24, continuing Friday’s bounce.
Oil /CL fell -1.96 and closed at 89.30.  

SPX advancers: PTC ILMN CRL MRNA WDC APP GPN NUE ADSK STX FICO.
SPX decliners: CHRW LEN CMG BMY DOC MRK VTR ARE GLW INTC UAL.

SPY +5.19, +0.67%, above average volume of 44.8 million shares, third highest close. 
VIX +0.21, 15.52 rose, but fell from the open.
NDX +0.87% closed at an all-time high.

Up: QQQ, SPY, IWM, DIA,
Down: 


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


SPCX closed at 171.09, +12.13, volume of 134.7 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  In the end if buyers are greater than sellers the stock will rise.  People seem to be willing to speculate on this company’s long-term fundamental future.  Positive comments in news from Morgan Stanley. 

The SPY MFC green line is up at 66.3, price-action on Monday, continued to bounce and is short-term bullish. +7.7.

Ten of eleven sectors were higher on Monday, XLK +0.56%.


61 of 100 NDX stocks closed higher on Monday.

48 NDX stocks are above their 30 DMA: MSTR, QCOM, AAPL, META, AMD, INTC, CRWD, FTNT, PANW, ISRG, LITE, MRVL, PLTR, MU, NXPI, SNDK, ADI, ALAB, NBIS, NVDA, TER, TXN, DDOG, MPWR, MSFT, RKLB, WBD, ASML, MAR, KLAC, LRCX, MCHP, SNPS, AMAT, CDNS, SPCX, CRWV, HON, FAST, COST, CSCO, GOOGL, LIN, TSLA, AVGO, IDXX, MELI, STX,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 4
AVGO, IDXX, MELI, STX,         


Moving Below 30 DMA = 0




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Friday, October 2, 2026

NDX, RUT, SPX, DJI Closed Higher...Positive Market Reaction on Below Consensus Jobs Report...


© 2026


Our iBullyBear Mentoring account achieved a new all-time Net Liq high on strength in MU, AMUU, LITE, AMAT and other gainers on Friday.

Improve trading results by employing a systematic approach to decision-making in the face of uncertainty.  If you want to improve your skills contact us through the iBullyBear link above.


If you are a trading decision maker, in the face of uncertainty, on the hard right edge of the chart? Then financial media is for entertainment.  Entertainment. It is for entertainment. 

Nasim Taleb stated it this way, “I will say here that such respect for the time honored provides arguments to rule out any commerce with the babbling modern journalist and implies a minimal exposure to the media as a guiding principle for someone involved in decision-making under uncertainty.  If there is anything better than noise in the mass of ‘urgent’ news pounding us, it would be like a needle in a haystack.  People do not realize that the media is paid to get your attention.”

Did you catch those key phrases like:
“rule out any commerce with,”
“minimal exposure to the media,”
“if there is anything better than noise,” … “it would be like a needle in a haystack,”
“the media is paid to get your attention”? 

If you get what Nasim Taleb is saying, you should recognize financial media is entertainment.  It is not a source for financial decision making.  Who would transfer serious financial decision making to someone who is not even aware of their situation?  Certainly, a journalist who is in the business of entertainment to get your attention would qualify as someone who is not aware of the listeners' situation.


SPX +56.27, 7,722 opened higher, as the futures market rose after the Jobs Report came in at 29K versus 85K consensus.  Breadth improved as advancers led on both the NYSE and the NASDAQ exchanges.  The NDX broke out of June resistance to new all-time closing high.  The SPX since August 4th has been in a sideways consolidation pattern.

RUT 2,832 rose +26.27, a move above the high of the low day.
Oil /CL rose -1.65 and closed at 91.26.  

SPX advancers: TER HPE ECHO ON COHR NTAP TSLA URI P TXN GNRC.
SPX decliners: WDC STX ACN CTVA APP FDS IT CTSH SNDK NKE LDOS.

SPY +5.65, +0.74%, above average volume of 46.3 million shares, close above the high of the low day. 
VIX -1.08, 15.31 fell.
NDX +1.00% price closed above its June high, also at an all-time high.
DJI, 51,176 +0.49%, closed above the high of the low day.

Up: QQQ, IWM, SPY, DIA,
Down: 


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


SPCX closed at 158.96, +10.89, volume of 119.5 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  In the end if buyers are greater than sellers the stock will rise.  People seem to be willing to speculate on this company’s long-term fundamental future. 

The SPY MFC green line turned up at 58.6, price-action on Friday is a close above the high of the low day bounce and is short-term bullish. +1.0.

Ten of eleven sectors were higher on Friday.  XLK +1.01%.


58 of 100 NDX stocks closed higher on Friday.

44 NDX stocks are above their 30 DMA: MSTR, QCOM, AAPL, META, AMD, INTC, CRWD, FTNT, PANW, ISRG, LITE, MRVL, PLTR, MU, NXPI, SNDK, ADI, ALAB, NBIS, NVDA, TER, TXN, DDOG, MPWR, MSFT, RKLB, WBD, ASML, MAR, KLAC, LRCX, MCHP, SNPS, AMAT, CDNS, SPCX, CRWV, HON, FAST, COST, CSCO, GOOGL, LIN, TSLA,

NDX Stocks to Watch on Monday
Moving Above 30 DMA = 5
COST, CSCO, GOOGL, LIN, TSLA,         


Moving Below 30 DMA = 3
ROST, STX, WDC,



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