Friday, January 16, 2026

SPX, NDX, DJI Closed Slightly Lower on Friday...


© 2026

Markets are closed Monday in observance of the MLK, Jr. DayHappy Holiday and relaxing three-day weekend!


The first two weeks of trading are complete, materials, industrials and energy are the early YTD leading sectors.  GE and CAT are the two largest components of XLI.


SPX -4.46, 6,940, paused on expiration Friday.  SPY again traded average volume.
VIX closed +0.02, higher at 15.89

NDX -0.07%, continued in a nine-day tight trading range.
DJI, 49,359, -0.17%, also in a nine-day consolidation.

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

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

The SPY MFC green line continues to point down at 86.1, and price-action is counter-trend defensive. -2.8  

Five of eleven sectors were higher on Friday led by XLRE, XLI and XLE.  


47 of 100 NDX stocks closed higher on Friday.

53 NDX stocks are above their 30 DMA: WBD, ROST, CTSH, MNST, PCAR, ADI, AMAT, EA, WDC, TXN, DXCM, ODFL, SNPS, BKNG, NXPI, MCHP, CMCSA, MAR, LIN, HON, AXON, KLAC, LRCX, MU, ASML, GOOGL, INTC, MPWR, STX, AMZN, BKR, FER, MELI, SBUX, AZN, COST, IDXX, CPRT, CTAS, FAST, AEP, MDLZ, ORLY, AMD, MSTR, AMGN, PEP, XEL, EXC, NVDA, ADP, FANG, GILD,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 3
ADP, FANG, GILD,


Moving Below 30 DMA = 2
KHC, VRSK,



Add Comments here:

No comments: