Friday, February 20, 2026

NDX, SPX, DJI Closed Higher on Friday...Breadth Strengthened...VIX Moved Lower...


© 2026


SPX +47.62, 6,909, continued to bounce above the high of the low day with its highest close in six days. Approximately 35 of the 47 SPX points came from six mega-caps rising, GOOGL, AAPL, NVDA, META, TSLA and AMZN. Only MSFT closed lower.  Some narratives are misattributing what is causing the SPX to range and what is causing it to rise.  Breadth strengthened as advancers led on both the NYSE and the NASDAQ exchanges.  

SPX leaders: GLW, CIEN, SNDK, EXR, EXE, GOOGL, PFG, EBAY, GRMN, EXPD.
SPX decliners: AKAM, CRWD, ORCL, ARE, PAYC, DDOG, BX, ANET, CPRT, PODD.

SPY traded above average volume of 100 million shares on Friday.
VIX -1.14, at 19.09
NDX +0.87%, bullish engulfing closed above the high of the low day.
DJI, 49,395, +0.47%, formed a bullish engulfing candle, in a bull flag pattern.


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


Up: QQQ, SPY, DIA, IWM
Down:

The SPY MFC green line turned up at 41.6, price-action continued to bounce above the high of the low day and is short-term bullish. +7.6. 

Nine of eleven sectors were higher on Friday led by XLC, XLY and XLRE. 


64 of 100 NDX stocks closed higher on Friday.

52 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, WDC, TXN, ODFL, BKNG, MCHP, CMCSA, LIN, HON, LRCX, MU, ASML, MPWR, STX, BKR, SBUX, COST, FAST, AEP, MDLZ, AMGN, GILD, FANG, FER, CSX, PEP, CCEP, ROST, CHTR, TMUS, MAR, KDP, XEL, AZN, CTAS, AMAT, ARM, KLAC, EXC, REGN, VRTX, WBD, CSCO, DXCM, GEHC, KHC, NVDA, INSM, AAPL, CEG,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 2
AAPL, CEG,  


Moving Below 30 DMA = 2
AVGO, FTNT,



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