Monday, February 23, 2026

SPX, NDX, RUT, DJI Closed Lower...Breadth Weakened...VIX Closed Higher...


© 2026


SPX -71.76, 6,837, futures were down Sunday evening, Monday’s pre-market and closed lower reportedly due to the President’s 10% and then 15% tariff announcements over the weekend.  Breadth weakened as decliners led on the NYSE and Nasdaq exchanges.

SPX leaders: PYPL, ALB, AKAM, LLY, GLW, DPZ, MOH, EW, POSS, CIEN, KR, ABT.
SPX decliners: IBM, DDOG, CRWD, ZBRA, APP, KKR, COF, EXPE, AXP, ARES.

SPY traded above average volume of 90.5 million shares on Monday.
VIX +1.92, at 21.01
NDX -1.21%, pulled back closed below the high of the low day.
DJI, 48,804, -1.66%, pulled back to short-term support, in a bull flag pattern.


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


Up:
Down: SPY, QQQ, IWM, DIA

The SPY MFC green line is pointed up at 42.2, price-action pulled back but is above short-term support and is short-term bullish. +0.6. 

Five of eleven sectors were higher, (XLB was unchanged) on Monday led by XLP, XLV and XLU. 


30 of 100 NDX stocks closed higher on Monday.

51 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, WDC, TXN, ODFL, BKNG, MCHP, CMCSA, LIN, HON, LRCX, MU, ASML, MPWR, STX, BKR, 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, DXCM, GEHC, KHC, NVDA, INSM, AAPL, CEG,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 1
PDD,   


Moving Below 30 DMA = 2
CSCO, SBUX,



Add Comments here:

No comments: