Tuesday, March 31, 2026

RUT, NDX, SPX, DJI Closed Higher on Potential End of Military Conflict in the Middle East...Breadth Strengthened...VIX Fell...


© 2026


SPX +184.80 6,528.52 closed above the HOLD.   Breadth strengthened and turned positive as advancers led on both the NYSE and Nasdaq exchanges.  While a lack of clarity on both the Middle East and the future range of potential oil prices continued today prices rose dramatically on a hope from comments by POTUS that the U.S. may end the military conflict in the Middle East.  Technology XLK +4.24% led all sectors.   

NVDA +9.23, +5.59%, rose on 225.7 million shares above the HOLD with a large white candle. 

MU +16.04, +4.98%, formed a piercing line white candle.


SPX advancers: ON SNDK COIN COHR SMCI STX UAL CCL CRL Q MCHP FCX.
SPX decliners: CEG MKC CF EOG APA OKE HSY DVN CHTR BIIB LYB CTRA AWK.

SPY traded above average volume of 99.1 million shares.
VIX -5.36, 25.25
NDX +3.43%, bounced above the HOLD.
DJI, 46,341, +2.49%, bounced above the HOLD.


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


Up: IWM, QQQ, SPY, DIA,
Down:  

The SPY MFC green line turned up at 12.4, price-action closed above the HOLD and is short-term bullish. +3.3. 

Nine of eleven sectors (94.7%) were higher on Tuesday led by XLK, XLI and XLY


84 of 100 NDX stocks closed higher on Tuesday.

28 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, MRVL, ARM, EA, AMD, BKR, AMD, AEP, COST, EXC, INSM, INTU, LIN, ROP, ALNY, AMD, AZN, CSX, FAST, FTNT, ODFL, ORLY, PANW, PDD, PYPL, REGN,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 12
ALNY, AMD, AZN, CSX, FAST, FTNT, ODFL, ORLY, PANW, PDD, PYPL, REGN,


Moving Below 30 DMA = 1
MDLZ,



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Monday, March 30, 2026

DJI Closed Higher...SPX, NDX, RUT Closed Lower...Breadth Strenghtened and Remained Negatve...


© 2026


SPX -25.13, 6,343 made at its lowest close in six months.   Breadth strengthened and was negative as decliners again led on both the NYSE and Nasdaq exchanges.  A lack of clarity on both the Middle East and the future range of potential oil prices continued to pressure the SPX on below average volume.  Closed at its lowest level in six months. 

NVDA -2.35, -1.40%, fell on 184.9 million shares. 

MU -35.42, 9.92.50%, formed a large red candle that broke support. 

SPX advancers: NOW PANW AJG BR WDAY FICO TTD CBOE AON TKO MRSH.
SPX decliners: SYY MU COHR CIEN BSX TPL WDC SNDK LITE VRT TER GLW.

SPY traded above average volume of 99.1 million shares.
VIX -0.44, 30.61
NDX -0.78%, closed at a six-month low.
DJI, 45,216, +0.11%, formed an inverted hammer.


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


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


The SPY MFC green line is down at 9.1, price-action closed just below seven-month support and is short-term bearish. -3.3.

Seven of eleven sectors (43.9%) were higher on Monday led by XLF, XLC and XLU


55 of 100 NDX stocks closed higher on Monday.

17 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, MRVL, ARM, EA, AMD, BKR, AMD, AEP, COST, EXC, INSM, INTU, LIN, MDLZ, ROP,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 8
AEP, COST, EXC, INSM, INTU, LIN, MDLZ, ROP,


Moving Below 30 DMA = 2
BKR, CSCO,  



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Friday, March 27, 2026

DJI, RUT, SPX, NDX Closed Lower...Breadth Weakened...VIX Rose...Middle East Lacked Clarity...

 
© 2026


SPX -114.75, 6,477 made at its lowest close in six months.   Breadth weakened and was negative as decliners led on both the NYSE and Nasdaq exchanges.  A lack of clarity on both the Middle East and the future range of potential oil prices continued to offer market makers an excuse to drop bids as SPX on below average volume, hit its lowest level in six months. 

Following the March 6, 2026, statement from the U.S. President on “unconditional surrender” the Iranian President responded that the comment was a “dream” that U.S. leaders should “take to their graves.” This week’s Middle East actions suggest continued lack of clarity.

NVDA -7.44, -4.16%, fell on 186.1 million shares. 

MU +1.76, +0.50%, formed a bullish harami inverted hammer.  March 24, GOOGL introduced its TurboQuant algorithm, which may lead to lower memory requirements for LLM’s.

SPX advancers: ETR BF/B CPB HAL APA TAP LYB CIEN DOW SATS XOM CF.
SPX decliners: DDOG MRNA COIN NCLH ABNB ALGN HOOD PANW CRWD GPN.

SPY traded above average volume of 103.6 million shares.
VIX +3.61, 31.05
NDX -1.93%, closed at a six-month low.
DJI, 45,166, -1.73%, made a new six-month low.


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


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

The SPY MFC green line turned down at 12.4, price-action closed below six-month support, made a 6-month closing low and is short-term bearish. -1.1. 

Three of eleven sectors (14.9%) were higher on Friday led by XLE, XLP and XLU


17 of 100 NDX stocks closed higher on Friday.

11 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, MRVL, ARM, EA, AMD, BKR, AMD, BKR, CSCO,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 0



Moving Below 30 DMA = 10
ABNB, ALNY, DDOG, INSM, INTU, LIN, PAYX, PLTR, PYPL, ROP,




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Thursday, March 26, 2026

DJI, RUT, SPX, NDX Closed Lower...SPX Below Average Volume...Breadth Weakened...VIX Rose...


© 2026


SPX -114.75, 6,477 made at its lowest close in six months.   Breadth weakened and was negative as decliners led on both the NYSE and Nasdaq exchanges.  A lack of clarity on both the Middle East, including the Strait of Hormuz and the future range of potential oil prices, seemed to give market makers an excuse to drop bids as the SPX finished with its largest decline this month on below average volume. 

NVDA -7.44, -4.16%, fell on 186.1 million shares. 

MU -26.63, -6.97%, formed a red candle and made its lowest close in over two months.  GOOGL introduced its TurboQuant algorithm this week, which some believe may lead to lower memory requirements for LLM’s.

SPX advancers: BF/B VLO BBY IT OXY DINO APA CF COP FANG ERIE EOG MPC.
SPX decliners: LITE CIEN SNDK COHR APP LRCX ANET LEE VRT AMAT STX.

SPY traded average volume of 96.5 million shares.
VIX +2.11, 27.44
NDX -2.38%, closed at a six-month low.
DJI, 45,960, -1.01%, closed above the HOLD and above 4-month support area for a third day.


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


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

The SPY MFC green line turned down at 13.5, price-action closed below six-month support, made a 6-month closing low and is short-term bearish. -2.1. 

Three of eleven sectors (8.3%) were higher on Thursday led by XLE, XLU and XLRE


33 of 100 NDX stocks closed higher on Thursday.

21 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, PLTR, DDOG, INTU, MRVL, ABNB, ARM, EA, AMD, BKR, AMD, BKR, CSCO, ALNY, INSM, LIN, PYPL, ROP, PAYX,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 1
PAYX,


Moving Below 30 DMA = 9
AMAT, AMZN, INTC, KLAC, LRCX, MSTR, PDD, STX, WDC,



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Wednesday, March 25, 2026

RUT, NDX, DJI, SPX Closed Higher...Breadth Strengthened...VIX Fell...SMCI, HPE Leads SPX...AMD Leads Chip Stocks...


© 2026


SPX +35.53, 6,591 closed above its 4-month support.   Breadth strengthened and turned positive as advancers led on both the NYSE and Nasdaq exchanges.  There continues to be a lack of clarity on both the Middle East, including the Strait of Hormuz and the future range of potential oil prices. Most observations are speculation since no one knows the future. 

NVDA +3.51, +2.00%, rose on 162.2 million shares. 

MU -13.44, -3.40%, formed a doji in a bull flag pullback.  GOOGL introduced its TurboQuant algorithm, which may lead to lower memory requirements for LLM’s.

SPX advancers: SMCI HPE SATS AMD INTC SOLS HOOD FICO VRSN MRNA CRL.
SPX decliners: VRSK PODD SNDK MU BRO FIS LITE VLO CME STX PANW LRCX.

SPY traded average volume of 90.5 million shares.
VIX -1.60, 25.35
NDX +0.67%, closed in a 5-day trading range that is above 4-month support.
DJI, 46,429, +0.66%, closed above the HOLD and above 4-month support area for a third day.


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


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

The SPY MFC green line turned up at 15.6, price-action closed 13 cents above Friday’s high, the low day, and above four-month support and is short-term bearish. +4.5. 

Nine of eleven sectors (94.8%) were higher on Wednesday led by XLB, XLV and XLY


66 of 100 NDX stocks closed higher on Wednesday.

29 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, PLTR, DDOG, INTU, MRVL, MSTR, ABNB, ARM, WDC, KLAC, STX, EA, AMAT, AMD, BKR, LRCX, AMD, BKR, CSCO, ALNY, AMZN, INSM, INTC, LIN, PDD, PYPL, ROP,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 8
ALNY, AMZN, INSM, INTC, LIN, PDD, PYPL, ROP,


Moving Below 30 DMA = 1
BKNG,



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Tuesday, March 24, 2026

Small Cap RUT Closed Higher...DJI, SPX, NDX Closed Lower...VIX, Volatility Rose...


© 2026


SPX -24.63, 6,556 closed above its 6-month support.   Breadth weakened, turned negative as decliners increased and led on both the NYSE and Nasdaq exchanges.   
NVDA -0.44, -0.25%, fell on 147.1 million shares. 

MU -8.82, -2.18%, four days after EPS $12.20 beat 9.21 est., Sales $23.86B beat 19.93 estimate, raised guidance, increased dividend.  Last Thursday, more than 22 analysts raised price targets between $40 and $350.  Daiwa raised PT to $700, and HSBC raised its PT to $750.

SPX advancers: LITE GLW HPE DELL COHR LYB DOW VRT ALB CF TER CIEN.
SPX decliners: AXON EL COIN IT TTD FICO CRM GEN DG NOW WDAY EFX.

SPY traded above average volume of 96 million shares.
VIX +0.80, 26.95
NDX -0.77%, closed above 4-month support.
DJI, 46,124, -0.18%, closed above the HOLD and above 4-month support area for a second day.


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


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

The SPY MFC green line is pointed down at 11.1, price-action closed below Friday’s high, above Friday’s low, below Monday’s close and at five-month support and is short-term bearish. -2.0

Six of eleven sectors (39.7%) were higher on Tuesday led by XLE, XLB and XLU


41 of 100 NDX stocks closed higher on Tuesday.

22 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, PLTR, DDOG, INTU, MRVL, MSTR, ABNB, ARM, WDC, BKNG, KLAC, STX, EA, AMAT, AMD, BKR,  LRCX, AMD, BKR, CSCO,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
CSCO,

Moving Below 30 DMA = 11
ADSK, AMZN, APP, AXON, CRWD, FTNT, PANW, PYPL, ROP, SNPS, VRSK,



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Monday, March 23, 2026

RUT, DJI, SPY, QQQ Closed Higher...Breadth Strengthened...


© 2026


SPX +74.52, 6,581 closed back above its 6-month support.   Breadth strengthened, turned positive as advancers increased and led on both the NYSE and Nasdaq exchanges.     

NVDA +2.94, +1.70%, rose on 182.7 million shares. 

MU -18.55, -4.39%, three days after EPS $12.20 beat 9.21 est., Sales $23.86B beat 19.93 estimate, raised guidance, increased dividend.  More than 22 analysts raised price targets between $40 and $350.  Daiwa raised PT to $700, and HSBC raised its PT to $750.

SPX advancers: ALB SW Q LTR CIEN NCLH MHK SOLS RCL SLB CCL FCX.
SPX decliners: EL FICO CNC MU EXPD NOD CF DRI HII ULTA LYB UNH LHX.

SPY traded above average volume of 134.7 million shares.
VIX -0.63, 26.15
NDX +1.22%, closed above 4-month support.
DJI, 45,803, +1.38%, closed above the HOLD above 4-month support.


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


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

The SPY MFC green line is pointed down at 13.1, price-action closed below Friday’s high but above six-month support and is short-term bearish. -0.3

All eleven sectors (100%) were higher on Monday led by XLY, XLB and XLK


82 of 100 NDX stocks closed higher on Monday.

32 NDX stocks are above their 30 DMA: BKNG, FANG, ROST, TMUS, AXON, NLFX, VRSK, ADSK, PLTR, APP, DDOG, INTU, PANW, MRVL, MSTR, ROP, ABNB, ARM, WDC, BKNG, KLAC, STX, EA, AMAT, AMD, BKR, INTC, LRCX, AMD, AMZN, BKR, CRWD, FTNT, PYPL, SNPS,

NDX Stocks to Watch on Tuesday:
Moving Above 30 DMA = 7
AMD, AMZN, BKR, CRWD, FTNT, PYPL, SNPS,


Moving Below 30 DMA = 2
LIN, MU,



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Friday, March 20, 2026

DJI, SPX, NDX, RUT Closed Lower as SPX Makes Six Month Low...Breadth Weakened...


© 2026


SPX -100.01, 6,506 closed again below its 6-month support.   Breadth weakened and remained negative as decliners increased and led on both the NYSE and Nasdaq exchanges.  Ten sectors were lower.  

NVDA -5.86, -3.28%, fell on 241.3 million shares.  Thursday was the final day of its annual conference GTC 2026.

MU -21.31, -4.81%, day after EPS $12.20 beat 9.21 est., Sales $23.86B beat 19.93 estimate, raised guidance, increased dividend.  More than 22 analysts raised price targets between $40 and $350.  Daiwa raised PT to $700, and HSBC raised its PT to $750.

SPX advancers: MRSH APA AON TTD AJG PSKY HUM T GEN WDAY OXY MS.
SPX decliners: SMCI VST CEG MOS NRG SOLS SNDK WDC CIEN GLW STX.

SPY traded above average volume of 163.6 million shares.
VIX +2.72, 26.78
NDX -1.88%, closed at 4-month support.
DJI, 45,577, -0.96%, again closed below 4-month support.


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


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

The SPY MFC green line is pointed up at 13.4, price-action closed below its six-month support and is short-term bearish. +1.0. 

One of eleven sectors (12.5%) was higher on Friday led by XLF, XLE and XLC


22 of 100 NDX stocks closed higher on Friday.

27 NDX stocks are above their 30 DMA: BKNG, FANG, ROST, TMUS, AXON, NLFX, VRSK, ADSK, PLTR, APP, DDOG, INTU, PANW, MRVL, MSTR, LIN, MU, ROP, ABNB, ARM, WDC, BKNG, KLAC, STX, EA, AMAT, AMD, BKR, INTC, LRCX,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 0



Moving Below 30 DMA = 7
AMD, BKR, CEG, CRWD, FTNT, INTC, PYPL,



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Thursday, March 19, 2026

RUT Closed Higher...SPX, NDX, DJI Closed Lower...Breadth Strengthened, Remained Negative...MU Negative EPS Reaction on EPS Beat...

 
© 2026


SPX -18.21, 6,606 closed again below its 3-month support.   Breadth strengthened but remained negative as decliners led on both the NYSE and Nasdaq exchanges.  Eight sectors were lower.   

NVDA -1.84, -1.02%, fell on 170.5 million shares.  Thursday was the final day of its annual conference GTC 2026.

MU -17.46, -3.78%, reported EPS $12.20 beat 9.21 est., Sales $23.86B beat 19.93 estimate, raised guidance, increased dividend.  More than 22 analysts raised price targets between $40 and $350.  Daiwa raised PT to $700, and HSBC raised its PT to $750.

SPX leaders: CIEN STX BKR SLB DELL CAN LRCX APA WDC SBUX PSX CCL.
SPX decliners: FICO NEM MOS IP MOH ES SW MU HWM DASH TSN MHK FCX.

SPY traded above average volume of 111.2 million shares.
VIX -1.03, 24.06
NDX -0.29%, closed below 4-month support.
DJI, 46,021, -0.44%, again closed below 3-month support.


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


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

The SPY MFC green line turned up at 12.4, price-action closed below its three-month support and is short-term bearish. -0.1. 

Three of eleven sectors (48.4%) were higher on Thursday led by XLE, XLK and XLF


44 of 100 NDX stocks closed higher on Thursday.

34 NDX stocks are above their 30 DMA: BKNG, FANG, ROST, TMUS, CEG, AXON, NLFX, VRSK, ADSK, FTNT, PLTR, APP, CRWD, DDOG, INTU, PANW, MRVL, MSTR, LIN, MU, PYPL, ROP, ABNB, ARM, WDC, BKNG, KLAC, STX, EA, AMAT, AMD, BKR, INTC, LRCX,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 5
AMAT, AMD, BKR, INTC, LRCX,


Moving Below 30 DMA = 2
AEP, EXC,



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Wednesday, March 18, 2026

NDX, SPX, RUT, DJI Closed Lower...Breadth Weakened...VIX Rose...After hour: MU Lower after BIG EPS Beat...


© 2026


SPX -91.39, 6,624 closed below its 3-month support.   Breadth weakened and turned negative as decliners led on both the NYSE and Nasdaq exchanges.  All sectors were lower.

NVDA -1.29, -0.70%, fell on 182.1 million shares.  Tuesday was the second day of its annual conference GTC 2026.

After hours: MU -23.24, -5.04%, reported EPS $12.20 beat 9.21 est., Sales $23.86B beat 19.93 estimate.


SPX leaders: LYB SNDK CIEN LULU VST CNC MOH CEG AKAM NRG CF DINO.
SPX decliners: OTIS CHTR TTD APH ABBV CMG SBUX CMCSA DPZ FCX.


SPY traded below average volume of 82.0 million shares.
VIX +2.72, 25.09
NDX -1.43%, closed below 4-month support.
DJI, 46,225, -1.63%, closed below 3-month support.


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


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

The SPY MFC green line is pointed down at 12.3, price-action closed below its three-month support and is short-term bearish. -7.7

All eleven sectors (100%) were lower on Wednesday led by XLE, XLI and XLU


18 of 100 NDX stocks closed higher on Wednesday.

31 NDX stocks are above their 30 DMA: BKNG, AEP, FANG, ROST, TMUS, EXC, CEG, AXON, NLFX, VRSK, ADSK, FTNT, PLTR, APP, CRWD, DDOG, INTU, PANW, MRVL, MSTR, LIN, MU, PYPL, ROP, ABNB, ARM, WDC, BKNG, KLAC, STX, EA,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 1
EA,


Moving Below 30 DMA = 9
AMAT, AMZN, CDNS, COST, PDD, SBUX, TRI, TTWO, XEL,



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Tuesday, March 17, 2026

NDX, RUT, SPX, DJI Closed Higher...Breadth Remained Positive...MU Reports EPS Wednesday AMC...


© 2026


SPX +16.71, 6,716 closed just 4 points below its 3-month support.   Breadth weakened but remained positive as advancers led on both the NYSE and Nasdaq exchanges.

NVDA -1.29, -0.70%, fell on 182.1 million shares.  Tuesday was the second day of its annual conference GTC 2026.

MU reports EPS Wednesday after the close.

SPX leaders: WDC ARES DAL GPN STX APO TECH BX MU HAL EXPE.
SPX decliners: TTD LLY CPAY INTC COR DG PSKY HCA TSCO DELL SJM.

SPY traded average volume of 87.0 million shares.
VIX -1.14, 22.37
NDX +0.51%, closed above 3-month support near Fridays high.
DJI, 46,993, +0.10%, closed above Mondays white candle and formed another inverted hammer.


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


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

The SPY MFC green line is pointed down at 20, price-action closed just below its three-month support, below Friday and Monday’s high and is short-term bearish. -3.1

Eight of eleven sectors (80%) were higher on Tuesday led by XLE, XLY and XLK


66 of 100 NDX stocks closed higher on Tuesday.

39 NDX stocks are above their 30 DMA: BKNG, AEP, FANG, ROST, TMUS, XEL, EXC, CEG, SBUX, AXON, NLFX, VRSK, ADSK, FTNT, PLTR, TRI, APP, CRWD, DDOG, INTU, PANW, COST, MRVL, MSTR, LIN, TTWO, MU, PYPL, ROP, ABNB, ARM, CDNS, PDD, WDC, AMAT, AMZN, BKNG, KLAC, STX,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 5
AMAT, AMZN, BKNG, KLAC, STX,


Moving Below 30 DMA = 0



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