©
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 in a 5-day trading range that is above
4-month support.
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,
Add Comments here:
No comments:
Post a Comment