©
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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