Thursday, April 30, 2026

RUT, DJI, SPX, NDX Closed Higher...RUT, SPX, NDX Made All-time Closing Highs...VIX Lower...After-hours: AAPL up...WDC, SNDK down...


© 2026


SPX +73.06 7,209, a new all-time closing high, bounced above the high of the low day in a bull flag pattern.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges. Volume was near average for the first time since April 8. This indicated that institutions were buying today at all-time highs.  A great technical sign if you’re expecting the uptrend to continue.

VIX had its largest single-day decline since April 8 and its lowest close since February 2 at a 16.34 close, a sign that institutions were unwinding hedges after earnings from mega-caps AMZN, GOOGL, META and MSFT. Thursday AMC mega-cap AAPL reported EPS. 

On Thursday GOOGL +34.86, +9.96% and AMZN +2.02, +0.77% on positive earnings while META -57.21, -8.55% and MSFT -16.68, -3.93% moved lower on a negative earnings reaction.

After hours: AAPL +5.05, +1.86%, gained on positive earnings while WDC -35.00 -8.05% and SNDK -65.51, -5.97% moved lower on a negative earnings reaction.

___________________________________________________________________
EPS season Day 13:   PWR QCOM IRM GOOGL CAT LLY CARR ORLY TXT MO XEL BMY BAX RCL EG SO AME DTE CMG LKQ TT INVH SBAC TROW ALL VICI ICE MLM TAP AMZN VLO UDR closed higher on a positive EPS reaction.  WTW IP META HUBB BLDR CAH MA BR TYL PH MSFT KLAC SW FTV AOS ITW AWK CHRW AFL REG COP FTI HSY MRK ALGN F MGM APD CI EQIX EBAY LHX LH closed lower after a negative EPS reaction. 

AON ARES CBOE CHD CL CVX D DINO EL FRT LIN LYB MRNA XOM report EPS Friday BMO.

31.2% of SPX companies reported on Tuesday, Wednesday and Thursday.

Thursday AMC: AAPL AES AIG AJG AMGN CLX CPT DXCM FSLR GDDY LNT MHK RMD SNDK SYK WDC WY
___________________________________________________________________

NVDA -9.68, -4.63%, on 225.2 million shares.
MU -1.30, -0.25%, opened higher and traded in a range.

SPX advancers: PWR QCOM TER SWKS CIEN IRM GOOGL CAT LLY CARR ORLY.
SPX decliners: WTW IP META HUBB BLDR CAH NVDA MA BR TYL PH MSFT.

SPY all-time high on near average volume of 67.2 million shares.
VIX -1.92 16.89
NDX +0.98% all-time high.
DJI, 49,652, +1.62% bounced in a bull flag pattern


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


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

The SPY MFC green line is pointed up at 97.7, price-action is short-term bullish. +0.7. 

All eleven sectors (100%) were higher on Thursday led by XLI, XLU and XLV.  Ironically, XLK +0.25% was the weakest sector.


50 of 100 NDX stocks closed higher on Thursday.

63 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, AMD, CSX, FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, FER, MU, NVDA, NXPI, SBUX, MNST, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, DDOG, PANW, CRWD, FTNT, FANG, BKR, KDP, AEP, CEG, LIN, TSLA, ADBE, KHC, MDLZ, PEP, ADP, COST, PAYX, TRI, VRSK, ASML, ORLY, XEL,

NDX Stocks to Watch on Friday
Moving Above 30 DMA = 3
ASML, ORLY, XEL,


Moving Below 30 DMA = 5
CPRT, EA, MDB, META, ROP,



Add Comments here:

No comments: