NVDA Continues Break Out to a New
Closing High
© 2026
Our
iBullyBear Mentoring
account saw strength in MU, LITE, NVDA, SNDK and NVDA along with several
other gainers on Monday.
SPX +8.83, 7,173, continued to rise above short-term
resistance to an all-time closing high. Breadth weakened as advancers led on the NYSE
and lagged on the NASDAQ exchange. Volume was below average and VIX closed
lower, a sign that institutions continued to unwind hedges as the broad market hit
an all-time high. It is
meaningful to note that VIX is still at a moderate level.
The FOMC
will report its lates interest action on Wednesday at 2 p.m. EDT. Rates are expected to remain unchanged. AMZN GOOGL META MSFT report after the
close on Wednesday, April 29.
___________________________________________________________________
EPS
season Day 10: VZ closed higher on a positive EPS reaction. DPZ closed
lower after a negative EPS reaction. ALLE
AMT AVY BEN CMS CNC ECL GLW GM HLT INCY IVZ KMB KO PCAR PNR SHW SPGI SYY UPS
XYL ZBH report EPS Tuesday BMO. 27 more SPX companies report after the
close for 49 total on Tuesday. There are
156 companies or 31.2% of SPX companies scheduled to report
Tuesday, Wednesday and Thursday.
___________________________________________________________________
NVDA +8.34, +4.00%, all-time closing high,
on 185.3 million shares.
MU +27.84, +5.60%, a new high close on
Monday.
SPX
advancers: SNDK ALB
MU SWK CNC NVDA HUM SATS ELV LVS HCA INTC.
SPX
decliners: DPZ DLTR
GLW COHR SMCI MRNA ARE TER NEM AMD TMUS.
SPY below average volume of 33.1 million
shares, lowest volume day of 2026.
VIX -0.69 18.02,
NDX +0.01% made a new all-time
closing high by 2 points.
DJI, 49,167, -0.13% formed a spinning
top in a bull flag pullback
Mega caps NVDA, GOOGL, BRK/B, TSLA, TSM, META, MSFT rose and
AVGO, AMZN, AAPL, WMT fell on Monday.
Up: IWM, SPY, QQQ,
Down: DIA,
The SPY
MFC green line turned up at 96.5, price-action
is a bounce to new closing high short-term bullish.
+0.8.
Five
of eleven
sectors (69.3%) were higher on Monday led by XLF, XLC and XLK.
39
of 100
NDX stocks closed higher on Monday.
61 NDX stocks are above their 30
DMA: ROST, MRVL, ARM, AMD, CSX,
FAST, ODFL, AMZN, INTC, KLAC, MAR, MPWR, STX, WDC, CSCO, ADI, BKNG, MCHP, TXN,
AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, ASML, FER, MU, NVDA, NXPI, ORLY, PCAR,
SBUX, META, MNST, ABNB, CDNS, PYPL, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP,
DDOG, PANW, CCEP, CRWD, FTNT, COST, MDB, FANG, BKR, ISRG, KDP, AEP, CEG, LIN, TSLA,
IDXX,
NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 1
IDXX,
Moving Below 30 DMA = 4
ADBE,
EA, MDLZ, PEP,
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