Monday, May 18, 2026

DJI Closed Higher...SPX, NDX, RUT Closed Lower...Technology Sector Led Stocks Lower...


© 2026


SPX -5.45, 7,403, opened slightly higher, traded in a range and closed lower after LITE was added to the NDX and technology stocks were weaker. Breadth strengthened but was mixed a advancers improved but only led only on the NYSE

SPX advancers: DXCM FDS WDAY NOW APA OXY DVN ADBE TYL XOM IT.
SPX decliners: REGN LITE VRT GLW STX PWR MU CIEN SNDK AMAT Q COHR.

Earnings season has 18 SPX companies reporting this week including HD, ADI, LOW, TGT, TJX, DE, RL, WMT, CPRT, DECK and ROST.

NVDA -3.00, -1.33%, a pullback day on 180.9 million shares, EPS on May 20 AMC.
MU -43.12, -5.95%, a bull flag pattern above Tuesday’s low.

SPY -0.07%, on just below average volume of 47.8 million shares.
VIX -0.61, 17.82
NDX -0.45%,
DJI, 49,686, +0.32%.

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

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

The SPY MFC green line is slightly lower at 94.8, and price-action is short-term bullish. -1.9 

Seven of eleven sectors (44.3%) were higher on Monday led by XLE, XLP and XLF


LITE replaced CSGP in NDX before the open today.

64 of 100 NDX stocks closed higher on Monday.

56 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, AMZN, INTC, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, AAPL, MU, NVDA, NXPI, SBUX, MNST, CDNS, QCOM, SNPS, MSFT, MSTR, TTWO, APP, DDOG, PANW, CRWD, FTNT, KDP, TSLA, KHC, MDLZ, ADP, MDB, ZS, ASML, FANG, LIN, VRTX, COST, ADBE, DXCM, INTU, PAYX, WDAY, ADSK, AXON, BKR, CPRT, CTAS, MAR,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 6
ADSK, AXON, BKR, CPRT, CTAS, MAR,


Moving Below 30 DMA = 3
KLAC, LITE, MPWR,



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