Friday, May 29, 2026

DJI, NDX, SPX Make All-time Closing Highs...RUT Closed Lower...VIX Closed Lower...


© 2026


Our iBullyBear Mentoring account once again hit a new all-time Net Liq high today on strength in MU, AVL, ARM, DELL and MSFT on Friday.  If you are not employing a systematic approach to decision-making in the face of uncertainty and you want to improve your skills contact us through the iBullyBear link above.


SPX +16.43, 7,580, new all-time closing high. Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges.  VIX continued to lose momentum and made its lowest close since January 12, 2026.

SPX advancers: DELL NTAP NOW IBM HPE WDAY SMCI HOOD ORCL DDOG.
SPX decliners: CLX RMD INTC SWKS COHR ADSK COST ROL VRSN CF HII.

Earnings season, 12 SPX companies reported this week: AZO, CRM, A, SNPS, HPQ, DLTR, HRL BBY, NTAP ADSK, DELL, COST.

NVDA -3.11, -1.45%, was trading above 216 until the last 10 minutes of the day when the stock fell over $5 into the close, creating a 10-day bull flag pattern, on 289 million shares.
MU +47.48, +5.14%, closed at a new all-time high after exceeding a trillion-dollar market cap Tuesday.  Ironically MU rallied more than $15 in the last 10 minutes.

DELL +103.86 +32.76%, rose after reporting a better-than-expected quarter results and guidance.  EPS $4.86 beats $2.94 estimate, sales $43.842B beat $35.446B estimate.


SPY +0.25%, all-time closing high, above average volume of 55 million shares.
VIX -0.42, 15.32, lowest close since Jan 12, 2026.
NDX +0.36%, all-time closing high.
DJI, 51,032, +0.72%, an all-time closing high.


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


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

The SPY MFC green line is higher at 97.3, and price-action is short-term bullish. +1.3 

Two of eleven sectors (47%) were higher on Friday led by XLK, XLF and XLI


49 of 100 NDX stocks closed higher on Friday.

57 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, AMZN, INTC, STX, WDC, CSCO, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, AAPL, MU, NXPI, MNST, CDNS, QCOM, APP, DDOG, PANW, CRWD, FTNT, KDP, TSLA, KHC, MDLZ, ADP, MDB, DXCM, PAYX, ASML, KLAC, MAR, HON, ADI, GILD, ODFL, ROST, WDAY, VRTX, META, ALNY, AXON, CTSH, IDXX, MSFT, PLTR,

NDX Stocks to Watch on Monday
Moving Above 30 DMA = 6
ADBE, AMGN, EA, EXC, TTWO, VRSK,

Moving Below 30 DMA = 6
ADSK, BKNG, CTAS, FAST, MPWR, NVDA,



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