Tuesday, May 12, 2026

DJI, SPX, NDX, RUT Pause on Tuesday...Breadth Weakened on Tuesday...CPI Report...


© 2026


SPX +11.88, 7,400, a pause day, as semiconductor stocks paused. Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges. 

The CPI report headline CPI was 3.8% and Core CPI 2.8% vs. 2.7% estimate.

SPX advancers: ZBRA Q HUM CNC HII ZBH CF ANET STE APH SYK.
SPX decliners: QCOM INTC SNDK LITE SWKS WDC LKQ GLW ETN COIN JBL.

Earnings season begins to wind down this week with only 10 SPX companies reporting.  Next week retail stocks HD, TGT, TJX, WMT and ROST report.

NVDA +1.34, +0.61%, a new all-time closing high on 159.1 million shares, EPS on May 20 AMC.
MU -28.75, -3.61%, one-day pull back.

SPY -0.15%, one-day bull flag set up on below average volume of 54.1 million shares.
VIX -0.39, 17.99
NDX -1.05% one-day bull flag set up.
DJI, 49,760, +0.11% trading range near horizontal resistance.


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


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


The SPY MFC green line is flat at 98.2, price-action is short-term bullish. -0.2 

Seven of eleven sectors (49.9%) were higher on Tuesday led by XLV, XLP and XLF


44 of 100 NDX stocks closed higher on Tuesday.

54 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, FAST, AMZN, INTC, KLAC, MPWR, 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, FER, PAYX, BKR, FANG, LIN, VRTX, COST, CPRT,  

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 2
COST, CPRT,


Moving Below 30 DMA = 4
ABNB, ADBE, CEG, XEL,



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