Monday, May 4, 2026

NDX, SPX, RUT, DJI Closed Lower...VIX Closed Higher...


© 2026


SPX -29.37 7,200, pulled back in a one-day bull flag.  Breadth turned negative  as decliners led on both the NYSE and NASDAQ exchanges.  VIX volatility increased as the broad market paused on Monday.  The Middle East conflict continues to be source of volatility as Iran continues to attach its neighbors.

SPX advancers: TSN MU COIN SNDK EBAY ORCL APA DDOG CEG MRNA TTWO.
SPX decliners: UPS FDX CHRW NCLH ODFL L AMD EXPD MHK QCOM SWK.

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EPS season Day 15:   TSN closed higher on a positive EPS reaction.  PNW BRK/B L NCLH closed lower after a negative EPS reaction. 

CTRA FANG ON PLTR PSKY VRTX WMB reported after the close on Monday and 26 stocks report Tuesday morning with 21 more after the close.

130 SPX companies report this week.
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NVDA +.03, +0.02, formed a spinning top in a five-day bull flag pattern on 125.3 million shares.
MU +34.24, +6.31%, closed at a new all-time high.

SPY one-day bull flag pullback on below average volume of 51.9 million shares.
VIX +1.30 18.29
NDX -0.21% hit an intraday high before closing slightly lower.
DJI, 48,941, -1.13% moved lower on Monday.


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


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

The SPY MFC green line is pointed slightly lower at 95.6, price-action is short-term bullish. -1.3. 

Two of eleven sectors (36.4%) were higher on Monday led by XLE, XLK and XLV


41 of 100 NDX stocks closed higher on Monday.

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

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 1
INTU,  


Moving Below 30 DMA = 7
ASML, FER, LIN, MAR, ODFL, PEP, ROP,



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