Friday, May 22, 2026

RUT, DJI, NDX, SPX Closed Higher...DIA Breaks Out, New High...QQQ, IWM, SPY Close Near Closing Highs...Markets Closed Monday for Memorial Day...


© 2026


Enjoy your Memorial Day 3-day Weekend! Relax and be safe.


SPX +27.75, 7,473, bull flag bounce continuation. Breadth remained positive as advancers led on both the NYSE and NASDAQ exchanges. 

SPX advancers: DELL HPQ NTAP SWKS EL QCOM HPE F GNRC ROST SMCI.
SPX decliners: COIN TTWO SNDK SATS HOOD IBKR UHS CHTR UBER HAS.

Earnings season has 12 SPX companies reporting next week.

NVDA -4.18, -1.90%, pulled back in a six-day bull flag set up on 169.2 million shares.
MU -11.10, -1.46%, a bull flag bounce pause.

SPY +0.39%, bull flag bounce continuation on below average volume of 41.7 million shares.
VIX -0.06, 16.70
NDX +0.42%,
DJI, 50,285, +0.55%, closed above its February 10 closing high at a new all-time closing high.


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


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

The SPY MFC green line is higher at 89.6, and price-action is short-term bullish. +1.9 

Ten of eleven sectors (88.8%) were higher on Thursday led by XLV, XLK and XLU


62 of 100 NDX stocks closed higher on Friday.

61 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, AMZN, INTC, STX, WDC, CSCO, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, AAPL, MU, NVDA, NXPI, SBUX, MNST, CDNS, QCOM, SNPS, MSFT, TTWO, APP, DDOG, PANW, CRWD, FTNT, KDP, TSLA, KHC, MDLZ, ADP, MDB, ZS, FANG, LIN, COST, DXCM, PAYX, ADSK, BKR, ASML, KLAC, MAR, MPWR, CPRT, CTAS, HON, LITE, XEL, ADI, AMGN, EXC, GILD, ODFL, ROST, WDAY,

NDX Stocks to Watch on Monday
Moving Above 30 DMA = 7
ADI, AMGN, EXC, GILD, ODFL, ROST, WDAY,


Moving Below 30 DMA = 0




Add Comments here:

No comments: