Thursday, May 21, 2026

RUT, DJI, SPX, NDX Closed Higher...DJI All-time Closing High...Tech Continues to Lead...


© 2026


SPX +12.75, 7,445, bull flag bounce continuation. Breadth weakened from Wednesday and remained positive as advancers led on both the NYSE and NASDAQ exchanges. 

SPX advancers: RL IBM LITE SNDK STX WSM GLW CIEN WDC ANET COHR.
SPX decliners: INTU SATS WMT SOLS DE CMI VLO VEEV MPC DINO WDAY.

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

NVDA -3.96, -1.30%, pulled back in a bull flag set up on 202.3 million shares. Reported Wednesday AMC EPS $1.87 Beats $1.76 estimate, Sales $81.615B Beat $78.786B estimate.
MU +30.11, +4.11%, a bull flag bounce continuation.

SPY +0.20%, on below average volume of 43.2 million shares.
VIX -0.68, 16.76
NDX +0.20%,
DJI, 50,285, +0.55% all-time closing high.


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


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

The SPY MFC green line is lower at 88.7, and price-action is short-term bullish. -3.5 

Seven of eleven sectors (81.7%) were higher on Thursday led by XLU, XLK and XLV


58 of 100 NDX stocks closed higher on Thursday.

54 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,

NDX Stocks to Watch on Friday
Moving Above 30 DMA = 5
CPRT, CTAS, HON, LITE, XEL,     


Moving Below 30 DMA = 6
ADBE, ADI, AXON, ODFL, WBD, WDAY,



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